CORPORATE GOVERNANCE

• Directorate
• The Board
• Board Committees
• Operating Board
• Risk Report
• Remuneration Report
• Stakeholder Relations
• Legal Compliance

Legal Compliance

The compliance function’s purpose is to provide assurance to the board that the Group is compliant with applicable legislation, and is documented in TFG's legal compliance policy.

Within the Group, the compliance function is split into three areas: one area focuses on general compliance and on the co-ordination of Group compliance, another on TFG Financial Services, with the third focusing on compliance within the RCS Group.

The Group compliance officer gives report-backs at each audit committee meeting.

The responsibilities of the three areas of the compliance function include:

• identifying and advising the group on existing and new legislation that is applicable to the group’s business;
• facilitating compliance with relevant legislation and assigning responsibility for areas of compliance;
• facilitating compliance with internal policies, rules, guidelines and procedures; and
• monitoring of compliance.