|Author (Corporate)||European Commission|
|Series Details||COM (2018) 375|
Legislative proposal published by the European Commission in May 2018 which sets out common provisions for seven shared management funds in the framework of the Multiannual Financial Framework for the period 2021-2027.
The proposal aims to reduce fragmentation of rules, delivering a common set of basic rules for the seven funds considered - the European Regional Development Fund, the European Social Fund Plus, the Cohesion Fund, and the European Maritime and Fisheries Fund and financial rules for those and for the Asylum and Migration Fund, the Internal Security Fund and the Border Management and Visa Instrument.
Administrative simplification was defined as a key objective; experience suggests that the rules are over-complex and fragmented between funds and forms of finance, leading to an unnecessary burden on programme managers and final beneficiaries. This proposal does not replace Regulation EU No 1303/2013 which would continue to govern programmes adopted in the 2014-2020 period.
The proposal was adopted by the European Commission on 29 May 2018. The European Parliament's relevant committee adopted a negotiating position on the draft law on 22 January 2019.
|Subject Categories||Internal Markets|
|Subject Tags||Multiannual Financial Framework [MFF]|
|Keywords||Asylum and Migration Fund, Border Management and Visa Instrument, Cohesion Fund [CF], European Maritime and Fisheries Fund [EMFF], European Regional Development Fund [ERDF], European Social Fund Plus [ESF+], Internal Security Fund, MFF 2021-2027
|International Organisations||European Union [EU]|