EU Regulation 2019/880/EU has been developed as part of a plan to evolve common rules on trade with third countries so as to ensure the effective protection against illicit trade in cultural goods and against their loss or destruction, the preservation of humanity’s cultural heritage and the prevention of terrorist financing and money laundering through the sale of pillaged cultural goods to buyers in the EU. The Regulation, which does not apply to cultural items created or discovered within the customs territory of the EU, sets out the conditions for the introduction of cultural goods into the EU, and the conditions and procedures for the import of cultural goods, to safeguard cultural heritage and preventing the illicit trade in cultural goods, in particular where such illicit trade could contribute to terrorist financing. The cultural goods involved are those of importance for archaeology, prehistory, history, literature, art or science. The Regulation provides for a ban on the import of goods illicitly removed from their country of origin or discovery, and a requirement for certain other items to have both an import licence and an importer statement. Applicable in all Member States, the Regulation takes effect from 27th June.