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A tale of two cities - the benefits of publishing the RBS Report

A tale of two cities - the benefits of publishing the RBS Report

Davies, William D. (2011) A tale of two cities - the benefits of publishing the RBS Report. Business Law Review, 32 (1). pp. 2-3. ISSN 0143-6295

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Abstract

The decision of the Financial Services Authority (FSA) not to publish a report into the Royal Bank of Scotland attracted widespread criticism in the national press. As a result of this criticism the FSA have now announced that a report will be published in March 2011. This article seeks to compare this initial reluctance to publish with the publication of the Valukas Report earlier this year into the collapse of Lehman Brothers. Whilst this article acknowledges that Lehmans and RBS were very different events and the remit of the investigations differed significantly; it argues the demonstrable benefits from a published analysis of the failures in RBS make the change of heart by the FSA highly welcome.

Item Type: Article
Uncontrolled Keywords: RBS, Valukas report, corporate governance, directors' duties
Subjects: K Law > K Law (General)
Pre-2014 Departments: School of Humanities & Social Sciences
School of Humanities & Social Sciences > Department of Law & Criminology
Related URLs:
Last Modified: 14 Oct 2016 09:12
URI: http://gala.gre.ac.uk/id/eprint/4792

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