RBS restructuring group report attracts SRA attention amid questions over lawyer secondment conflicts

SRA set to put secondments under scrutiny

Potential conflicts presented by law firm secondments to major clients are set to come under scrutiny from the Solicitors Regulatory Authority (SRA), following the publication of a report into the Royal Bank of Scotland’s controversial Global Restructuring Group (GRG).

The report – carried out by Promontory Financial Group on behalf of the Financial Conduct Authority, and published in full under parliamentary privilege last week – strongly criticises RBS for GRG’s treatment of small business customers.

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