UK regulators to reopen flawed HBOS investigation

fca-building-25tnc
The FCA

UK regulators are to reopen an investigation of the board members associated with the collapse of HBOS, after a scathing report unearthed multiple failings by both regulators and the bank.

Published today (November 19), the review into the failure of HBOS by the Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) attacks both the "flawed and unbalanced strategy" of the bank, and the "striking" failure of regulators at the time to take action. The FCA and PRA now plan to

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.