Compliance
Bank of Baroda (UK) Limited is a FCA & PRA regulated Bank and a member of the Financial Services Compensation Scheme established under the Financial Services and Market Act 2000.
Risk Management
Bank has set up an Integrated Risk Management System, which is responsible for identifying, measuring and chalking out strategies for controlling and managing risk. The ultimate objective is to internalize a suitable risk management framework to manage various types of risks the Bank has in its business and to ensure risk-return trade off to optimize spread and reduce burden. Bank has Board approved policies relating to liquidity and interest rate risk, credit risk and operational risk in which prudential limits have been fixed to ensure that Bank takes risk commensurate with its ability to manage and obtain returns corresponding to risk.