Tyrie say: “It is in the public interest that as much as possible of the findings of this investigation be made public. It is crucial that we learn the lessons from the catalogue of mistakes which necessitated a huge tax-payer funded bailout; not least for the assistance it may provide in getting regulation right for the future.
In this case, the FSA has not been able to release the findings of their investigation into RBS. The Financial Services and Markets Act restricts publication of details relating to individuals without their consent. The FSA have assured us that they have conducted a thorough investigation. We need to see it.”