Company: BBVXF
Filing Date: 2025-02-27
Form Type: F-4/A
Source: 0001193125-25-037317
Chunk: 703

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-02-27
Form: F-4/A
Chunk 703
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| – | Data protection. |

| – | Market integrity. |

| – | MiFID. |

| – | EBA. |

| – | Other products and services. |

| – | Publicity. |

| – | New legislation. |

| – | Corporate crime prevention. |

| – | Remuneration. |

| – | Code of Conduct and Ethics. |

| – | Subsidiaries and foreign branches. |

| – | Customer Care Service (Servicio de Atención al Cliente, or SAC). |

Note 5 – Minimum own funds and capital management Minimum own funds requirements The Group calculates minimum capital requirements based on Directive 2013/36/EU, amended by Directive 2019/878/EU (hereinafter, CRD-V),and Regulation (EU) 575/2013, amended by Regulation (EU) 2019/876 (hereinafter, CRR-II). Regulation CRR-IIand Directive CRD-IVentered into force on 27 June 2019 and have been implemented in successive stages since that date, although most of the provisions are applicable as from 28 June 2021. The Spanish government transposed Directive CRD-Vinto national law through Royal Decree-Law7/2021, of 27 April, Royal Decree 970/2021, of 8 November, and Circular 5/2021, of 22 December. The Covid-19health crisis prompted competent institutions in Europe to temporarily lower liquidity, capital and operational requirements applicable to banks, to ensure that they could continue carrying out their role of providing funding to the real economy. In particular, the European Commission, the European Central Bank and the EBA provided clarity as regards the application of the flexibility already embedded in Regulation (EU) 575/2013 by issuing interpretations and guidance on the application of the prudential framework in the context of Covid-19. This guidance included the European Central Bank (ECB) announcement, released on 18 June 2021, that euro area credit institutions that it directly supervises could continue to exclude certain central bank exposures from the leverage ratio, given the continuing presence of exceptional macroeconomic circumstances due to the Covid-19pandemic. As a result, the leverage ratio relief originally authorised in September 2020, which was due to end on 27 June 2021, was extended until 31 March 2022. On 10 February 2022, the European Central Bank announced that it would not