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German art VAT cut welcomed by dealers

17 June 2024

Art in Germany might be about to get a bit cheaper with the German government confirming it will cut the VAT on art sales from 19% to 7% in line with its import VAT.

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BADA members get to grips with new EU import legislation

29 May 2024

Trade organisation holds event covering regulations that will impact art, antiques and antiquities dealers

European Commission

Art and antiques trade unites against EU import rules

25 March 2024

Art and antiques trade associations have stepped up their campaign to “dilute the worst effects” of the incoming EU import licensing regulation which comes into force next summer.

Start sizing up the anti money laundering rules now because it affects both little and large businesses

15 August 2022

As the UK brought into force the EU’s fifth Money Laundering Directive in early 2020, it was believed that the art market had plenty of time to register and comply.

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Warning over Brexit effect on British hallmarking

12 July 2021

The British Hallmarking Council (BHC) is to raise concerns with the government about the impact of Brexit on antique gold and silver exports into the EU.

Royal Mail advice

New VAT rules for EU imports take effect this month

08 July 2021

New VAT rules have been put in place by the European Union for distance selling.

Italy seeks to open its art market with export threshold changes

28 June 2021

The export of Italian art has become easier following changes made to the country’s cultural laws.

Brexit

Revoke of EU cultural goods regulation could leave Northern Ireland exposed

26 May 2021

The UK government is in the process of revoking the European Union regulation on the Import of Cultural Goods.

Final chance for EU cultural goods consultation

19 April 2021

The art and antiques sector has until April 21 to submit feedback on new rules on the import of cultural goods proposed by the European Union.

European Commission

Call for feedback on EU’s cultural goods importation rules

14 April 2021

The art and antiques sector has until April 21 to submit feedback on new rules proposed by the European Union on the import of cultural goods.

French export licensing thresholds for cultural goods change

01 February 2021

France has changed its export licensing system for cultural goods, increasing the value thresholds and removing some red tape.

Be alert to money laundering activity during lockdown says HMRC

27 April 2020

HMRC has warned the art market to be on alert for money laundering attempts during the coronavirus pandemic.

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Guidance for anti-money laundering regulation published

07 February 2020

The anti-money laundering guidance for Art Market Participants (AMPs) has finally been published.

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Anti-money laundering regulation - the art market must begin compliance

10 January 2020

The art market must now comply with the latest anti-money laundering law – despite a lack of clarity around some elements of the regulation.

New anti-money laundering law: trade in paintings must comply, but not furniture, porcelain or books

08 January 2020

The ‘works of art’ covered by revised anti-money laundering legislation coming into effect in the UK this week exclude key collecting areas, after successful lobbying by art market trade bodies.

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2020 vision

23 December 2019

For better or worse, Brexit is finally set to proceed and will be a major factor in the year ahead – as will timed auctions, anti-money laundering rules, the looming prospect of a near-total ivory trade ban, antiquities challenges and a new buying ethos based on cultural sensitivities, changes at major fairs and a growing ‘green’ movement.

HMRC promises guidance ahead of anti-money laundering changes

23 December 2019

HMRC is to update UK art market professionals with guidance and webinars in January ahead of the introduction of new anti-money laundering legislation.

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Tory election victory ‘won’t make any difference’ to outcome of ivory ban appeal, lawyer says

17 December 2019

A lawyer acting for a group challenging the Ivory Act has said the Conservatives’ win of a House of Commons majority in last week’s general election will have no bearing on the outcome of a Court of Appeal hearing in the New Year.

French auction reform closer to reality as bill passes through Paris’ Senate

01 November 2019

A draft bill recommending further reform to the French auction system has passed through the Senate in Paris.

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Art and antiques dealers take government to court over Ivory Act

16 October 2019

“No reputable dealer wants to see elephants dead” was among the opening remarks by the QC acting for a group of dealers and collectors challenging the Ivory Act 2018, at the High Court today.