Redwood Bank is committed to adhering to the Financial Services Remuneration Code, thus ensuring that the Bank has risk-focused remuneration policies, which are consistent with and promote effective risk management and do not expose the Bank to excessive risk. This is achieved in a manner which is appropriate to the Bank’s size, internal organisation and the nature, scope and complexity of its activities.

The Bank’s methodology for compliance is a framework where the responsibility for and implementation of the Remuneration Code is overseen by the Board’s Remuneration Committee.