The Common Fisheries Policy (CFP) is a set of rules aiming to ensure that fishing and aquaculture are environmentally, economically and socially sustainable and that they provide a source of healthy food for EU citizens. Its goal is to foster a dynamic fishing industry and ensure a fair standard of living for fishing communities.
The CFP was first introduced in the 1970s and went through successive updates, the most recent CFP is stipulated in REGULATION (EU) No 1380/2013 which took effect on 1°January°2014.

The European Maritime and fisheries fund (EMFF) regulates the funding for the EU's maritime and fisheries policies for 2014-2020. The EMFF is one of the five European Structural and Investment (ESI) Funds which complement each other and seek to prioritize a growth and job based recovery in Europe (see also the Common Provisions Regulation).

For more background information regarding the CFP reform please consult the DG Mare website.