The Board, in its deliberations and decision-making processes takes into account the views of the Group’s stakeholders and, where applicable, considers the impact of those decisions on the communities and environment within which the Group operates. While good corporate governance is important to the Board, so too is maintaining a reputation for high standards of business conduct in all of the Group’s operations, and management of conduct risk is a key part of the risk management framework. Section A6 of the Group’s Annual Report sets out information on corporate responsibility including the Group’s people policies, our involvement in industry initiatives, our commitment to customers and support for the community, environmental, social and conduct impacts. Paragon’s relationship with HMRC and the principles we apply to our tax affairs are also set out in this section.
We also endeavour to maintain an open and transparent relationship with our various regulators, including the PRA and FCA.