In overall charge of this critical area of our business is Barbican’s Director of Risk and Governance, David Russell.

A strong culture of risk and compliance

Barbican maintains a strong culture of risk and compliance, investing in the best resources possible to not only comply with regulatory requirements but to actually exceed them.

We promote the importance of getting things right - and the need to behave and operate in a way that enhances the reputation of our industry and ultimately protects the customer. We have a firm compliance regime and adopt best practice in all areas of risk management. Barbican’s Risk and Capital Committee, reporting directly to the Board, exercises strong and effective control over all material risks, drawing on reliable and comprehensive management information.

We also believe good risk management isn’t about blindly following sets of rules and regulations, but about finding a way of applying the rules in a sensible, practical way that benefits our business.

Our compliance culture emphasises ethical behaviour at every level of the business. Our formally stated whistle-blowing policy encourages staff to speak up freely, and without fear of any adverse personal consequences, on any concerns relating to malpractice or unethical behaviour.