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Questions remain over the FCA inquiry into RBS

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A bad look for a regulator is to appear afraid of the people it is regulating. That is where the Financial Conduct Authority, fairly or not, now finds itself. It chose not to publish the high-profile report into Royal Bank of Scotland’s handling of 6,000 small and medium-sized businesses because it feared being sued.

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Questions remain over the FCA inquiry into RBS

A bad look for a regulator is to appear afraid of the people it is regulating. That is where the Financial Conduct Authority, fairly or not, now finds itself. It chose not to publish the high-profile report into Royal Bank of Scotland’s handling of 6,000 small and medium-sized businesses because it feared being sued.