FSA to publish limited RBS report

clock

The City watchdog says it might be prepared to publish previously-secret findings of its investigation into events leading up to the rescue of RBS.

The move follows a torrent of criticism aimed at the FSA from Chancellor George Osborne, the Business Secretary, Vince Cable, and most recently Andrew Tyrie, the chairman of the Treasury Select Committee, writes the Independent. Responding to Mr Tyrie's recent letter calling for the FSA to give reasons for not publishing a report, Lord Turner finally said yesterday he would seek to make it public. Read more   City says it pays 11.2% of Britain's taxes The City of London yesterday sought to put a more positive sheen on its somewhat tarnished reputation, arguing that Britain's ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Economics / Markets

2025 investment trends: The updated reality in wealth management

2025 investment trends: The updated reality in wealth management

'The future of wealth management will lie in personalisation'

Julia Khandoshko
clock 16 January 2025 • 4 min read
UK inflation lowers to 2.5% in December

UK inflation lowers to 2.5% in December

Down from 2.6% in November

Sorin Dojan
clock 15 January 2025 • 2 min read
'It's a challenging time': Advisers react to record gilt yield rises

'It's a challenging time': Advisers react to record gilt yield rises

Clients worried about a weakening UK economy

Isabel Baxter
clock 13 January 2025 • 5 min read