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tabling member › label	Biography information for Bill Esterson
answer › question first answered	2018-05-21T16:09:05.797Z
answering dept sort name	Treasury

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registered interest

date

exactly:

or between:
and

answering body

answering dept id

answering dept short name

answering dept sort name

hansard heading

house id

legislature


pref label

question text

tabling member constituency

tabling member printed

uin

answer

is ministerial correction

date of answer

exactly:

or between:
and

answer text

answering member constituency

answering member printed

question first answered

answering member


label

tabling member


label

905572

registered interest

date

16/05/2018

answering body

Treasury

answering dept id

answering dept short name

Treasury

answering dept sort name

Treasury

hansard heading

Royal Bank of Scotland: Small Businesses

house id

legislature

25259

	pref label	House of Commons

question text

To ask Mr Chancellor of the Exchequer, with reference to the Answer of 15 May 2018 to Question 142837 on Royal Bank of Scotland: Small Businesses, what assessment he has made of the adequacy of the compensation scheme for SME customers of the Royal Bank of Scotland.

tabling member constituency

Sefton Central

tabling member printed

Bill Esterson

uin

144893

answer

is ministerial correction

date of answer

21/05/2018

answer text

RBS’ recent commitments to establish an independent appeal process for consequential loss claims and to stand aside from any money that might be returned to them from redress paid to insolvent companies are important steps in improving the operation and transparency of the redress scheme for businesses affected by RBS' Global Restructuring Group. The Financial Conduct Authority (FCA) has previously confirmed that RBS’ processes as part of the compensation scheme are appropriate steps for the bank to take, and the Treasury is in regular contact with the FCA about how the voluntary scheme is progressing.

answering member constituency

Salisbury

answering member printed

John Glen

question first answered

21/05/2018 16:09:05

answering member

4051

	label	Biography information for John Glen

tabling member

4061

	label	Biography information for Bill Esterson