To ask Mr Chancellor of the Exchequer, when (a) he and (b) officials in his Department were made aware of the draft Turnbull Report on alleged frauds at HBOS.
28 June 2018
This is a matter for the operationally independent Financial Conduct Authority (FCA).
This report was provided to the FCA and the police at the time, in 2014.
The FCA is currently investigating the extent and nature of the knowledge of the discovery of misconduct within HBOS Impaired Assets office in Reading and HBOS’ communications with the regulator after the initial discovery of the misconduct.