Question to the HM Treasury:

To ask Her Majesty’s Government what assessment they have made of the proposal not to publish the Financial Conduct Authority’s report on banking culture outlined in its Business Plan 2015–16; to whom they have communicated that assessment; and what response they have received.

No Treasury Minister or official had any discussions with the FCA before the FCA took its decision to discontinue the review of banking culture included in its 2015-16 Business Plan.

The FCA has published (in response to the Noble Lord’s Freedom of Information request) the dates when it communicated its decision to discontinue this review to other organisations. This response is available on the FCA website.