"I believe that we are near to reaching a conclusion on whether a formal investigation is called for, having undertaken work to build on the S166 report, Bailey said".
Andrew Bailey, chief executive of the Financial Conduct Authority (FCA), said the public interest was not "best served by us publishing the full report" into the activities of the Global Restructuring Group (GRG).
But the RBS-GRG Business Action Group, which represents more than 500 affected businesses, is taking legal advice regarding a potential judicial review of the FCA's decision not to publish the report.
"The report is now in the hands of an unknown number of third parties". They are conducted on the basis that there is no intention to publish, and it is our view that this greatly facilitates the efficiency of the process.
"The committee recognises that such reports are not intended for publication, and should in normal circumstances remain confidential".
"However, I recognise that the public interest justifies greater disclosure of material".
Bailey will appear before the committee in one of its first hearings next month, and it is expected that MPs will use the rights available to them to force Bailey's hand and release the report.
Showers, Sun, Clouds — FORECAST
Lows overnight Thursday should dip to the mid-60s under cloudy skies, the service said. South wind 5 to 15 miles per hour , with gusts as high as 20 miles per hour .
She added: "If closure is ever to be brought to this long-running issue, Parliament and the public need the account ordered by the regulator".
In an escalation of the row, Nicky Morgan, chairwoman of the Treasury select committee, responded by saying "the public interest in publication in this specific case is overwhelming". The activities of RBS's Global Restructuring Group and its rogue bankers did enormous harm to the British economy.
"The effective management of sensitive information is something I take very seriously", he said.
"Thousands of people who livelihoods, jobs and businesses were destroyed by RBS desperately want this report published".
The committee has the power to demand the report, which it could then publish, but it has not resorted to this. "The only person who doesn't want this report published, it seems, is Andrew Bailey". If he finds it distasteful to share his organisation's findings with the public, he should step aside.
Mr Bailey said the FCA has asked external lawyers to ensure the summary is a "fair and balanced" account of the report's findings, adding that the report is almost ready for publication.
The FCA published a "high-level" summary a year ago, and permission from RBS and Promontory would be needed before publishing the detailed summary. "I am therefore, like you, concerned at the claim by the BBC that it has seen a copy of the report".
The new Apple Watch was upgraded with support for LTE cellular data, allowing you to use it without needing your phone nearby. The front selfie camera is a 7-megapixel one with f/2.2 aperture, Portrait Mode and a new Portrait Lighting feature.
The company reported $0.31 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.28 by $0.03. Sumitomo Mitsui Asset Management Company LTD increased its position in MGM Resorts International by 2.0% in the second quarter.
The insider claimed they are fighting "non stop", but "they're trying very hard to make their marriage work". According to the recount, the couple have been undergoing marriage counselling for nearly half of the year.
There will be a noticeable breeze from the east on Monday night and Tuesday, but gusts will only top out at 20 miles per hour . Some additional weakening is possible during the next day or so, and Jose could weaken to a tropical storm later today.
Heart disease was the leading cause of premature death in most regions and killed 9.48 million people globally in 2016. The study revealed that the average life expectancy for women now is 75.3 years and for men is 69.8 years.
He toured a Houston shelter housing hundreds of displaced people and walked streets lined with soggy, discarded possessions. Florida's southwestern coast is a haven for retirees seeking warm weather and attractive sunsets across the Gulf of Mexico.
After the match, Lars went after Oney, but Danny Burch ran out to make the save. - Velveteen Dream defeated Lio Rush . Heavy Machinery defeated Demetrious Bronson and an partner that wasn't even introduced or identified.
Under the current agreement, Cambodians who are permanent residents of the USA are deported if they are convicted of a felony. Ambassador to Cambodia William Heidt speaks during a news conference in Phnom Penh, Cambodia September 12, 2017.
Blue Whale Game Enters Pakistan
Numerous suicides have been reported in India even though the suspected creators of the game have been arrested. It is followed by other tasks such as watching horror movies alone or waking up at unearthly hours.
Right time to face Arsenal is now- Courtois
Now we're heading into a big game . " Arsenal had a few bad matches, but won comfortably (against Bournemouth) last weekend". Maybe one guy has different qualities than another, but we are very comfortable doing our job and that is very good".
Napoli back down to earth after Shakhtar
Striker Insigne told sscnapoli.it: "We wasted a lot of opportunities - we could have equalised". "I respect the decision of the coach". "For me, he is irreplaceable, which is why I always substitute him in games because otherwise we wouldn't be able to give him a rest".
ICICI Lombard General Insurance IPO opens on Friday
The volume and value of anchor subscriptions also serves as an indicator of the company's reputation and soundness of the offer. The Rs 5,700 crore public issue of ICICI Lombard will give the company a valuation of Rs 30,000 crore post the issue.