GRG Update

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Posted in:Banking and Finance, Litigation|May 11, 2015 | Join the mailing list

As you will be aware from my previous update on 18 February 2015, the FCA has instructed Promontory and Mazars to review the actions of RBS’s Global Restructuring Group.

This investigation has been taking place for over a year and, unfortunately, it does not appear that an end is in sight. We were previously advised that the report had been delayed until Spring 2015 but we are now well into
Spring and no publication date has been announced.  

Download our in depth report on the GRG update

If there are any issues in this update or more generally that you would like to discuss, please contact
Alison Loveday
or one of our Banking and Financial Regulatory team on 0161 833 9211.

(The information and opinions contained in this article are not intended to be comprehensive, nor to provide legal advice. No responsibility for its accuracy or correctness is assumed by berg or any of its partners or employees. Professional legal
advice should be obtained before taking, or refraining from taking, any action as a result of this article.)

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