Corporate governance
The RBS Group continually seeks to maintain high standards of corporate governance whilst remaining on the forefront with compliance best practice.
We aim to comply to all materials respects within the UK Corporate Governance Code issued by the Financial Reporting Council (June 2010).
Who runs the company?
The company is governed by a framework of Boards and committees. The Group Board is the principal decision-making forum for the company. It has overall responsibility for leading and controlling the company. Our Board approves the strategy across the group and monitors performance. It has adopted a formal schedule of matters detailing key aspects of the company's affairs and this schedule is reviewed annually. The Board recognises the value of diversity and has issued a diversity statement.
Articles of Association
The current Articles of Association were adopted by special resolution passed on 28 April 2010 and amended by special resolutions passed on 19 April 2011 and 30 May 2012.