| Author (Corporate) | Council of the European Union, European Parliament |
|---|---|
| Series Title | Official Journal of the European Union |
| Series Details | L 435, Pages 187-261 |
| Publication Date | 06/12/2021 |
| Content Type | Legislation, Policy-making |
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Summary: Regulation (EU) 2021/2116 - signed off by the co-legislators on 2 December 2021 - concerning the financing, management and monitoring of the Common Agricultural Policy (CAP). This is also known as the CAP Horizontal Regulation. It repeals Regulation (EU) No 1306/2013. Further information: This Regulation lays down rules on the financing of expenditure under the Common Agricultural Policy (including expenditure on rural development), the management and control systems to be put in place by the Member States of the European Union (EU) and the clearance and conformity procedures. It replaces Regulation (EU) No 1306/2013, which was one the basic acts of the CAP in the framework of the reform launched in 2013 and implemented in 2015. As foreseen in its 2017 Work Programme, the European Commission held consultations on the simplification and modernisation of the CAP. The outcome was presented in a Communication on the Future of Food and Farming, published in November 2017. It later informed a legislative package introducing a new CAP reform, published on 1 June 2018 by the Commission in the framework of the discussions concerning the Multiannual Financial Framework (MFF) for the period 2021-2027. There was an understanding that the sectoral context had changed substantially since the previous reform, and so had the wider objectives of the European Union. The European Parliament's relevant committee initially approved a preliminary position on 8 April 2019. The Council of the European Union adopted its general approach on 21 October 2020. Under a new parliamentary term, the Parliament's plenary adopted its own negotiating position on 23 October. Trilogue negotiations were launched in November 2020. An informal agreement on a compromise text for this file was reached by the co-legislators on 25 June 2021. This was formally endorsed by the Parliament on 23 November and by the Council on 2 December. The Act was signed on the same day and published in the Official Journal on 6 December 2021. |
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| Source Link | Link to Main Source http://data.europa.eu/eli/reg/2021/2116/oj |
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| Subject Categories | Business and Industry, Internal Markets |
| Subject Tags | Common Agricultural Policy [CAP], Multiannual Financial Framework [MFF] |
| Keywords | MFF 2021-2027 |
| International Organisations | European Union [EU] |
