Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, with reference to the specialist advisers' report to the Treasury Committee of 31 October 2017, what assessment he has made of whether it would be fair or unfair to (a) people within and (b) SME customers of the Royal Bank of Scotland to publish relevant findings on management knowledge of the failings of the Global Restructuring Group report, commissioned by the Financial Conduct Authority.
The Financial Conduct Authority (FCA) has published a detailed summary of the main findings from the skilled person’s report. The FCA announced it is investigating the matters arising from the report and focussing on whether there is any basis for it to take further action. It would not be appropriate for the Government to comment further whilst this process is ongoing.