Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what recent discussions he has had with the Financial Conduct Authority on the planned timeframe for the publication of a report on the second phase of its investigation into the Royal Bank of Scotland's Global Restructuring Group.
On 31 July 2018, the Financial Conduct Authority (FCA) announced it would publish a fuller account of its findings following the conclusion of its investigation into the Royal Bank of Scotland’s Global Restructuring Group.
The FCA is an independent non-governmental body. In view of this independence, it would not be appropriate for the Government to comment on the timeframe for the publication of the FCA’s findings.