OBS_VALUE: 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, Section 24.According to the Directive, EEA credit institutions may provide cross-border banking services into other EEA countries under passporting rights but whether commercial presence is required or not for non-EEA firms is left to national authorities