Company: BBVXF
Filing Date: 2025-04-29
Form Type: 6-K
Source: 0000842180-25-000023
Chunk: 64

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-04-29
Form: 6-K
Chunk 64
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 enacting new legislation on transparency and personal data protection. The new legal framework includes: (i) the General Law on Transparency and Access to Public Information; (ii) the General Law on Personal Data Protection Held by Obligated Subjects; and (iii) the Federal Law on Personal Data Protection Held by Private Parties. These new laws reassign transparency-related responsibilities from INAI to various entities including the Secretariat of Anti-Corruption and Good Governance and the Federal Judiciary. They also mandate the establishment of the National Information Access System and the creation of specialized courts and tribunals to address these matters. The enactment of secondary regulation is still pending.

COFECE Investigation into Card Payments Market

In 2018, the Investigative Authority (IA) of the COFECE launched an investigation into the card payments market. In July 2023, the COFECE’s Board issued a final resolution recommending that regulators implement regulatory changes and mandating clearing houses to establish a compliance program and appoint an antitrust compliance officer. BBVA Mexico has taken all necessary actions and provided all required information to demonstrate compliance with the resolution.

Separately, in October 2022, COFECE announced that it had initiated an investigation in April 2022 into potential collusion in credit card transactions involving deferred monthly payments at zero interest. Although not under investigation, in July 2024, BBVA was requested to assist the authority by providing information related to the case. The request was fulfilled in December 2024. On December 18, 2024, COFECE concluded the investigation phase. In April 2025, the Investigative Authority of COFECE presented its findings to the Board of Commissioners. The content of such findings has not been disclosed. If COFECE were to issue a statement of objections and proceed to the trial-like stage, it would have to notify the involved parties before June 3, 2025. In such scenario, COFECE will publish a press release once the parties are notified.

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#### Regulatory Update for Turkey
The below summary includes certain updates to the information included in “ Item 4. Information on the Company—Business Overview—Supervision and Regulation—Principal Markets—Turkey ” in our 2024 Form 20-F.

Regulation on Loans and Reserve and Maintenance of Securities Requirements

Since 2020, the Banking Regulation and Supervision Agency (“

#### BRSA
”) has issued recommendations to protect the value of the Turkish lira by ensuring that customers who