Spanish Agricultural Guarantee Fund

[3] It also ensures that the funds reach the beneficiaries who meet the requirements established for their granting, promotes the homogeneous application of CAP aid throughout the national territory, avoiding fraud and minimizing the risks of financial corrections.

Likewise, with regard to the Fund for European Aid to the Most Deprived (FEAD) and the European Maritime and Fisheries Fund (EMFF), it is responsible for their correct application and management in the case of the FEAD, and in the case of the EMFF, to certify that the management of the fund has been conducted according to the European and national regulations.

[3] The FEGA was created in 1995 during the term of Minister Luis María Atienza to unify the management of aid and payments of the Common Agricultural Policy (CAP) by merging the Fund for the Management and Regulation of Agricultural Production and Prices (Spanish: Fondo de Ordenación y Regulación de Producciones y Precios Agrarios, FORPPA) and the National Service for Agricultural Products (Spanish: Servicio Nacional de Productos Agrarios, SENPA).

[4] Since Atienza took office, he carried out a restructuring policy the Department of Agriculture to adapt it to the new framework within the European Union and the devolution of powers to the regions due to many State agencies had been left empty of powers or with little space to develop them.

[6] That same year, its powers were expanded not only for coordination, but also as a paying body and as the national authority in charge of European controls in its field of work.