OBS_VALUE: Any person who decides to acquire or increase control over a Spanish authorised bank must notify and get the approval of the Bank of Spain.See as well Directive 2013/36/EU of the European Parliament and of the Council of 26 June 2013 on access to the activity of credit institutions and the prudential supervision of credit institutions and investment firms, Article 22.The law does not distinguish between domestic and foreign mergers and acquisitions. Directive (EU) 2017/1132 establishes commun rules for cross-border merger. There is no restriction at a European level. Spain considered not necessary to transpose this Directive. 