Company: BK-PK
Filing Date: 2025-05-02
Form Type: 10-Q
Source: 0001390777-25-000084
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Company: Bank of New York Mellon Corp
Filing Date: 2025-05-02
Form: 10-Q
Item: Item 4
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Item 4. Controls and Procedures

Disclosure controls and proceduresOur management, including the Chief Executive Officer and Chief Financial Officer, with participation by the members of the Disclosure Committee, has responsibility for ensuring that there is an adequate and effective process for establishing, maintaining, and evaluating disclosure controls and procedures that are designed to ensure that information required to be disclosed by us in our SEC reports is timely recorded, processed, summarized and reported and that information required to be disclosed by BNY is accumulated and communicated to BNY’s management to allow timely decisions regarding the required disclosure.  In addition, our ethics hotline can also be used by employees and others for the anonymous communication of concerns about financial controls or reporting matters.  There are inherent limitations to the effectiveness of any system of disclosure controls and procedures, including the possibility of human error and the circumvention or overriding of the controls and procedures.  Accordingly, even effective disclosure controls and procedures can only provide reasonable assurance of achieving their control objectives.As of the end of the period covered by this report, an evaluation was carried out under the supervision and with the participation of our management, including the Chief Executive Officer and Chief Financial Officer, of the effectiveness of our disclosure controls and procedures as defined in Rule 13a-15(e) under the Securities Exchange Act of 1934, as amended (the “Exchange Act”).  Based on that evaluation, the Chief Executive Officer and Chief Financial Officer concluded that our disclosure controls and procedures were effective.Changes in internal control over financial reportingIn the ordinary course of business, we may routinely modify, upgrade or enhance our internal controls and procedures for financial reporting.  There have not been any changes in our internal control over financial reporting as defined in Rule 13a-15(f) of the Exchange Act during the first quarter of 2025 that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.

92 BNY

Forward-looking Statements

Some statements in this Quarterly Report are forward-looking.  These include statements about the usefulness of Non-GAAP measures, the future results of BNY, our businesses, financial, liquidity and capital condition, results of operations, capital plans including dividends and repurchases, liquidity, risk and capital management and processes, human capital management (including related ambitions, objectives, aims and goals), strategic priorities and initiatives, acquisitions, related integration and divestiture activity, transition to a platforms operating model, efficiency savings, estimates (including those regarding expenses, interest rate and net interest income sensitivities, losses inherent in our credit portfolios