New tribunal and rules needed to protect small firms - UK lawmakers
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LONDON (Reuters) - A disputes tribunal underpinned by new regulation is needed to protect small companies after their "scandalous" treatment by banks, a panel of British lawmakers said on Friday.Lawmakers said they want to apply lessons from the experience of businesses who suffered "untold misery" in their dealings with RBS' Global Restructuring Group in the aftermath of the financial crisis. In a 64-page report on SME Finance, parliament's Treasury Select Committee said a Financial Services..