Company: BBD
Filing Date: 2025-03-31
Form Type: 20-F
Source: 0001292814-25-001244
Chunk: 185

Company: BANK BRADESCO
Filing Date: 2025-03-31
Form: 20-F
Item: Item 4
Chunk 185
---
 open company, non-profit entities and cooperatives; (ii) 
      investment funds registered in the CVM, constituted in the form of a closed condominium, the quotas of which are traded on an organized  
                                               market; and (iii) certain non-resident investors; and                                           
-----------------------------------------------------------------------------------------------------------------------------------------------

·                       Identification of the holder: in the case of operations with the use of in-kind resources performed                    
    by a security and protection company, the identification of the natural person carrying the resources is not effective for AML/TF purposes,
     especially in view of the number of changes in the person who actually holds the resources. In this way, BCB Resolution No. 119/21 changed
                               the definition of the security and protection company as the carrier of the resources.                          
-----------------------------------------------------------------------------------------------------------------------------------------------
 In August 2020, SUSEP issued Circular No. 612/20, amended by Circular No. 622/21, which provides for the policies, procedures and internal controls intended specifically for preventing and combating the crimes of money laundering or concealment of assets, rights and values, or the crimes that they can relate to, as well as preventing and combating the terrorism financing.
 
4.B.70.02-21 Anti-corruption Law
 In August 2013, Law No. 12,846/13 was enacted to regulate civil and administrative liability of legal entities for performing acts against public management, either domestic or foreign. Based on this legal provision, legal entities shall be strictly liable, in both the administrative and civil spheres, for the practice of harmful acts to their exclusive or non-exclusive interest or benefit.
 Decree No. 11,129/22 regulates the application of Law No. 12,846/13. Among other things, it establishes the guidelines with respect to the calculation of the fines to be imposed in cases involving corruption scandals. The basis of calculation for the application of any financial penalty will be the gross legal entity billing in the last year (prior to the establishment of the Administrative Accountability Procedure), excluding taxes. Articles 22 and 23 of the Decree relate to the “compromise” of the fine, providing for “mitigating” and “aggravating” factors. In the first case, there are provisions regarding the non-consummation of the infraction, compensation for damages, level of cooperation, non-existence or lack of proof of advantage and damage resulting from the injurious act, spontaneous communication, preparation of the program of governance and internal structure of compliance; in the