Directive

1. European Union law.

An act of European Union (EU) law having indirect effect in relevant member states.

The member states affected by the EU Directive are required to implement the directive domestically, but they are free to choose the form and method for doing so.

2.

Any formal instruction or order.

See also

• Capital Requirements Directive
• CRD IV
• Decision
• European Union
• FICOD
• MAD
• Regulation
• Resolution
• Secondary legislation
• Shareholder Rights Directive
• Solvency II