Author (Corporate) | European Commission |
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Series Title | COM |
Series Details | (2016) 503 final (12.8.16) |
Publication Date | 12/08/2016 |
Content Type | Policy-making |
Regulation (EU) No 515/2014 of the European Parliament and of the Council of 16 April 2014, establishing, as part of the Internal Security Fund, the instrument for financial support for external borders and visa and repealing Decision No 574/2007/EC entered into force on 21 May 2014 and became applicable as of 1 January 2014. Regulation (EU) No 514/2014 of the European Parliament and of the Council of 16 April 2014 laying down general provisions on the Asylum, Migration and Integration Fund and on the instrument for financial support for police cooperation, preventing and combating crime, and crisis management also entered into force on 21 May 2014 and became applicable as of 1 January 2014. Under Article 19 of Regulation (EU) No 515/2014, the provisions of Regulation (EU) No 514/2014 apply to the instrument for financial support for external borders and visa as part of the Internal Security Fund (hereinafter referred to as 'the ISF-Borders and Visa'). The purpose of the ISF-Borders and Visa is to establish a solidarity mechanism binding the participating states by the same European rules on the control of external borders in each other's interests and on each other's behalf. The ISF-Borders and Visa will serve to accomplish a key objective of the Schengen acquis, namely to share responsibility for an 'efficient, high and uniform level of control at the external borders', as set out in Article 15 of Regulation (EU) 2016/399 of the European Parliament and of the Council. It is thus a development of the Schengen acquis. The aim of the draft Agreement with Liechtenstein is to establish the arrangements referred to in Article 5(7) of Regulation (EU) No 515/2014 and to enable the Commission to assume ultimate responsibility for implementation of the budget of the instrument in this associated country and determine its contribution to the Union budget in respect of this instrument. |
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Source Link | http://eur-lex.europa.eu/legal-content/EN/TXT/?uri=COM:2016:503:FIN |
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Countries / Regions | Europe, Liechtenstein |
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