06 December 2016
Rt Hon. Andrew Tyrie MP, Chairman of the Treasury Committee, has written to Andrew Bailey, Chief Executive of the Financial Conduct Authority (FCA), and Ross McEwan, Chief Executive of RBS, regarding the new complaints review process for SME customers in RBS' Global Restructuring Group (GRG).
- Letter to Andrew Bailey, Chief Executive of the Financial Conduct Authority, dated 5 December 2016 (
PDF 939 KB) - Letter to Ross McEwan, Chief Executive of RBS, dated 5 December 2016 ( PDF 694 KB)
- Treasury Committee
Commenting on the correspondence, Mr Tyrie said:
"More detail on the design of the scheme is needed. This could give affected businesses more confidence that they will obtain reasonable compensation.
The regulator should publish its full report into GRG as soon as possible."
Further information
Image: PA
