Virgin Money UK PLC

Virgin Money UK PLC, and its subsidiary undertakings comply with the Prudential Regulation Authority's (PRA) Rulebook Remuneration and the Financial Conduct Authority's Senior Management Arrangements, Systems and Controls Handbook (SYSC) 19D. These rules aim to ensure that firms have risk-focused remuneration policies, which are consistent with and promote effective risk management and do not expose them to excessive risk.

The Remuneration disclosures in respect of the 2019 performance year are set out at the end of the Directors’ Remuneration Report section of the Annual Report and Accounts 2019 (opens in a new window).

Additional information summarising the Group’s decision-making policies for remuneration are also provided. These disclosures deliver the requirements of CRR Article 450.