Nel contesto economico attuale, disporre di assetti organizzativi, amministrativi e contabili adeguati non è più solo una questione di conformità normativa: è diventato un fattore strategico per accedere al credito e sostenere lo sviluppo dell’impresa.
The increasingly interconnected global art market is subject to a complex regulatory landscape that governs the import and export of cultural property. The laws surrounding these movements not only address tax and customs aspects but also protect national cultural heritage, setting stringent criteria for the preservation and management of artworks. Understanding international regulations, as well as local specifics, is crucial to avoid issues related to sanctions, seizures, and the loss of value of artworks.
Regulation (EU) 2022/2560 on Foreign Subsidies (FSR) has reshaped cross-border M&A operations. Effective with notification obligations from October 12, 2023, the FSR introduces additional scrutiny of financial contributions from third countries to preserve a level playing field in the EU market. For companies engaged in cross-border M&A, understanding and managing the FSR is essential for strategic planning.