This Directive - also referred to as the Anton Veneta Directive – was implemented in the Netherlands on 7 May 2011. The implementing legislation requires the Dutch Central Bank (DNB) to assess any takeover of a Dutch bank by a foreign bank on the basis of five exclusively prudential criteria. Political considerations may no longer play a role.

The Anton Veneta Directive was drawn up after the Netherlands flagged the fact that cross-border takeovers seemed to be infrequent in the European financial sector.