RBS 2015 Annual Report Download - page 24

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US RMBS litigation, Governmental and regulatory
investigations
Comments FY 2015 balance sheet
provision (£bn)
Civil
Litigation
More than 20 lawsuits outstanding involving the issuance of
approximately $43bn(30) (original principal balance) of
mortgage-backed securities
FHFA (Connecticut) – $32bn
NCUA Cases – $3.25bn
Other claims (including Novastar class action and FHFA v.
Nomura/RBS), related to approx. $7.8bn of RMBS (original
principal balance)
$5.6bn (£3.8bn)
US
Department
of Justice
Active criminal and civil investigations by the DoJ continue None
State
Attorneys
General
Active investigations by several State Attorneys General and
agencies continue None
Please refer to Note 3 “Provisions for liabilities and charges” in the Annual Results 2015 for further information
Note: RBS Securities Inc. intends to pursue a contractual claim for indemnification against Nomura (of $383m) with respect to any losses it suffers as a result of this matter. 20