The Financial Conduct Authority has handed over to a committee of MPs the full report it commissioned on how the Royal Bank of Scotland systematically mistreated thousands of small business clients after the 2008 banking crisis.
Andrew Bailey, chief executive of the FCA, said in a letter to the Treasury select committee that the regulator was unable to publish the report itself because it had not secured consent from those who gave information before the deadline of Friday set by the MPs.
The committee is due to meet on Tuesday to discuss whether to use parliamentary privilege to circumvent the legal obstacles to publishing the r…
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