Disposal of the complaints

Jump to

8.1 Chapter 13 of Part 1 of my report sets out my disposal of each of the eighteen specific heads of complaint, and the general complaint, referred to in Section 4 above and detailed in Annex A.

8.2 I uphold the general complaint that the prudential regulators and GAD failed properly to exercise their regulatory functions in respect of the Society during the period prior to 8 December 2000. I do not uphold it for the period from 8 December 2000 to 1 December 2001.

8.3 Annex B shows how I have disposed of the eighteen specific heads of complaint.