Company: BBD
Filing Date: 2025-03-31
Form Type: 20-F
Source: 0001292814-25-001244
Chunk: 159

Company: BANK BRADESCO
Filing Date: 2025-03-31
Form: 20-F
Item: Item 4
Chunk 159
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 and
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·   regulating capital markets in Brazil.
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 Within its functions, the CMN provides, through Resolution No. 3,427/06, as amended, for the adoption by the CVM of the risk-based supervision model as general guidance for its activities, on which the Risk Based Supervision System (SBR) was created. The SBR is also regulated by CVM Resolution No. 53/21, which defines its objectives.
 

94 – Form 20-F 2024 | Bradesco
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4.B.70.01-02 Central Bank of Brazil
 The Central Bank of Brazil was created by Law No. 4,595/64 and is the primary executor of the guidelines of the CMN, responsible for ensuring the purchasing power of the national currency, and for:

·   implementing currency and credit policies established by the CMN;
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·   regulating and supervising public and private sector Brazilian financial institutions;
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·   controlling and monitoring the flow of foreign currency to and from Brazil; and
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·   overseeing the Brazilian financial markets.
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 The Central Bank of Brazil supervises financial institutions by:
 
·   setting minimum capital requirements, compulsory deposit requirements and operational limits;
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·   authorizing corporate documents, capital increases, acquisition of interest in new companies and the establishment
                      or transfer of principal places of business or branches (in Brazil or abroad);                  
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·   authorizing changes in shareholder control of financial institutions;
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·   requiring the submission of annual and semiannual audited financial statements and monthly unaudited financial
                                                   information; and                                               
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·   requiring full disclosure of loans and advances and foreign exchange transactions, import and export transactions
                                     and other directly related economic activities.                                 
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 Complementary Law No. 179/21, conferred greater freedom on the Central Bank of Brazil in the use of monetary instruments for the fulfillment of goals established by the CMN. Through this law, price stability was defined as the primary objective of the Central Bank of Brazil, in addition to ensuring the stability and efficiency of the financial system, smoothing out fluctuations in levels of economic activity and promoting full employment. The Central Bank of Brazil is considered an autonomous entity of a special nature, characterized by the absence of any ties to a ministry.
 
4.B.70.01-03 CVM
 The CVM is an autonomous entity under a special regime, linked to the Ministry of Finance, with its