Faroe Islands and the European Union Schengen Area are not subject to border controls, although there may be identity checks when checking in for flights. Charges for international services such as phone roaming and bank transfers are much higher than inside the EU. In July 2013 EU imposed sanctions on the Faroe Islands due to a dispute over the fishing quota of herring and mackerel. The boycott which started on 28 August 2013 banned Faroese vessels carrying herring or mackerel from all EU ports, including Denmark, Sweden and Finland. The Faroe Islands could no longer export herring or mackerel to EU countries. The boycott was lifted
Individual fishing quota Individual fishing quota Individual fishing quotas (IFQs) also known as "individual transferable quotas" (ITQs) are one kind of "catch share", a means by which many governments regulate fishing. The regulator sets a species-specific total allowable catch (TAC), typically by weight and for a given time period. A dedicated portion of the TAC, called quota shares, is then allocated to individuals. Quotas can typically be bought, sold and leased, a feature called transferability. As of 2008, 148 major fisheries (generally, a single species in a single fishing ground) around the world had adopted some variant of this approach, along with approximately