Strategy for success
The Board is committed to achieving long term success for the Virgin Money UK PLC (Group) through delivery of its strategy. The strategy is underpinned by high standards of corporate governance appropriate for a publicly listed company.
The Group operates within a corporate governance framework, which meets the requirements of the Financial Reporting Council’s UK Corporate Governance Code.
Key documents and policies
Key documents and policies which form part of the corporate governance framework and highlight the Group's commitment to corporate governance are set out below.
Virgin Money UK PLC is governed by a Board of Directors. Information on the authority, role, responsibilities, structure, composition and meeting procedures of the Board of Directors, and of the Board’s oversight of its subsidiaries, is set out in the Board Charter. The Board Charter also describes matters which are reserved for the Board.
The Board may from time to time establish committees as it considers necessary or appropriate to assist the Board in carrying out its responsibilities. The charter for each committee sets out the authority, role, responsibilities, composition and meeting procedures of the committee.
As required, the Board may also establish sub-committees to assist the Board in the oversight of specific areas that may require more detailed attention.
- Audit Committee Charter Link opens in a new window
- Risk Committee Charter Link opens in a new window
- Governance and Nomination Committee Charter Link opens in a new window
- Remuneration Committee Charter Link opens in a new window
We’re committed to preventing financial crime, including money laundering, sanctions, bribery and fraud. Find out more in the following documents.
- Patriot Act Certificate Link opens in a new window
- Wolfsberg Group Correspondent Banking Due Diligence Questionnaire Link opens in a new window
The Internal Audit Charter sets out the purpose, scope, activities and responsibilities of the Group's Internal Audit function, along with the organisational framework within which it operates.