If Clive Lewis is correct that the published summary of the FCA report has been “sanitised”, then it is clear that to allow claimants against RBS to be dealt with fairly under the FCA compensation scheme, the full unredacted report must now be put in the public domain. And because compensation though legal action is under ever-increasing threat of being time-barred under the statute of limitations, any further evidence of GRG misconduct ought to be published without delay.
Royal Bank of Scotland executives "misled" MPs over the bank's treatment of small companies, Labour's Clive Lewis has told the House of Commons. RBS bosses appeared before the Treasury Select Committee and said cases of mistreatment had been "isolated". But Mr Lewis said he had a full copy of the Financial Conduct Authority's (FCA) report, which, he said, stated the bank's behaviour had been "systemic".