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  1. EUROPEAN UNION Directives which EU member states are required to incorporate into their own legislation. For example, The Fourth Directive introduced standardized formats for presenting company accounts; the Seventh Directive tightened up the requirements relating to group accounts; the Eighth Directive dealt with the qualifications of auditors.
  2. a request' by the monetary authorities that the COMMERCIAL BANKS and other financial institutions should limit the amount of LOANS and OVERDRAFTS they make available, in order to control spending in the economy. See MONETARY POLICY for further details.
Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson

directive (bank)

an instrument of MONETARY POLICY involving the control of bank lending as a means of regulating the MONEY SUPPLY. If, for example, the monetary authorities wish to lower the money supply, they can ‘direct’ the banks to reduce the total amount of loan finance made available to personal and corporate borrowers. A reduction in bank lending can be expected to lead to a multiple contraction of bank deposits and, hence, a fall in the money supply. See BANK DEPOSIT CREATION.
Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005
References in periodicals archive ?
Furthermore, the analysis of information provided on a monthly basis under the 'Compliance Report on AML Directive on Insurers' also disclosed non-compliance with the directive by the few life insurers including not effectively carrying out CDD/KYC and risk profiling of the customers.
J J MORAN A member of the staff of the Scottish Ministers Transport Scotland Trunk Roads Network Management Buchanan House, 58 Port Dundas Road, Glasgow G4 0HF 10 October 2014 A83 HIGH GLEN CROE RESURFACING ENVIRONMENTAL IMPACT ASSESSMENT DETERMINATION BY THE SCOTTISH MINISTERS UNDER SECTIONS 20A AND 55A OF THE ROADS (SCOTLAND) ACT 1984 THE SCOTTISH MINISTERS hereby give notice that they have determined that their proposal to resurface 2080m of the A83 Trunk Road, approximately 3.5 kilometres or thereby west of Ardgarten, Argyll is: (a) not a project which falls within Annex I of Council Directive No.
The directive states that consumers should receive clear information before purchase and at the time of purchase about their cancellation rights.
Member States had to adopt and publish, by the date of accession of Croatia to the Union at the latest, the laws, regulations and administrative provisions necessary to comply with Directive 2013/25/EU.
Over 300 parents with children with chronic diseases seen at outpatient clinics were asked about their knowledge of advance directives, their preferences on discussing them, and their child's past and current health status.
The directive updates and groups together five of the Council's existing directives in one single legislative act: Directives 96/29/Euratom laying down basic safety standards for the protection of the health of workers and the general public against the dangers arising from ionising radiation; 97/43/Euratom on health protection of individuals against the dangers of ionising radiation; 2003/122/Euratom on the control of high-activity sealed radioactive sources and orphan sources, 90/641/Euratomaon the operational protection of outside workers exposed to the risk of ionising radiation; anda89/618/Euratomaon informing the general public about health protection measures to be applied.
According to the EC's press office, to date Bulgaria, Estonia and the UK have only partially transposed the Electricity and Gas Directives. The Directives had to be transposed by the Member States by 3 March 2011.
The primary initial model was for the case managers to introduce advance directives to the consumers on their caseload, in the regular course of their work with consumers, and to provide facilitation for those consumers who expressed an interest in completing an advance directive.
Gas struts certainly aren't machines, even in terms of the Machinery Directive, which talks about machines as assemblies fitted with or intended to be fitted with a drive system other than directly applied human or animal effort.
In order for the many products now covered by the directive to bear CE-marking (, a range of new 'Implementing Measures' covering each of these products will now need to be established and implemented.
When must manufacturers comply with Directive 2007/47/EC?

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