Royal Bank of Scotland

(asked on 15th December 2016) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, when he expects the Financial Conduct Authority report on the Global Restructuring Group of RBS to be published.


Answered by
 Portrait
Simon Kirby
This question was answered on 20th December 2016

On 8 November the Financial Conduct Authority (FCA) published a summary of the main findings from the skilled persons’ report it commissioned to review RBS’ treatment of SME customers transferred into its Global Restructuring Group. The FCA has said it is carefully considering the report and will publish a full account of their findings when practicable. It would not be appropriate for the government to comment further whilst this process is ongoing.

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