Halifax Bank of Scotland: Loans
(asked on 19th July 2017) - View Source
Question to the HM Treasury:
Her Majesty's Government whether they have made any representations to the Financial Conduct Authority regarding the timetable for investigating lending by HBOS.
This question was answered on 1st August 2017
The Financial Conduct Authority’s (FCA) investigations into lending by HBOS are a matter for the FCA. The independence of the FCA is vital to their role. Their credibility and authority would be undermined if it were possible for the Government to intervene in their decision-making.