Global Restructuring Group: Disclosure of Information
The question
To ask the Chancellor of the Exchequer, if she will make an assessment of the potential merits of reviewing the confidentiality agreements relating to RBS Global Restructuring Group.
Answered by Lucy Rigby
The Government currently has no plans to review the confidentiality agreements relating to RBS Global Restructuring Group.
The Government has been clear that the inappropriate treatment of companies by RBS GRG was unacceptable. RBS rightly apologised for these mistakes and set up a scheme to compensate victims. The complaints process for customers in scope, as undertaken by Sir William Blackburne, is concluded, and the FCA published its final report in relation to RBS GRG in 2019.
Verbatim has judged this answer against the question that was actually asked — answered, partly answered, or evaded. Sign in to see the verdict →