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
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or one of our Banking and Financial Regulatory team on 0161 833 9211.
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advice should be obtained before taking, or refraining from taking, any action as a result of this article.)