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 & 19E. 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 2020 performance year are set out at the end of the remuneration disclosure section of the 2020 Pillar 3 Report (opens in a new window).
These disclosures deliver the requirements of CRR Article 450.
VMUK PLC operates a company-wide remuneration policy, approved by the Virgin Money UK PLC Remuneration Committee. The sections on this page set out a summary of the policy and describe our overarching principles and practice.