The Remuneration Committee also reviews the Company’s remuneration structures for compliance with regulatory requirements and corporate governance guidance and monitors the reporting and disclosure of such arrangements. The responsibilities of the Remuneration Committee are to consider and recommend to the Board the framework of the remuneration policy of the Company, to identify TSB’s Material Risk Takers in terms of the European Banking Authority’s Regulatory Technical Standards, and to manage, consider and approve the remuneration arrangements of the Chairman, the Chief Executive, each direct report to the Chief Executive, other senior executives and employees who are designated as Material Risk Takers under the PRA Remuneration Code, or any other employee determined by the Remuneration Committee from time to time in accordance with the requirements of TSB’s regulators. Online Banking can now allow you to: Pay in cheques up to £10,000 Manage payments up to £25,000 Change your personal details. The Remuneration Committee meets at least four times a year. Things you can do securely online We hope you can find an answer to your query online which will save you a trip to the branch. The Remuneration Committee is chaired by Libby Chalmers, an independent Non-executive Director, and its other members are Lynne Peacock, Marc Armengol and Adam Banks. The Remuneration Committee is made up of four members who are all Non-executive Directors. All TSB branches in Dunfermline Search by address, city or postcode Dunfermline, 25 East Port Closed Opens at 9:00 AMCounter opens at 9:00 AM 25 East Port, Dunfermline, KY12 7JL Branch Directions Troubleshoot login issues Browse all TSB Bank locations in Dunfermline. Read Audit Committee Terms of Reference (PDF, 29KB) The ultimate responsibility for reviewing and approving the annual report and accounts remains with the Board. It focuses in particular on compliance with accounting policies and ensuring that an effective system of internal financial control is maintained. The Audit Committee has responsibility for, amongst other things, monitoring the integrity of the financial statements of TSB and the involvement of the Auditors in that process as well as championing a straightforward and transparent culture to ensure that TSB operates within the Board approved risk appetite in respect of financial reporting and internal control. The Audit Committee will normally meet at least four times a year at the appropriate times in the reporting and audit cycle. The Audit Committee is currently chaired by Nick Prettejohn, the Board Chair, on an interim basis and its other members are Andrew Simmonds, Leopoldo Alvear and Libby Chambers. The Audit Committee is made up of four members who are all Non-executive Directors and includes at least one member with recent and relevant financial experience.
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