As a major bank, investment manager and insurer in our various presence markets, we have significant responsibilities to our customers, clients and the public in contributing to a stable and secure environment, thereby enhancing trust in the countries’ financial systems.
|Our Board Charter||
We are committed to the highest standards of integrity and ethical behaviour. Our code of conduct outlines the Values and behaviours that govern our way of working across our business. It fosters values-based decision-making, and demonstrates how our policies and practices align with our Values. Our Conduct Risk Framework helps managers test appropriate behaviours and responses to customers and clients.
Being a large listed company with presence in 12 markets providing trusted financial services to our customers and clients, our corporate culture is strongly influenced by our approach to Conduct and the need to ensure a positive impact on our customers and clients.
Directors’ Affairs Committee (DAC)
Corporate governance, Board nominations and related matters
Group Audit and Compliance Committee (GACC) (includes Disclosure Committee)
Internal controls, compliance, internal and external audit, accounting and external reporting
Group Risk and Capital Management Committee (GRCMC)
Risk, risk appetite, capital and liquidity management
Group Remuneration Committee (RemCo)
Remuneration and incentive arrangements, policy and disclosures, executive appointments and succession
Social and Ethics Committee (SEC)
Conduct risk, sustainability, stakeholder management, corporate citizenship, ethics, labour, diversity and inclusion, and general human resources and talent management matters
Information Technology Committee (ITC)
IT systems, data, architecture and innovation, resilience and return on investment
Board Finance Committee (BFC)
Financial results, annual budgets, and acquisitions and disposals
Concentration Risk Committee (CoRC)
Credit exposures above 10% of the Group’s qualifying capital and reserves, portfolio exposures, applicable impairment trends and concentration risks
Models Committee (MC)
Approval of material models and model governance oversight
Ad hoc committee for the Barclays PLC sell-down
Oversight and guidance to management on the impact of the sell-down