The chairman of the Treasury select committee has written to the FSA asking for a summary of the investigation into the collapse of RBS to be produced.
This comes after the FSA claimed it was unable to release details of the probe which found no lack of integrity among senior RBS staff or failure of governance on the part of the board.
TSC chairman Andrew Tyrie says: “It is in the public interest that as much as possible of the findings of this investigation be made public. It is crucial 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.
“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 they have conducted a thorough investigation. We need to see it.”
Speaking to the BBC last week, FSA chairman Lord Turner said the RBS report is difficult to disclose because it was broken down into numerous parts.
Tyrie says once the report is compiled, those individuals included in it can be approached for permission for it to be released.
The FSA says it will respond to Tyrie directly.
Earlier this month it was reported the Treasury has ordered a review of FSA rules on disclosure because of its inability to publish the report.