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Bad decisions not fraud at RBS, concludes FSA

by admin
2 December 2010
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LatestNews

Suffolk BS returns to 90% LTV market

Precise Mortgages launches cashback and refunded valuations

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The FSA has completed its supervisory investigation into the Royal Bank of Scotland.

In May 2009 the FSA launched a supervisory investigation into Royal Bank of Scotland Group (RBS), as one of the UK banks that required partial taxpayer bailout support. This work considered if regulatory rules had been broken and what, if any, action was appropriate.The FSA said the review was “necessarily extensive”” and looked specifically at the conduct of senior individuals at the bank

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Company Number 11335497. Registered Office: Unit 1, E.M.P. Building, 4 Solent Road, Havant, Hampshire PO9 1JH

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