REGULATION (EU) No 508/2014 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL | 32014R0508 — European Union law | Esheria

REGULATION (EU) No 508/2014 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL

This Regulation sets up the European Maritime and Fisheries Fund to support fisheries, aquaculture, maritime policy, control, data collection, and related funding rules.

AI-assisted research synopsis — verify against the official legal text below.

Jurisdiction
European Union
Instrument
Regulation
Citation
32014R0508
Status
In force
Version
Undated source snapshot
Language
en
Official source
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aquaculture aquaculture operations audits community-led local development compliance confidentiality control and enforcement cooperation projects data collection delegated acts eligibility financial corrections fisheries funding fishing vessels funding grants information exchange marine environment maritime affairs marketing and processing support monitoring and reporting publicity reporting storage aid

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Statute overview

About this statute

This Regulation sets up the European Maritime and Fisheries Fund to support fisheries, aquaculture, maritime policy, control, data collection, and related funding rules. This segment sets Commission implementation and delegated-act powers, requires Member States to verify and share applicant statements, and limits some EMFF support and vessel transfers. This segment sets conditions and limits for EMFF support to fisheries and aquaculture activities, including eligibility rules, caps, deadlines, and some Member State duties. This provision sets funding, reporting, and control rules for fisheries-related support measures, including community-led local development, storage aid, compensation plans, and Commission oversight. The Commission may suspend interim payments and make financial corrections in cases of serious non-compliance, while Member States and beneficiaries have reporting, information-sharing, and confidentiality duties.