### each member state shall ensure that the priorities addressed in its programme are consistent with , and respond to , the union priorities and challenges in the area of migration management and are fully in line with the relevant union acquis and agreed union priorities . in defining the priorities of their programmes member states shall ensure that the implementation measures set out in annex ii are adequately addressed . ### each member state shall ensure that the priorities addressed in its programme are consistent with , and respond to , the union priorities and challenges in the area of safe , orderly and regular migration management and are fully in line with the relevant union acquis and agreed union priorities . in defining the priorities of their programmes member states shall ensure that the implementation measures set out in annex ii are adequately addressed .


### preparation of return , including measures leading to the issuing of return decisions , the identification of third - country nationals , the issuing of travel documents and family tracing ; ### preparation of return , including measures leading to the issuing of return decisions , the identification of third - country nationals , the issuing of travel documents , family tracing , the option of being given vocational training in europe to foster reintegration into the country of origin ;


### measures to support the returnee ' s durable return and reintegration ; ### measures to support the returnee ' s durable return and reintegration , such as vocational / technical training ;


### –integration measures implemented by local and regional authorities and civil - society organisations ; ### –integration measures implemented by local and regional authorities and civil - society organisations , including diaspora communities ;


### the union has been developing its own space initiatives and programmes since the end of the 1990s , namely the european geostationary navigation overlay service and then galileo and copernicus , which respond to the needs of union citizens and the requirements of public policies . not only should the continuity of those initiatives be ensured but they must also be improved , so that they remain at the forefront in view of new technology development and the transformations in the digital and information and communications technology domains , meet the new needs of users and are able to meet political priorities such as climate change , including monitoring changes in the artic , security and defence . ### the union has been developing its own space initiatives and programmes since the end of the 1990s , namely the european geostationary navigation overlay service and then galileo and copernicus , which respond to the needs of union citizens and the requirements of public policies . not only should the continuity of those initiatives be ensured but they must also be improved , so that they remain at the forefront in view of new technology development and the transformations in the digital and information and communications technology domains , meet the new needs of users and are able to meet political priorities such as climate change mitigation and adaption , including monitoring changes in the artic , security and defence .


### reflecting the importance of tackling climate change in line with the union ' s commitments to implement the paris agreement and the united nations sustainable development goals , this programme will contribute to mainstream climate actions and to the achievement of an overall target of 25 % of the eu budget expenditures supporting climate objectives . relevant actions will be identified during the programme ' s preparation and implementation , and reassessed in the context of the relevant evaluations and review processes . ### reflecting the importance of tackling climate change in line with the union ' s climate objectives and its commitments to implement the paris agreement and the united nations sustainable development goals , this programme will contribute to mainstream climate actions and to the achievement of an overall target of 30 % of the eu budget expenditures supporting climate objectives . relevant actions will be identified during the programme ' s preparation and implementation , and reassessed in the context of the relevant evaluations and review processes .


### the system for recording pedigrees of purebred breeding animals entered or registered and eligible for entry into breeding books or of hybrid breeding pigs registered in breed registers ; ### the system for recording pedigrees of purebred breeding animals , including the percentage of the animals’ pedigree purity entered or registered and eligible for entry into breeding books or of hybrid breeding pigs registered in breed registers ;


### it has its pedigree established in accordance with the rules set out in the breeding book in accordance with the breeding programme approved in accordance with article 8 or article 9 ; ### it has its pedigree , accompanied by the percentage of the animals’ pedigree purity , established in accordance with the rules set out in the breeding book in accordance with the breeding programme approved in accordance with article 8 or article 9 ;


### the pedigree : ### the pedigree as illustrated below , also accompanied by the percentage of the animals’ pedigree purity :


### the revenue generated by the payment of travel authorisation fees should be assigned to cover the recurring operational and maintenance costs of the etias information system , of the etias central unit and of the etias national units . in view of the specific character of the system , it is appropriate to treat the revenue as external assigned revenue . ### the recurring operational and maintenance costs of the etias information system , of the etias central unit and of the etias national units should be covered by the revenue generated by the payment of travel authorisation fees . any amounts remaining after covering those costs should be assigned to cover expenditure incurred under programmes and actions in chapter 18 02 of the union budget or , from 2021 , under the succeeding programmes or actions . in view of the specific character of the system , it is appropriate to treat the revenue as external assigned revenue .


### a travel authorisation fee of eur 5 shall be paid by the applicant for each application . ### a travel authorisation fee of eur 10 shall be paid by the applicant for each application .


### the travel authorisation fee shall be waived for children under eighteen years . ### the travel authorisation fee shall be waived for applicants belonging to one of the following categories : children under twelve years ; school pupils , students , post - graduate students and accompanying teachers who undertake stays for the purpose of study or educational training ; researchers travelling for the purpose of carrying out scientific research ; representatives of non - profit organisations aged 25 years or less participating in seminars , conferences , or sports , cultural or educational events organised by non - profit organisations .


### a travel authorisation shall be valid for five years or until the end of validity of the travel document registered during application , whichever comes first , and shall be valid for the territory of the member states . ### a travel authorisation shall be valid for three years or until the end of validity of the travel document registered during application , whichever comes first , and shall be valid for the territory of the member states .


### the costs incurred in connection with the development of the etias information system , the integration of the existing national border infrastructure and the connection to the national uniform interface as well as by hosting the national uniform interface , the set - up of the etias central and national units and the operation of the etias shall be borne by the general budget of the union . ### the costs incurred in connection with the development of the etias information system , the integration of the existing national border infrastructure and the connection to the national uniform interface as well as by hosting the national uniform interface , the set - up of the etias central and national units and the operation of the etias shall be borne by the general budget of the union . before starting any procurement procedure , the commission shall undertake a precise analysis of the technical requirements for the integration of existing national systems , of the technical standards of the etias , and of the requirements concerning the content and accessibility of the etias .


### the revenues generated by the etias shall constitute external assigned revenue in accordance with article 21 of regulation no 966 / 2012 . ### the revenues generated by the etias shall constitute external assigned revenue in accordance with article 21 of regulation no 966 / 2012 . any revenue remaining after covering the cost of the development of the etias and the recurring costs of its operation and maintenance shall be assigned to cover expenditure incurred under programmes and actions in chapter 18 02 of the union budget or , from 2021 , under the succeeding programmes or actions .


### by [ six months after the entry into force of this regulation – opoce , please replace with the actual date ] and every six months thereafter during the development phase of the etias information system , eu - lisa shall submit a report to the european parliament and the council on the state of play of the development of the central system , the uniform interfaces and the communication infrastructure between the central system and the uniform interfaces . once the development is finalised , a report shall be submitted to the european parliament and the council explaining in detail how the objectives , in particular relating to planning and costs , were achieved as well as justifying any divergences . ### by [ six months after the entry into force of this regulation – opoce , please replace with the actual date ] and every six months thereafter during the development phase of the etias information system , eu - lisa shall submit a report to the european parliament and the council on the state of play of the development of the central system , the uniform interfaces and the communication infrastructure between the central system and the uniform interfaces . that report shall include an overview of the budgetary and cost developments with a detailed technical and financial assessment , precise information on cost increases and changes in design requirements and the reasons for any such increases or changes , as well as information on any risks which could impact the overall costs of the system to be borne by the union budget in accordance with article 74 . once the development is finalised , a report shall be submitted to the european parliament and the council explaining in detail how the objectives , in particular relating to planning and costs , were achieved as well as justifying any divergences .


### three years after the start of operations of the etias and every four years thereafter , the commission shall evaluate etias and shall make any necessary recommendations to the european parliament and the council . this evaluation shall include : ### one year after the start of operations of the etias and every two years thereafter , the commission shall evaluate etias and shall make any necessary recommendations to the european parliament and the council , including a detailed assessment of their budgetary implications . this evaluation shall include :


### in case it is determined , when applying this provision or any other relevant provision of this regulation , that it is not appropriate to use domestic prices and costs in the exporting country due to the existence of significant distortions , the normal value shall be constructed on the basis of costs of production and sale reflecting undistorted prices or benchmarks . for this purpose , the sources that may be used include undistorted international prices , costs , or benchmarks , or corresponding costs of production and sale in an appropriate representative country with a similar level of economic development as the exporting country , provided the relevant cost data are readily available . the constructed normal value shall include a reasonable amount for administrative , selling and general costs and for profits . ### in case it is determined that it is not appropriate to use domestic prices and costs in the exporting country due to the existence of one or more significant distortions in the economy as a whole or in sectors therein , the normal value shall be constructed on the basis of costs of production and sale reflecting undistorted prices or benchmarks for every factor of production . for this purpose , the sources that may be used include undistorted international prices , costs , or benchmarks , or corresponding costs of production and sale in an appropriate representative country , including those in the union , provided the relevant cost data are readily available . the constructed normal value shall include an undistorted and reasonable amount for administrative , selling and general costs and for profits . the existence of one or more significant distortions in the economy as a whole or in a sector of the economy of the exporting country shall lead automatically to the use of undistorted international , third country or union prices , costs or benchmarks for each and every factor of production in the construction of the normal value . if exporting producers from a country or a sector in which there exists one or more significant distortions conclusively demonstrate that the costs of one or more individual factors of production are not distorted for the industry as a whole , those costs shall be used in the construction of the normal value . the absence of distortion of the exporting producers ' costs of a given factor and the reliability thereof shall be assessed , inter alia , by reference to the quantities involved , their proportion in relation to the total costs of that factor , and actual use in production . in order to allow the commission to respect the overall procedural deadlines , and to respect the rights of defence of all stakeholders , the commission shall set deadlines for the submission of evidence with regard to the various elements described above . in particular , further evidence can be accepted by the commission after those deadlines only when it is possible to be properly and adequately verified by the commission , and other parties would be able to have sufficient time to comment .


### when appropriate , the commission services may issue a report describing the specific situation concerning the criteria listed in point in a certain country or a certain sector . such report and the evidence on which it is based may be placed on the file of any investigation relating to that country or sector . interested parties shall have ample opportunity to supplement , comment or rely on the report and the evidence on which it is based in each investigation in which such report or evidence is used . the determinations made shall take into account all of the relevant evidence on the file . ### the commission shall issue , as soon as possible , a public report describing the specific situation concerning the criteria listed in points in a certain country or a certain sector . inter alia , the report shall , where appropriate , include information on the compliance with international environmental and social standards that affect the cost production . such report and the evidence on which it is based , as well as relevant findings from prior union investigations and country reports , shall be placed on the file of any investigation relating to that country or sector . interested parties , including trade unions and smes , shall have ample opportunity to supplement , comment or rely on the report and the evidence on which it is based in each investigation in which such report or evidence is used . the commission shall inform the european parliament and the council accordingly . the determinations made shall take into account all relevant evidence on the file , based on reliable , secure and timely information and data available . the report or the evidence on which it is based shall be updated by the commission on a regular basis at least every five years or whenever the situation concerning the criteria laid down in point have changed .


### in order to improve the affordability of cross - border parcel delivery services , especially for users in remote or sparsely populated areas , it is necessary to improve the transparency of public lists of tariffs for a limited set of cross - border parcel delivery services offered by universal service providers , which are mostly used by small and medium - sized enterprises and individuals . transparency of public lists is also necessary to address the issue of high tariffs of cross - border delivery services and to reduce , where applicable , unjustified tariff differences between national and cross - border parcel delivery services . ### in order to improve the affordability of cross - border parcel delivery services , especially for users in remote or sparsely populated areas , it is necessary to improve the transparency of public lists of tariffs for cross - border parcel delivery services . transparency of public lists is also necessary to address the issue of high tariffs of cross - border delivery services and to reduce , where applicable , unjustified tariff differences between national and cross - border parcel delivery services .


### currently , postal services are regulated by directive 97 / 67 / ec of the european parliament and of the council49 . this directive establishes common rules governing the provision of postal services and the universal postal service in the union . it focuses primarily , but not exclusively , on national universal services and does not address regulatory oversight of parcel delivery service providers , transparency of tariffs and terminal rates for certain cross - border parcel delivery services , the assessment of the affordability of tariffs for certain cross - border parcel delivery services and transparent and non - discriminatory access to certain cross - border parcel delivery services and / or infrastructure . this regulation therefore complements , insofar as cross - border parcel delivery services are concerned , the rules set out in directive 97 / 67 / ec . _________________ 49 directive 97 / 67 / ec of the european parliament and of the council of 15 december 1997 on common rules for the development of the internal market of community postal services and the improvement of quality of service . ### currently , postal services are regulated by directive 97 / 67 / ec of the european parliament and of the council49 . that directive establishes common rules governing the provision of postal services and the universal postal service in the union . this regulation complements , insofar as cross - border parcel delivery services are concerned , the rules set out in directive 97 / 67 / ec . _________________ 49 directive 97 / 67 / ec of the european parliament and of the council of 15 december 1997 on common rules for the development of the internal market of community postal services and the improvement of quality of service .


### it is necessary that national regulatory authorities have knowledge and information for statistical purposes about parcel delivery service providers active on the market . however , in order to limit the administrative burden for small parcel delivery service providers who are only active on a national or regional market , a threshold should be applied , based on the number of persons working for the service provider and involved in the provision of parcel delivery services . ### it is necessary that national regulatory authorities have knowledge and information for statistical purposes about parcel delivery service providers active on the market . due to the labour intensive nature of the sector and in order to limit the administrative burden for small parcel delivery service providers or sub - contractors who are only active on a regional or domestic market , a threshold of 50 persons should be applied , based on the average number of persons working for the service provider over the previous calendar year and involved in the provision of parcel delivery services in the member state in which the provider is established , unless that provider is established in more than one member state .


### when providing information to the national regulatory authority , it should be taken into account that parcel delivery service providers may have already provided certain information to the same national regulatory authority . parcel delivery services are important for small and medium - sized enterprises and individuals and they should be able to compare easily between different providers . therefore , the services for which tariffs should be provided by universal service providers should be clearly defined . those tariffs should be published by the commission on a dedicated webpage and should , together with the confidential regular provision of the underlying terminal rates , constitute the basis for the national regulatory authorities to assess the affordability of tariffs for cross - border parcel delivery services . parcel delivery service providers other than universal service providers may voluntarily provide , in a comparable form , their national regulatory authority with the tariffs for the same items provided that such items are delivered at the home or the premises of the addressee . ### when providing information to the national regulatory authority , it should be taken into account that parcel delivery service providers may have already provided certain information to the same national regulatory authority . parcel delivery services are important for small and medium - sized enterprises and individuals and they should be able to compare easily between different providers . therefore , the services for which tariffs should be provided by universal service providers and all other cross - border parcel delivery services should be clearly defined . those tariffs should be published by the commission on a dedicated webpage and should , together with the confidential regular provision of the underlying terminal rates , constitute the basis for the national regulatory authorities to assess the affordability of tariffs for cross - border parcel delivery services .


### as markets for parcel delivery services are changing fast , the commission should re - assess the efficiency and effectiveness of this regulation and submit a regular report to the european parliament and the council . that report should be accompanied , where appropriate , by proposals for review to the european parliament and the council . ### as markets for parcel delivery services are changing fast , the commission should re - assess the efficiency and effectiveness of this regulation , taking into account developments in e - commerce , and submit a regular report to the european parliament and the council . that report should be accompanied , where appropriate , by proposals for review to the european parliament and the council .


### all parcel delivery service providers shall submit the following information to the national regulatory authority of the member state in which they are established : ### all parcel delivery service providers shall submit the following information to the national regulatory authority of the member state in which they are established unless the national regulatory authority has already requested and received such information :


### by 31 march of each calendar year , all parcel delivery service providers shall submit the following information to the national regulatory authority of the member state in which they are established : ### by 31 march of each calendar year , all parcel delivery service providers shall submit the following information to the national regulatory authority of the member state in which they are established unless the national regulatory authority has already requested and received such information :


### in case of any change concerning information referred to in the first subparagraph , parcel delivery service providers shall inform the national regulatory authority of this change within 30 days . ### in case of any change concerning information referred to in paragraph 1 , parcel delivery service providers shall inform the national regulatory authority of this change within 30 days . .


### the number of persons working for the provider and involved in the provision of parcel delivery services in the member state in which the provider is established in the previous calendar year ### the average number of persons working for the parcel delivery service provider over the previous calendar year involved in the provision of parcel delivery services in the member state in which that provider is established . the average number of persons shall include full - time , part - time , temporary employees and self - employed ;


### the commission shall , by means of an implementing act , establish a form for the submission of the information referred to in paragraph 1 of this article . those implementing acts shall be adopted in accordance with the examination procedure referred to in article 9 . ### [ by eight months after adoption ] , the commission shall , by means of an implementing act , establish a form for the submission of the information referred to in paragraphs 1 and 3 . this implementing act shall be adopted in accordance with the examination procedure referred to in article 9 .


### a parcel delivery service provider which employs fewer than 50 persons shall not be subject to the obligations under paragraph 1 and 2 , unless that provider is established in more than one member state . ### this article shall not apply to any parcel delivery service provider or sub - contractor which had on average fewer than 50 persons working for it and involved in the provision of parcel delivery services in the member state in which the provider is established over the previous calendar year , unless that provider is established in more than one member state . the average number of persons shall include full - time , part - time , temporary employees and self - employed .


### universal service providers providing parcel delivery services shall provide the national regulatory authority of the member state in which they are established with the public list of tariffs applicable on 1 january of each calendar year for the delivery of postal items falling within the categories listed in the annex . that information shall be provided by 31 january of each calendar year at the latest . ### all cross - border parcel delivery services , except subcontractors , shall provide the national regulatory authority of the member state where they are established with the public list of tariffs applicable on 1 january of each calendar year for the delivery of postal items falling within the categories listed in the annex . that information shall be provided by 31 january of each calendar year at the latest and shall be delivered in an electronic , machine - readable format .


### the supplier shall supply the digital content immediately after the conclusion of the contract , unless the parties have agreed otherwise . the supply shall be deemed to take place when the digital content is supplied to the consumer or , where point of paragraph 1 applies , to the third party chosen by the consumer , whichever is the earlier . ### the supplier shall supply the digital content immediately after the conclusion of the contract , unless the parties have agreed otherwise . the supply shall be deemed to take place when the agreed - upon digital content is supplied to the consumer or , where point of paragraph 1 applies , to the third party chosen by the consumer , whichever is the earlier .


### the commission shall , not later than on [ the date of five years after entry into force ] review the application of this directive and submit a report to the european parliament and the council . the report shall examine , inter alia , the case for harmonisation of rules applicable to contracts for the supply of digital content against counter - performance other than that covered by this directive , in particular supplied against advertisement or indirect collection of data . ### the commission shall , not later than on [ the date of five years after entry into force ] review the application of this directive and submit a report to the european parliament and the council . the report shall examine , inter alia , the interaction and compliance with the application of regulation 2016 / 679 , and the case for harmonisation of rules applicable to contracts for the supply of digital content against counter - performance other than that covered by this directive , in particular supplied against advertisement or indirect collection of data .


### in certain policy areas , breaches of union law may cause serious harm to the public interest , in the sense of creating significant risks for the welfare of society . where weaknesses of enforcement have been identified in those areas , and whistleblowers are in a privileged position to disclose breaches , it is necessary to enhance enforcement by ensuring effective protection of whistleblowers from retaliation and introducing effective reporting channels . ### in certain policy areas , breaches of union law may cause harm to the public interest , in the sense of creating significant risks for the welfare of society . where weaknesses of enforcement have been identified in those areas , and whistleblowers are in a privileged position to disclose breaches , it is necessary to enhance enforcement by ensuring effective protection of whistleblowers from retaliation and introducing effective and confidential reporting channels .


### accordingly , common minimum standards ensuring effective whistleblower protection should apply in those acts and policy areas where i ) there is a need to strengthen enforcement ; ii ) under - reporting by whistleblowers is a key factor affecting enforcement , and iii ) breaches of union law cause serious harm to the public interest . ### accordingly , common minimum legal standards ensuring effective whistleblower protection should apply in those acts and policy areas where i ) there is a need to strengthen enforcement ; ii ) under - reporting by whistleblowers is a key factor affecting enforcement , and iii ) breaches of union law cause harm to the public interest .


### evidence - gathering , detecting and addressing environmental crimes and unlawful conduct against the protection of the environment remain a challenge and need to be reinforced as acknowledged in the commission communication ' eu actions to improve environmental compliance and governance ' of 18 january 201840 . whilst whistleblower protection rules exist at present only in one sectorial instrument on environmental protection41 , the introduction of such protection appears necessary to ensure effective enforcement of the union environmental acquis , whose breaches can cause serious harm to the public interest with possible spill - over impacts across national borders . this is also relevant in cases where unsafe products can cause environmental harm . _________________ 40 com 10 final . 41 directive 2013 / 30 / eu of the european parliament and of the council , of 12 june 2013 , on safety of offshore oil and gas operations . ### evidence - gathering , detecting and addressing environmental crimes and unlawful conduct against the protection of the environment remain a challenge and need to be reinforced as acknowledged in the commission communication ' eu actions to improve environmental compliance and governance ' of 18 january 201840 . whilst whistleblower protection rules exist at present only in one sectorial instrument on environmental protection41 , the introduction of such protection appears necessary to ensure effective enforcement of the union environmental acquis , whose breaches can cause harm to the public interest with possible spill - over impacts across national borders . this is also relevant in cases where unsafe products can cause environmental harm . _________________ 40 com 10 final . 41 directive 2013 / 30 / eu of the european parliament and of the council , of 12 june 2013 , on safety of offshore oil and gas operations .


### the protection of privacy and personal data is another area where whistleblowers are in a privileged position to disclose breaches of union law which can seriously harm the public interest . similar considerations apply for breaches of the directive on the security of network and information systems45 , which introduces notification of incidents and security requirements for entities providing essential services across many sectors and providers of key digital services . whistleblowers ' reporting in this area is particularly valuable to prevent security incidents that would affect key economic and social activities and widely used digital services . it helps ensuring the continuity of services which are essential for the functioning of the internal market and the wellbeing of society . _________________ 45 directive 2016 / 1148 of the european parliament and of the council of 6 july 2016 concerning measures for a high common level of security of network and information systems across the union . ### the protection of privacy and personal data is another area where whistleblowers are in a privileged position to disclose breaches of union law which can harm the public interest . similar considerations apply for breaches of the directive on the security of network and information systems45 , which introduces notification of incidents and security requirements for entities providing essential services across many sectors and providers of key digital services . whistleblowers ' reporting in this area is particularly valuable to prevent security incidents that would affect key economic and social activities and widely used digital services . it helps ensuring the continuity of services which are essential for the functioning of the internal market and the wellbeing of society . _________________ 45 directive 2016 / 1148 of the european parliament and of the council of 6 july 2016 concerning measures for a high common level of security of network and information systems across the union .


### effective detection and prevention of serious harm to the public interest requires that the information reported which qualifies for protection covers not only unlawful activities but also abuse of law , namely acts or omissions which do not appear to be unlawful in formal terms but defeat the object or the purpose of the law . ### effective detection and prevention of harm to the public interest requires that the information reported which qualifies for protection covers not only unlawful activities but also abuse of law , namely acts or omissions which do not appear to be unlawful in formal terms but defeat the object or the purpose of the law .


### it is for the member states to identify the authorities competent to receive and give appropriate follow up to the reports on breaches falling within the scope of this directive . these may be regulatory or supervisory bodies in the areas concerned , law enforcement agencies , anti - corruption bodies and ombudsmen . the authorities designated as competent shall have the necessary capacities and powers to assess the accuracy of the allegations made in the report and to address the breaches reported , including by launching an investigation , prosecution or action for recovery of funds , or other appropriate remedial action , in accordance with their mandate . ### it is for the member states to identify the authorities competent to receive and give appropriate follow up to the reports on breaches falling within the scope of this directive . these may be regulatory or supervisory bodies in the areas concerned , law enforcement agencies , anti - corruption bodies and ombudsmen . the authorities designated as competent shall have the necessary capacities and powers to assess the accuracy of the allegations made in the report and to address the breaches reported , including by launching an investigation , prosecution or action for recovery of funds , or other appropriate remedial action , in accordance with their mandate . the staff serving in those agencies shall be specialised and have proper training and formation .


### the conditions under which reporting persons qualify for protection under this directive ; ### the conditions under which reporting persons and / or intermediators qualify for protection under this directive ;


### throughout the economic and financial crisis , the union has made efforts to promote growth , in particular through initiatives set out in the europe 2020 strategy that put in place an approach for smart , sustainable and inclusive growth . the european investment bank has also strengthened its role in instigating and promoting investment within the union , partly by way of an increase in capital in january 2013 . further action is required to ensure that the investment needs of the union are addressed and that the liquidity available on the market is used efficiently and channelled towards the funding of viable investment projects . ### throughout the economic and financial crisis , the union has made efforts to promote growth , in particular through initiatives set out in the europe 2020 strategy that put in place an approach for smart , sustainable and inclusive growth , through the european semester for economic policy coordination . the european investment bank has also strengthened its role in instigating and promoting investment within the union , partly by way of an increase in capital in january 2013 . further action is required to ensure that the investment needs of the union are addressed and that the liquidity available on the market is used efficiently and channelled towards the funding of viable investment projects .


### on 15 july 2014 , the then president - elect of the european commission presented a set of political guidelines for the european commission to the european parliament . these political guidelines called for the mobilisation of ‘ up to eur 300 billion in additional public and private investment in the real economy over the next three years’ to stimulate investment for the purpose of job creation . ### on 15 july 2014 , the then president - elect of the european commission presented a set of political guidelines for the european commission to the european parliament . these political guidelines called for an energy union , a connected digital single market , and the mobilisation of ‘ up to eur 300 billion in additional public and private investment in the real economy over the next three years’ to stimulate investment for the purpose of job creation .


### the investment environment within the union should be improved by removing barriers to investment , reinforcing the single market and by enhancing regulatory predictability . the work of the efsi , and investments across europe generally , should benefit from this accompanying work . ### the investment environment within the union should be improved by removing barriers to investment , reinforcing the single market , in particular in energy , digital , and capital markets , by enhancing regulatory predictability and promoting a mentality shift towards a risk - taking culture . the work of the efsi , and investments across europe generally , should benefit from this accompanying work .


### in accordance with the treaty on the functioning of the european union , infrastructure and project investments supported under efsi should be consistent with state aid rules . to that end , the commission has announced that it will formulate a set of core principles , for the purpose of state aid assessments , which a project will have to meet to be eligible for support under the efsi . if a project meets these criteria and receives support from the efsi , the commission has announced that any national complementary support , will be assessed under a simplified and accelerated state aid assessment whereby the only additional issue to be verified by the commission will be the proportionality of public support . the commission has also announced that it will provide further guidance on the set of core principles with a view to ensuring an efficient use of public funds . ### in accordance with the treaty on the functioning of the european union , infrastructure and project investments supported under efsi should comply with state aid rules . to that end , the commission has announced that it will formulate a set of core principles , for the purpose of state aid assessments , which a project will have to meet to be eligible for support under the efsi . if a project meets these criteria and receives support from the efsi , the commission has announced that any national complementary support , will be assessed under a simplified and accelerated state aid assessment whereby the only additional issue to be verified by the commission will be the proportionality of public support . the commission has also announced that it will provide further guidance on the set of core principles with a view to ensuring an efficient use of public funds .


### the commission shall conclude an agreement with the european investment bank on the establishment of a european fund for strategic investments . ### the commission shall be empowered to adopt delegated acts in accordance with article 20a concerning an agreement with the european investment bank on the establishment of a european fund for strategic investments .


### the purpose of the efsi shall be to support investments in the union and to ensure increased access to financing for companies having up to 3000 employees , with a particular focus on small and medium enterprises , through the supply of risk bearing capacity to the eib . ### the purpose of the efsi shall be to support investments that create growth and jobs in the union and to ensure increased access to financing for companies having up to 3000 employees , with a particular focus on small and medium enterprises , through the supply of risk bearing capacity to the eib .


### the efsi agreement shall provide for the creation of a european investment advisory hub within the eib . the eiah shall have as its objective to build upon existing eib and commission advisory services in order to provide advisory support for investment project identification , preparation and development and act as a single technical advisory hub for project financing within the union . this shall include support on the use of technical assistance for project structuring , use of innovative financial instruments , use of public - private partnerships and advice , as appropriate , on relevant issues of eu legislation . ### the efsi agreement shall provide for the creation of a european investment advisory hub within the eib . the eiah shall have as its objective to build upon existing eib and commission advisory services in order to provide advisory support for investment project identification , preparation and development and act as a single technical advisory hub for project financing within the union . this shall include support on the use of technical assistance for project structuring , use of innovative financial instruments , use of public - private partnerships and advice , as appropriate , on relevant issues of eu legislation . particular focus should be given to information to , and support for , innovative entrepreneurs .


### the investment committee shall be composed of six independent experts and the managing director . independent experts shall have a high level of relevant market experience in project finance and be appointed by the steering board for a renewable fixed term of three years . ### the investment committee shall be composed of six independent experts and the managing director . independent experts shall have a high level of relevant market experience in project structuring and project financing . the investment committee shall have expertise in different sectors , with a particular focus on research and development , energy , ict and transport . it shall be appointed by the steering board for a renewable fixed term of three years .


### the eu guarantee shall be granted for eib financing and investment operations approved by the investment committee referred to in article 3 or funding to the eif in order to conduct eib financing and investment operations in accordance with article 7 . the operations concerned shall be consistent with union policies and support any of the following general objectives : ### the eu guarantee shall be granted for eib financing and investment operations approved by the investment committee referred to in article 3 or funding to the eif in order to conduct eib financing and investment operations in accordance with article 7 . the investment operations concerned shall be complementary to existing eu programmes , bring eu added value , be consistent with union policies and support any of the following general objectives :


### the commission and the eib , with support from the member states , shall promote the creation of a transparent pipeline of current and potential future investment projects in the union . the pipeline is without prejudice to the final projects selected for support according to article 3 . ### the commission and the eib , with support from the member states , regional and local authorities shall promote the creation of a transparent pipeline of current and potential future investment projects in the union . the pipeline is without prejudice to the final projects selected for support according to article 3 .


### member states shall develop , update and disseminate , on a regular and structured basis , information on current and future investment projects in their territory . ### member states and regional and local authorities shall develop , update and disseminate , on a regular and structured basis , information on current and future investment projects in their territory .


### the eib shall notify olaf promptly and provide it with the necessary information when , at any stage of the preparation , implementation or closure of operations subject to the eu guarantee , it has grounds to suspect that there is a potential case of fraud , corruption , money laundering or other illegal activity that may affect the financial interests of the union . ### the eib shall notify olaf promptly and provide it with the necessary information when , at any stage of the preparation , implementation or closure of operations subject to the eu guarantee , it has grounds to suspect that there is a potential case of conflict of interests , fraud , corruption , money laundering or other illegal activity that may affect the financial interests of the union .


### the activities covered by this directive should concern the regulated professions falling within the scope of directive 2005 / 36 / ec . this directive should apply in addition to directive 2005 / 36 / ec and without prejudice to other provisions laid down in a separate union act concerning access to , and the exercise of a given regulated profession . ### the activities covered by this directive should concern the legislative , regulatory or administrative provisions of member states restricting the access to or pursuit of service activities , including in particular the activities of the regulated professions falling within the scope of directive 2005 / 36 / ec . this directive should apply in addition to directive 2005 / 36 / ec and without prejudice to other provisions laid down in a separate union act concerning access to , and the exercise of a given service activity or a regulated profession .


### it is appropriate to monitor the proportionality of the provisions restricting access to or pursuit of regulated professions on a regular basis and with a frequency appropriate to the regulation concerned . a review of the proportionality of restrictive national legislation in the area of regulated professions should be based not only on the objective of that legislation at the time of its adoption , but also on the effects of the legislation , assessed after its adoption . the assessment of the proportionality of the national legislation should be based on developments found to have occurred in the area since the legislation was adopted . ### it is appropriate to monitor the proportionality of the provisions restricting the access to or pursuit of service activities , including the activities of regulated professions , on a regular basis and with a frequency appropriate to the regulation concerned . a review of the proportionality of restrictive national legislation in the area of regulated service activities , and in particular the activities of regulated professions , should be based not only on the objective of that legislation at the time of its adoption , but also on the effects of the legislation , assessed after its adoption . the assessment of the proportionality of the national legislation should be based on developments found to have occurred in the area since the legislation was adopted .


### where a member state intends to regulate a profession or to amend existing rules , account should be taken of the nature of the risks related to the public interest objectives pursued , in particular the risks to consumers , to professionals or third parties . it should also be borne in mind that , in the field of professional services , there is usually an asymmetry of information between consumers and professionals . professionals display a high level of technical knowledge which consumers may not have and consumers therefore find it difficult to judge the quality of the services provided to them . ### where a member state intends to regulate a service activity , and in particular the access to or pursuit of a profession , or to amend existing rules , account should be taken of the nature of the risks related to the public interest objectives pursued , in particular the risks to consumers , to professionals or third parties . it should also be borne in mind that , in the field of professional services , there is usually an asymmetry of information between consumers and professionals . professionals display a high level of technical knowledge which consumers may not have and consumers therefore find it difficult to judge the quality of the services provided to them .


### among the elements to be taken into account by national authorities , the following are of most relevance : the link between the scope of professional activities covered by a profession and the professional qualification required ; the complexity of the tasks in particular as regards the level , the nature and the duration of the training or experience required ; the existence of different routes to obtain the professional qualification ; the scope of the professional activities , reserved to holders of a particular professional qualification , and in particular whether the activities reserved to certain professionals can be shared with other professionals ; the degree of autonomy in exercising a regulated profession in particular where the activities relating to a regulated profession are pursued under the control and responsibility of a duly qualified professional . ### among the elements to be taken into account by national authorities , the following are of most relevance when assessing the requirements falling within the scope of directive 2005 / 36 / ec : the link between the scope of professional activities covered by a profession and the professional qualification required ; the complexity of the tasks in particular as regards the level , the nature and the duration of the training or experience required ; the existence of different routes to obtain the professional qualification ; the scope of the professional activities , reserved to holders of a particular professional qualification , and in particular whether the activities reserved to certain professionals can be shared with other professionals ; the degree of autonomy in exercising a regulated profession in particular where the activities relating to a regulated profession are pursued under the control and responsibility of a duly qualified professional .


### the national authorities should carry out a global assessment of the circumstances in which the restrictive measure is adopted and implemented and examine in particular the cumulative effect of imposing several requirements in addition to the specific professional qualification . the taking - up and pursuit of certain activities may be conditional on complying with certain provisions such as rules relating to the organisation of the profession , compulsory membership of a professional body , professional ethics , supervision and liability . therefore , when assessing the cumulative effect of the measures , the competent authorities should also take into account other existing requirements , such as continuous professional development , compulsory chamber membership , registration or authorisation schemes , quantitative restrictions , specific legal form requirements and shareholding requirements , territorial restrictions , multidisciplinary restrictions and incompatibility rules , requirements concerning insurance cover as well as language knowledge requirements , to the extent necessary to practise the profession . a measure introduced by a member state cannot be regarded as necessary to achieve the objective pursued if it essentially duplicates requirements which have already been introduced in the context of other rules or procedures . ### the national authorities should carry out a global assessment of the circumstances in which the restrictive measure is adopted and implemented and examine in particular the cumulative effect of imposing several requirements . the taking - up and pursuit of certain activities may be conditional on complying with certain provisions such as rules relating to the organisation of the profession , compulsory membership of a professional body , professional ethics , supervision and liability . therefore , when assessing the cumulative effect of the measures , the competent authorities should also take into account other existing requirements , such as continuous professional development , compulsory chamber membership , registration or authorisation schemes , quantitative restrictions , specific legal form requirements and shareholding requirements , territorial restrictions , multidisciplinary restrictions and incompatibility rules , requirements concerning insurance cover , language knowledge requirements , authorisation schemes , restrictions on advertising as well as mandatory tariff requirements , to the extent necessary to exercise service activities or practise the profession . a measure introduced by a member state cannot be regarded as necessary to achieve the objective pursued if it essentially duplicates requirements which have already been introduced in the context of other rules or procedures .


### to facilitate the exchange of best practices , each member state should encourage the relevant competent authorities to share adequate and regularly updated information with other member states on the regulation of professions . ### to facilitate the exchange of best practices , each member state should encourage the relevant competent authorities to share adequate and regularly updated information with other member states on the regulation of services and professions .


### since the objectives of this directive , namely the removal of disproportionate restrictions on access to or pursuit of regulated professions cannot be sufficiently achieved by the member states but can rather , by reason of the scale of the action , be better achieved at union level , the union may adopt measures , in accordance with the principle of subsidiarity as set out in article 5 of the treaty on european union . in accordance with the principle of proportionality , as set out in that article , this directive does not go beyond what is necessary in order to achieve those objectives , ### since the objectives of this directive , namely the removal of disproportionate restrictions on access to or pursuit of service activities , and in particular the activities of regulated professions , cannot be sufficiently achieved by the member states but can rather , by reason of the scale of the action , be better achieved at union level , the union may adopt measures , in accordance with the principle of subsidiarity as set out in article 5 of the treaty on european union . in accordance with the principle of proportionality , as set out in that article , this directive does not go beyond what is necessary in order to achieve those objectives ,


### this directive shall apply to requirements under the legal systems of the member states restricting access to a regulated profession or its pursuit , or one of its modes of pursuit , including the use of professional titles and the professional activities allowed under such title , falling within the scope of directive 2005 / 36 / ec . ### this directive shall apply to requirements under the legal systems of the member states restricting access to or exercise of service activities , and in particular requirements restricting the access to a regulated profession or its pursuit , or one of its modes of pursuit , including the use of professional titles and the professional activities allowed under such title , falling within the scope of directive 2005 / 36 / ec . article 9 of this directive shall apply to requirements falling within the scope of directive 2005 / 36 / ec .


### where specific arrangements concerning the regulation of a given profession are established in a separate union act , the corresponding provisions of this directive shall not apply . ### where specific arrangements concerning regulation of a service activity or a given profession are established in a separate union act , the corresponding provisions of this directive shall not apply .


### member states shall ensure that before introducing new legislative , regulatory or administrative provisions restricting access to or pursuit of regulated professions , or amending existing ones , the relevant competent authorities undertake an assessment of their proportionality in accordance with the rules laid down in this directive . ### member states shall ensure that before introducing new , or amending existing , legislative , regulatory or administrative provisions restricting access to or pursuit of service activities , including in particular the activities of regulated professions , the relevant competent authorities undertake an assessment of their proportionality in accordance with the rules laid down in this directive .


### member states shall monitor the proportionality of legislative , regulatory or administrative provisions restricting access to or pursuit of regulated professions on a regular basis and with a frequency appropriate to the regulation concerned , having due regard to any developments that have occurred since the measure concerned was adopted . ### member states shall monitor the proportionality of legislative , regulatory or administrative provisions restricting access to or pursuit of service activities , and in particular the activities of regulated professions , on a regular basis and with a frequency appropriate to the regulation concerned , having due regard to any developments that have occurred since the measure concerned was adopted .


### member states shall ensure that legislative , regulatory or administrative provisions restricting access to or pursuit of regulated professions they intend to introduce and amendments they intend to make to existing provisions are justified by public interest objectives . ### member states shall ensure that legislative , regulatory or administrative provisions restricting access to or pursuit of service activities , and in particular the activities of regulated professions , they intend to introduce and amendments they intend to make to existing provisions are justified by public interest objectives . where those provisions introduce substantive changes to the regulation of a service activity or the profession concerned , member states shall also review whether the existing regulation that is not being amended remains justified by its underlying public interest objectives .


### before introducing new legislative , regulatory or administrative provisions restricting access to or pursuit of regulated professions , or amending existing ones , member states shall assess whether those provisions are necessary and suitable for securing the attainment of the objective pursued and do not go beyond what is necessary to attain that objective . ### before introducing new , or amending existing , legislative , regulatory or administrative provisions restricting access to or pursuit of service activities , including the activities of regulated professions , member states shall assess whether those provisions are necessary and suitable for securing the attainment of the objective pursued and do not go beyond what is necessary to attain that objective . where those provisions introduce substantive changes to the regulation of a services activity or the profession concerned , member states shall also assess the proportionality of the existing regulation .


### for the purposes of paragraph 2 , the relevant competent authorities shall assess in particular the cumulative effect of imposing any of the following requirements : ### for the purposes of point of paragraph 2 , the relevant competent authorities shall assess in particular the cumulative effect of imposing any of the following requirements :


### language knowledge requirements , to the extent necessary to practise the profession . ### language knowledge requirements , to the extent necessary to practise the profession ;


### member states shall , by appropriate means , inform citizens , service recipients , representative associations and relevant stakeholders other than the members of the profession before introducing new legislative , regulatory or administrative provisions restricting access to or pursuit of regulated professions , or amending existing ones , and give them the opportunity to make known their views . ### member states shall , by appropriate means , consult citizens , service recipients , representative associations and relevant stakeholders other than the members of the profession before introducing new , or amending existing , legislative , regulatory or administrative provisions restricting access to or pursuit of services activities , including activities of regulated professions , or amending existing ones , and take account of their views .


### costs incurred in connection with the integration of the existing national infrastructures and their connection to the national uniform interfaces as well as in connection with hosting the national uniform interfaces shall be borne by the general budget of the union . ### costs incurred in connection with the integration of the existing national infrastructures and their connection to the national uniform interfaces as well as in connection with hosting and future developments of the national uniform interfaces shall be borne by the general budget of the union .


### for the purposes of article 13 and article 30 of this directive , the indication of ownership or control set out in the second paragraph is reduced to 10% whenever the legal entity is a passive non - financial entity as defined in directive 2011 / 16 / eu ; ### for the purposes of article 13 and article 30 of this directive , the indication of ownership or control set out in the second subparagraph is reduced to 10%” ;


### for the purposes of article 13 and article 30 of this directive , the indication of ownership or control set out in the second paragraph is reduced to 10% whenever the legal entity is a passive non - financial entity as defined in directive 2011 / 16 / eu . ; ### for the purposes of article 13 and article 30 of this directive , the indication of ownership or control set out in the second subparagraph is reduced to 10% . ;


### ' 4 . member states shall require that the information held in the central register referred to in paragraph 3 is adequate , accurate and current . ' ### paragraph 4 is replaced by the following : ' 4 . member states shall require that the information held in the central register referred to in paragraph 3 is adequate , accurate and current over time . member states shall put in place mechanisms to ensure the information in the register is verified on a regular basis . obliged entities shall report any discrepancy they find between the beneficial ownership information contained in the central registers and the beneficial ownership information collected when performing their due diligence procedures . '


### in exceptional circumstances to be laid down in national law , where the access referred to in point of paragraph 5 would expose the beneficial owner to the risk of fraud , kidnapping , blackmail , violence or intimidation , or where the beneficial owner is a minor or otherwise incapable , member states may provide for an exemption from such access to all or part of the information on the beneficial ownership on a case - by - case basis . ### in exceptional circumstances to be laid down in national law , where the access referred to in point of paragraph 5 and paragraph 5a would expose the beneficial owner to the risk of fraud , kidnapping , blackmail , violence or intimidation , or where the beneficial owner is a minor or otherwise incapable , member states may provide for an exemption from such access to all or part of the information on the beneficial ownership on a case - by - case basis . exemptions shall be reassessed at regular intervals not exceeding 12 months to avoid abuse . when an exemption is granted , this has to be clearly indicated in the register .


### health technology assessment is an evidence - based process that allows competent authorities to determine the relative effectiveness of new or existing technologies . hta focuses specifically on the added value of a health technology in comparison with other new or existing health technologies . ### test health technology assessment is an evidence - based process that allows competent authorities to determine the relative effectiveness of new or existing technologies . hta focuses specifically on the added value of a health technology in comparison with other new or existing health technologies .


### in order to ensure a member - state led approach to joint clinical assessments and scientific consultations , member states should designate national hta authorities and bodies which inform decision - making as members of the coordination group . the designated authorities and bodies should ensure an appropriately high level of representation in the coordination group and technical expertise in its sub - groups , taking into account the need to provide expertise on the hta of medicinal products and medical devices . ### in order to ensure a member - state led approach to joint clinical assessments and scientific consultations , member states should designate national hta authorities and bodies which inform decision - making as members of the coordination group . the designated authorities and bodies should ensure an appropriately high level of representation in the coordination group and technical expertise in its sub - groups , taking into account the need to provide expertise on the hta of medicinal products .


### in order that the harmonised procedures fulfil their internal market objective , member states should be required to take full account of the results of joint clinical assessments and not repeat those assessments . compliance with this obligation does not prevent member states from carrying out non - clinical assessments on the same health technology , or from drawing conclusions on the added value of the technologies concerned as part of national appraisal processes which may consider clinical as well as non - clinical data and criteria . it also does not prevent member states from forming their own recommendations or decisions on pricing or reimbursement . ### in order that the harmonised procedures fulfil their internal market objective , member states should be required to take full account of the results of joint clinical assessments and not repeat those assessments . compliance with this obligation does not prevent member states from carrying out additional clinical analyses to the extent that they are missing from the joint clinical assessment and are deemed necessary within the national health technology assessment context . member states remain free to carry out non - clinical assessments on the same health technology , or from drawing conclusions on the added value of the technologies concerned as part of national appraisal processes which may consider clinical as well as non - clinical data and criteria . it also does not prevent member states from forming their own recommendations or decisions on pricing or reimbursement .


### in the preparation of the study , the coordination group shall consult : ### in the preparation of the study , the coordination group shall be conscious of breakthrough innovation and seek the input of all relevant stakeholders with the aim of exploring new possibilities in innovation . the coordination group shall consult all relevant stakeholders , including but not limited to :


### the provision of additional evidence necessary to support health technology assessments . ### the provision of additional evidence necessary to support health technology assessments , including computer modeling and simulation data .


### methodologies used to formulate the contents and design of clinical assessments . ### methodologies used to formulate the contents and design of clinical assessments , based on the common tools and methodologies for cooperation developed after many years of cooperation through eunethta joint actions , beneluxa and valletta .


### facilitate cooperation with the european medicines agency on the joint work on medicinal products including the sharing of confidential information ; ### facilitate cooperation with the european medicines agency on the joint work on medicinal products including the sharing of confidential information ; the sharing of confidential information needs to be proportionate to and aligned with the requirements for the joint clinical assessments and be discussed and agreed by the health technology developer or other relevant stakeholders ;


### the common fisheries policy should contribute to the protection of the marine environment , to the sustainable management of all commercially exploited species , and in particular to the achievement of good environmental status in the marine environment by 2020 in accordance with article 1 of directive 2008 / 56 / ec of the european parliament and of the council . 40 _________________ 40 directive 2008 / 56 / ec of the european parliament and of the council of 17 june 2008 establishing a framework for community action in the field of marine environmental policy . ### the common fisheries policy should contribute to the protection of the marine environment , to the sustainable management of all commercially exploited species , and in particular to the achievement of good environmental status in the marine environment by 2020 in accordance with article 1 of directive 2008 / 56 / ec of the european parliament and of the council40 , and favourable conservation status for species and habitats in accordance with council directive 92 / 43 / eec40a and directive 2009 / 147 / ec of the european parliament and of the council40b . _________________ 40 directive 2008 / 56 / ec of the european parliament and of the council of 17 june 2008 establishing a framework for community action in the field of marine environmental policy . 40a council directive 92 / 43 / eec of 21 may 1992 on the conservation of natural habitats and of wild fauna and flora . 40b directive 2009 / 147 / ec of the european parliament and of the council of 30 november 2009 on the conservation of wild birds .


### the objective of the multiannual plan should be to contribute to achieving the objectives of the cfp , and especially reaching and maintaining msy for the stocks concerned , achieving a sustainable fisheries sector and providing an effective management framework . ### the objective of the multiannual plan should be to achieve the objectives of the cfp , and especially restoring and maintaining above levels of biomass capable of producing msy for all populations of fish stocks , implementing the landing obligation , achieving a sustainable fisheries sector and providing an effective management framework .


### article 16 of regulation no 1380 / 2013 requires that fishing opportunities be fixed in accordance with the targets set out in the multiannual plans . ### article 16 of regulation no 1380 / 2013 requires that fishing opportunities be fixed in accordance with the objectives set out in article 2 thereof and comply with the targets , time frames and margins the targets set out in the multiannual plans .


### it is appropriate to establish the target fishing mortality that corresponds to the objective of reaching and maintaining msy as ranges of values which are consistent with achieving maximum sustainable yield . those ranges , based on scientific advice , are necessary in order to provide flexibility to take account of developments in the scientific advice , to contribute to the implementation of the landing obligation and to take into account the characteristics of mixed fisheries . the fmsy ranges have been calculated by the scientific , technical and economic committee for fisheries and are derived to deliver no more than a 5 % reduction in long - term yield compared to msy . 45 in addition , the upper limit of the range is capped , so that the probability of the stock falling below blim is no more than 5 % . _________________ 45 scientific , technical and economic committee for fisheries – small pelagic stocks in the adriatic sea . mediterranean assessments part 1 . 2015 . [ publications office of the european union , luxembourg , eur 27492 en , jrc 97707 , 52 pp . ] [ the second part of this reference seems to be mistaken . opoce , please check . ] ### it is appropriate to establish the target fishing mortality that corresponds to the objective of reaching and maintaining msy as ranges of values which are consistent with achieving maximum sustainable yield . those ranges , based on scientific advice , are necessary in order to provide flexibility to take account of developments in the best available scientific advice , to contribute to the implementation of the landing obligation and to take into account the characteristics of mixed fisheries . the fmsy ranges have been calculated by the scientific , technical and economic committee for fisheries and are derived to deliver no more than a 5 % reduction in long - term yield compared to msy . 45 in addition , the upper limit of the range is capped , so that the probability of the stock falling below blim is no more than 5 % . _________________ 45 scientific , technical and economic committee for fisheries – small pelagic stocks in the adriatic sea . mediterranean assessments part 1 . 2015 . [ publications office of the european union , luxembourg , eur 27492 en , jrc 97707 , 52 pp . ] [ the second part of this reference seems to be mistaken . opoce , please check . ]


### for stocks for which they are available and for the purpose of the application of safeguard measures , it is necessary to establish conservation reference points expressed as msy btrigger and blim for anchovy and sardine stocks . should the stocks fall below msy btrigger , fishing mortality should be reduced below fmsy . ### for stocks for which they are available and for the purpose of the application of safeguard measures , it is necessary to establish conservation reference points expressed as msy btrigger and blim for anchovy and sardine stocks following best available scientific advice . should the stocks fall below msy btrigger , fishing mortality should be reduced below msy flower .


### further safeguard measures should be implemented in case the stock size falls below the blim reference point . safeguard measures should include the reduction of fishing opportunities and specific conservation measures when scientific advice indicates that a stock is under threat . those measures should be supplemented by other measures , as appropriate , such as commission measures in accordance with article 12 of regulation no 1380 / 2013 or member states measures in accordance with article 13 of regulation no 1380 / 2013 . ### further safeguard measures should urgently be implemented in case the stock size falls below the blim reference point . safeguard measures should include the reduction of fishing opportunities and specific conservation measures when best available scientific advice indicates that a stock is under threat . those measures should be supplemented by other measures , as appropriate , such as commission measures in accordance with article 12 of regulation no 1380 / 2013 or member states measures in accordance with article 13 of regulation no 1380 / 2013 .


### in order to enable the implementation of the landing obligation established by article 15 of regulation no 1380 / 2013 , the plan should provide for additional management measures . such measures should be laid down by means of delegated acts . ### in order to ensure the implementation of and full compliance with the landing obligation established by article 15 of regulation no 1380 / 2013 , the plan should provide for additional management measures and other conservation measures , in particular measures to gradually eliminate discards or to minimise the negative impact of fishing on the ecosystem , taking into account the best available scientific advice . such measures should be laid down by means of delegated acts .


### in accordance with article 10 of regulation no 1380 / 2013 , provisions should be established for the periodical assessment by the commission of the adequacy and effectiveness of the application of this regulation . such assessment should follow and be based on a periodic evaluation of the plan that is based on scientific advice . the plan should be evaluated every five years . this period allows for the full implementation of the landing obligation , and for regionalised measures to be adopted , implemented and to show effects on the stocks and fishery . it is also a minimum required period by scientific bodies . ### in accordance with article 10 of regulation no 1380 / 2013 , provisions should be established for the periodical assessment by the commission of the adequacy and effectiveness of the application of this regulation . such assessment should follow and be based on a periodic evaluation of the plan that is based on scientific advice . the plan should be evaluated three years after the entry into force of this regulation and every five years thereafter . this period allows for the full implementation of the landing obligation , and for regionalised measures to be adopted , implemented and to show effects on the stocks and fishery . it is also a minimum required period by scientific bodies .


### this regulation shall apply to the stocks of anchovy and sardine in the adriatic sea and for the fisheries exploiting these stocks . it shall apply also to by - catches of mackerel and horse mackerel in the adriatic sea caught when fishing for either or both of the stocks concerned . ### this regulation shall apply to the stocks of anchovy and sardine in the adriatic sea and for the fisheries exploiting these stocks . it shall apply also to all by - catches .


### the multiannual plan shall contribute to the achievement of the objectives of the common fisheries policy listed in article 2 of regulation no 1380 / 2013 , in particular by applying the precautionary approach to fisheries management , and shall aim to ensure that exploitation of living marine biological resources restores and maintains populations of harvested species above levels which can produce msy . ### the multiannual plan shall contribute to the achievement of all&#160 ; the objectives of the common fisheries policy listed in article 2 of regulation no 1380 / 2013 .


### notwithstanding paragraphs 1 and 2 , fishing opportunities may be fixed at levels corresponding to lower levels of fishing mortality than those set out in annex i , column a . ### notwithstanding paragraph 2 , fishing opportunities may be fixed at levels corresponding to lower levels of fishing mortality than those set out in paragraph 2 .


### when scientific advice indicates that the spawning stock biomass of either of the stocks concerned is below the limit spawning stock biomass reference point as set out in annex ii , column b to this regulation , further remedial measures shall be taken to ensure the rapid return of the stock concerned to levels above the level capable of producing msy . in particular , those remedial measures may include , by way of derogation from article 4 , paragraphs 2 and 4 , suspending the targeted fishery for the stock concerned and the adequate reduction of fishing opportunities . ### when the best available scientific advice indicates that the spawning stock biomass of either of the stocks concerned is below the limit spawning stock biomass reference point , further remedial measures shall be taken to ensure the rapid return of the stock concerned to levels above the level capable of producing msy . in particular , those remedial measures may include , by way of derogation from article 4 , paragraphs 2 and 4 , suspending the targeted fishery for the stock concerned and the adequate reduction of fishing opportunities .


### when scientific advice indicates that remedial action is required for the conservation of the small pelagic stocks referred to in article 1 of this regulation , or , in the case of anchovy and sardine , when the spawning biomass of either of these stocks for a given year is below the conservation reference points set out in annex ii , column a to this regulation , the commission is empowered to adopt delegated acts in accordance with article 16 of this regulation and article 18 of regulation no1380 / 2013 regarding : ### when the best available scientific advice indicates that remedial action is required for the conservation of the small pelagic stocks referred to in article 1 of this regulation , or , in the case of anchovy and sardine , when the spawning biomass of either of these stocks for a given year is below the msy btrigger conservation reference points , the commission is empowered to adopt delegated acts in accordance with article 16 of this regulation and article 18 of regulation no1380 / 2013 regarding :


### exemptions from the application of the landing obligation for species for which scientific evidence demonstrates high survival rates , taking into account the characteristics of the gear , the fishing practices and the ecosystem , to facilitate the implementation of the landing obligation ; and ### exemptions from the application of the landing obligation for species for which beast available scientific advice demonstrates high survival rates , taking into account the characteristics of the gear , the fishing practices and the ecosystem , to facilitate the implementation of the landing obligation ; and


### it shall consult the european border and coast guard agency on the draft programmes with a specific emphasis on the activities included under operating support in line with article 3 to ensure consistency and complementarity of the actions of the agency and those of the member states regarding border management as well as to avoid double financing and to achieve cost efficiency . ### the commission shall consult the european border and coast guard agency on the draft programmes with a specific emphasis on the activities included under operating support in line with article 3 to ensure consistency and complementarity of the actions of the agency and those of the member states regarding border management as well as to avoid double financing and to achieve cost efficiency .


### members of the management board and their alternates shall be appointed in light of their knowledge in the field of health and safety at work , taking into account relevant managerial , administrative and budgetary skills . all parties represented in the management board shall make efforts to ensure a balanced representation of men and women and to limit turnover of their representatives , in order to guarantee continuity of the board ' s work . ### members of the management board and their alternates shall have appropriate knowledge in the field of health and safety as well as relevant managerial , administrative and budgetary skills . all parties represented in the management board shall make efforts to ensure a balanced representation of men and women and to limit turnover of their representatives , in order to guarantee continuity of the board ' s work .


### the term of office of members of the executive board shall be two years . that term shall be extendable . the term of office of members of the executive board shall end when their membership of the management board ends . ### the term of office of members of the executive board shall be two years . that term shall be renewable . the term of office of members of the executive board shall end when their membership of the management board ends


### the executive director may be removed from office only upon a decision of the management board acting on a proposal from the commission . ### in the event of misconduct , unsatisfactory performance or recurring or serious irregularities , the executive director may be removed from office only upon a decision of the management board acting on a proposal , based on a reasoned assessment , from the commission .


### small farms remain a cornerstone of union agriculture as they play a vital role in supporting rural employment and contribute to territorial development . in order to promote a more balanced distribution of support and to reduce administrative burden for beneficiaries of small amounts , member states should have the option of offering to small farmers the possibility of replacing the other direct payments by providing a round some payment for small farmers . ### small farms and family farms remain a cornerstone of union agriculture as they play a vital role in supporting rural employment and contribute to territorial development . in order to promote a more balanced distribution of support and to reduce administrative burden for beneficiaries of small amounts , member states should have the option of offering to small farmers the possibility of replacing the other direct payments by providing a round some payment for small farmers .


### in order to ensure a fair income and a resilient agricultural sector across the union territory , member states may grant support to farmers in areas facing natural and other area - specific constraints . as regards payments for anc , the designation of the 2014 - 2020 rural development policy should continue to apply . for the cap to deliver enhanced union added on the environment and reinforce its synergies with the financing of investments in nature and biodiversity , it is necessary to keep a separate measure aiming at compensating beneficiaries for disadvantages related to the implementation of natura 2000 and water framework directives . support should therefore continue to be granted to farmers and forest holders to help address specific disadvantages resulting from the implementation of directive 2009 / 147 / ec and directive 92 / 43 / eec and in order to contribute to the effective management of natura 2000 sites . support should also be made available to farmers to help address disadvantages in river basin areas resulting from the implementation of the water framework directive . support should be linked to specific requirements described in the cap strategic plans that go beyond relevant mandatory standards and requirements . member states should also ensure that payments to farmers do not lead to double funding with eco schemes . furthermore , the specific needs of natura 2000 areas should be taken into account by member states in the overall design of their cap strategic plans . ### in order to ensure a fair income and a resilient agricultural sector across the union territory , member states may grant support to farmers in areas facing natural and other area - specific constraints . as regards payments for anc , the designation of the 2014 - 2020 rural development policy should continue to apply . for the cap to deliver enhanced union added on the environment and reinforce its synergies with the financing of investments in nature and biodiversity , it is necessary to keep a separate measure aiming at compensating beneficiaries for disadvantages related to the implementation of natura 2000 and water framework directives . support should therefore continue to be granted to farmers and forest holders to help address specific disadvantages resulting from the implementation of directive 2009 / 147 / ec and directive 92 / 43 / eec and in order to contribute to the effective management of natura 2000 sites . support should also be made available to farmers to help address disadvantages in river basin areas resulting from the implementation of the water framework directive . support should be linked to specific requirements described in the cap strategic plans that go beyond relevant mandatory standards and requirements . member states should also ensure that payments to farmers do not lead to double funding with eco schemes , while at the same allowing enough flexibility in strategic plans to facilitate complementarity between different interventions . . furthermore , the specific needs of natura 2000 areas should be taken into account by member states in the overall design of their cap strategic plans .


### the objectives of the cap should also be pursued through support for investments , productive as well as non - productive , on farm as well as off - farm . such investments may concern , inter alia , infrastructures related to the development , modernisation or adaptation to climate change of agriculture and forestry , including access to farm and forest land , land consolidation and improvement , agro - forestry practices and the supply and saving of energy and water . in order to better ensure the consistency of the cap strategic plans with union objectives , as well as a level playing field between member states , a negative list of investment topics is included in this regulation . ### the objectives of the cap should also be pursued through support for investments , productive as well as non - productive , on farm as well as off - farm . such investments may concern , inter alia , infrastructures related to the development , modernisation or adaptation to climate change of agriculture , horticulture and forestry , including access to farm and forest land , land consolidation and improvement , agro - forestry practices and the supply and saving of energy and water . in order to better ensure the consistency of the cap strategic plans with union objectives , as well as a level playing field between member states , a negative list of investment topics is included in this regulation .


### in the process of development of their cap strategic plans , member states should analyse their specific situation and needs , set targets linked to the achievement of the objectives of the cap and design the interventions which will allow reaching these targets , while being adapted to the national and specific regional contexts , including the outermost regions pursuant to article 349 tfeu . such process should promote more subsidiarity within a common union framework , while compliance with the general principles of union law and the objectives of the cap should be ensured . it is therefore appropriate to set rules on the structure and content of the cap strategic plans . ### in the process of development of their cap strategic plans , member states should analyse their specific situation and needs , set programme targets linked to the achievement of the objectives of the cap and design the interventions which will allow reaching these targets , while being adapted to the national and specific regional contexts , including the outermost regions pursuant to article 349 tfeu . such process should promote more subsidiarity within a common union framework , while compliance with the general principles of union law and the objectives of the cap should be ensured and while the commonality of the policy is secured . it is therefore appropriate to set rules on the structure and content of the cap strategic plans .


### the cap strategic plans should aim to ensure enhanced coherence across the multiple tools of the cap , since it should cover types of interventions in the form of direct payments , sectoral types of interventions and types of interventions for rural development . they should also ensure and demonstrate the alignment and appropriateness of the choices made by member states to the union priorities and objectives . it is therefore appropriate that they contain a result - oriented intervention strategy structured around the specific objectives of the cap , including quantified targets in relation to these objectives . in order to allow their monitoring on an annual basis , it is appropriate that these targets are based on result indicators . ### the cap strategic plans should aim to ensure enhanced coherence across the multiple tools of the cap , since it should cover types of interventions in the form of direct payments , sectoral types of interventions and types of interventions for rural development . they should also ensure and demonstrate the alignment and appropriateness of the choices made by member states to the union priorities and objectives . it is therefore appropriate that they contain a result - oriented intervention strategy structured around the specific objectives of the cap , including quantified targets in relation to these objectives . in order to allow their monitoring on an annual basis , it is appropriate that these targets are based on result indicators . it is necessary to have further clarification of the indicators set in guidelines by the commission in order to strengthen their link to the achievement of general and specific objectives laid down in article 5 and 6 .


### the result - orientation triggered by the delivery model requires a strong performance framework , particularly since cap strategic plans would contribute to broad general objectives for other shared managed policies . a performance - based policy implies annual and multi - annual assessment on the basis of selected outputs , result and impact indicators , as defined in the performance monitoring and evaluation framework . to this end , a limited and targeted set of indicators should be selected in a way which reflects as closely as possible whether the supported intervention contributes to achieving the envisaged objectives . result and output indicators relating to climate - and environment - related objectives may include interventions set out in national environmental and climate - planning instruments emanating from union legislation . ### the result - orientation triggered by the delivery model requires a strong performance framework , particularly since cap strategic plans would contribute to broad general objectives for other shared managed policies . a performance - based policy implies annual and multi - annual assessment on the basis of selected outputs , result and impact indicators , as defined in the performance monitoring and evaluation framework . to this end , a limited and targeted set of indicators should be selected in a way which reflects as closely as possible whether the supported intervention contributes to achieving the envisaged objectives while taking into account external factors beyond the influence of beneficiaries . result and output indicators relating to climate - and environment - related objectives may include interventions set out in national environmental and climate - planning instruments emanating from union legislation .


### types of interventions and common requirements for member states to pursue these objectives as well as the related financial arrangements ; ### types of interventions and common requirements for member states to pursue these objectives , including ensuring an european level playing field , as well as the related financial arrangements ;


### cap strategic plans to be drawn up by member states , setting targets , defining interventions and allocating financial resources , in line with the specific objectives and identified needs ; ### cap strategic plans to be drawn up by member states , setting targets , defining interventions and allocating financial resources , in line with the specific objectives and identified needs and in accordance with the eu internal market ;


### ' farmer ' means a natural or legal person , or a group of natural or legal persons , regardless of the legal status granted to such group and its members by national law , whose holding is situated within the territorial scope of the treaties , as defined in article 52 of the treaty on european union in conjunction with articles 349 and 355 of the treaty on the functioning of the european union , and who exercises an agricultural activity as defined by member states ; ### ' farmer ' means a natural or legal person , or a group of natural or legal persons , regardless of the legal status granted to such group and its members by national law , whose holding is situated within the territorial scope of the treaties , as defined in article 52 of the treaty on european union in conjunction with articles 349 and 355 of the treaty on the functioning of the european union , and who exercises an agricultural activity as defined by member states and is recorded as carrying out farming activities in a national tax or social security register ;