Company: BBVXF
Filing Date: 2025-02-27
Form Type: F-4/A
Source: 0001193125-25-037317
Chunk: 203

Company: BANCO BILBAO VIZCAYA ARGENTARIA, S.A.
Filing Date: 2025-02-27
Form: F-4/A
Chunk 203
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Is in the EU. The banking activity itself is not expressly mentioned in the FDI sectors subject to the General FDI Screening Mechanism, which are the following: Critical infrastructure, Critical and dual-usetechnologies, Key technologies for industrial leadership and training, technologies developed pursuant to projects or programs of particular interest to Spain, supply of critical inputs, sectors with access to or control to sensitive information and Media. Moreover, investments by foreigners domiciled in enumerated tax haven jurisdictions, under Royal Decree 1080/1991, are subject to special reporting requirements. Restrictions on Foreign Investments Exchange controls and foreign investments are regulated under Law 19/2003, of July 4 (“Law 19/2003”), as amended pursuant to Royal Decree-Law8/2020, of March 17, Royal Decree-Law11/2020, of March 31, Royal Decree-Law34/2020, of November 17, Royal Decree-Law 20/2022, of December 27, and Royal Decree-Law 9/2024, of December 23. Foreign investments are generally liberalized unless they fall within the scope of article 7 bis of Law 19/2003, enacted in March 2020, Sole Transitional Provision of Royal Decree-Law34/2020, of November 17, or-onlywith respect to investments in the defense sector-article 11 of Royal Decree 664/1999, of April 23 (repealed by RD 571/2023). Article 7 bis of Law 19/2003 establishes a screening mechanism for certain investments made by non-EUand non-EFTAresidents (“foreign investors”), based on public order, public health and public security reasons (the “Screening Mechanism”). The Screening Mechanism aligns part of the Spanish foreign investment legal framework with Regulation (EU) 2019/452 of March 19, 2019 establishing a framework for the screening of foreign direct investments into the EU. Certain provisions of Regulation (EU) 2019/452-suchas the list of sectors affecting public order and public security or the definition of state-owned enterprises and other similar investors-aremirrored in the regulations establishing the Screening Mechanism. In addition, and according to Sole Transitional Provision of Royal Decree-Law34/2020, of November 17 (as amended first by article 4 of Royal Decree-Law27/2021, of November 23, and