Company: BBD
Filing Date: 2025-05-30
Form Type: 6-K
Source: 0001292814-25-002283
Chunk: 88

Company: BANK BRADESCO
Filing Date: 2025-05-30
Form: 6-K
Chunk 88
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 Brazilian Congress converted Provisional Measure (PM) No. 775/17, issued by the President of Brazil in April 2017, into Law
No. 13,476/17. The new law consolidates the provisions on the creation of liens over financial assets and securities. On the same day,
the CMN issued Resolution No. 4,593/17, as amended, to regulate the provisions set by Law No. 13,476/17 and consolidate the regulation
on centralized deposits and registry of financial assets and securities issued or owned by financial institutions and other institutions
authorized to operate by the Central Bank of Brazil. Resolution No. 4,593/17, as amended, presents a clearer definition of financial assets
which includes, in addition to traditional financial instruments such as certificates and bank deposit receipts, credit securities subject
to discount and credit card receivables. In addition, the rule establishes that the record of financial assets and securities is (i) applicable
to bilateral operations (meaning operations directly with clients), with some exemptions in certain situations; and (ii) the centralized
deposit is applicable to credit securities with payment obligations and securities issued by financial institutions or other institutions
authorized to operate by the Central Bank of Brazil as a condition for engaging in certain negotiations and in the assumption of custody.
The Central Bank of Brazil will issue regulations governing the implementation of such rules, including the creation of an electronic
system for the constitution of liens and encumbrances.

As of
December 2020, by means of BCB Normative Instruction No. 61/20, the financial institutions and other institutions authorized to operate
by the Central Bank of Brazil should inform the standardized identifier of the loan (IPOC), dealt by in Circular No. 3,953/19, as amended
by BCB Resolution No. 36/20, in the registry of financial instruments representative of loan and leasing operations, including those subject
to assignment of credit, chattel and portability and in the form of credit rights, in systems of registration and financial settlement
of assets authorized by the Central Bank of Brazil.

In March
2023, the Central Bank of Brazil issued BCB Resolution No. 308/23, which provides for the conditions for the exercise of the activities
of registration and centralized deposit of real estate receivables by central financial asset registrars and depositories. Among these
conditions, the said Resolution provisions that the contracts must establish, among others, that the real