1 In recent months, we have seen a high level of engagement from banks and community organizations in discussions and comments about revising the CRA regulations, which serves as testament to the value of the CRA and provides valuable suggestions for improving our regulatory approach.
And Barclays had to have recourse to a Scheme of Arrangement, to be approved by the Supreme Court, in line with the general provisions of the Companies Act. To our mounting frustration, the project led to prolonged litigation and became mired in procedural entanglements.