Company: BBVXF
Filing Date: 2025-02-27
Form Type: F-4/A
Source: 0001193125-25-037317
Chunk: 354

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-02-27
Form: F-4/A
Chunk 354
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 local level.                                                                                                                                                                                                        |

| – | Promoting a culture of compliance and proper conduct within the Institution by adopting measures that guarantee the                                                                                                                              
 training and experience of employees to adequately perform their duties, as well as collaborating in the development of training programmes in order to advise and make employees aware of the importance of complying with established internal 
 procedures.                                                                                                                                                                                                                                      |

| – | Submitting to the governing bodies regular or ad hoc reports on compliance as may be legally required at any given                                                                        
 time and such material compliance information as may arise from all units and activities of the Institution. Assisting the Board of Directors or Senior Management in compliance matters. |

A-116

| – | Taking on institutional responsibilities and interacting with supervisory authorities and institutions in relation to 
 matters within its remit and where agreed by the Institution’s management and administrative bodies.                  |

The following compliance risks have been identified:

| – | Anti-money laundering and countering the financing of terrorism. |

| – | Data protection. |

| – | Market integrity. |

| – | Customer protection (including the following risks: MiFID, EBA, other products and services, sustainability, 
 misconduct with customers and advertising).                                                                  |

| – | New legislation. |

| – | Ethics and conduct (includes risks related to corporate crime prevention, remuneration and the code of conduct and 
 ethics).                                                                                                           |

| – | 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 own funds requirements in accordance with the regulatory framework based on Regulation (EU) 575/2013 (CRR), which sets forth the capital and solvency requirements, and Directive 2013/36/EU (CRD IV), in relation to prudential supervision. These regulations were amended in 2019 by Regulation (EU) 2019/876 (CRR II) and by Directive (EU) 2019/878 (CRD V) to reflect the standards established by the Basel Committee on Banking Supervision, known as Basel III. However, to implement the pending items of the Basel III reform agreed in December 2017 by the Basel Committee on Banking Supervision (BCBS), the aforesaid regulations were subsequently amended in 2024 by Regulation (EU) 2024/1623 (CRR III) and by Directive (EU) 2024/1619 (CRD VI), respectively.