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 on
20 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.
Answered by
Treasury