Royal Bank of Scotland

(asked on 11th April 2019) - View Source

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.


Answered by
John Glen Portrait
John Glen
Paymaster General and Minister for the Cabinet Office
This question was answered on 23rd April 2019

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.

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