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06 May 2011
BILL KNIGHT, chairman of the Financial Reporting Review Panel, is to review the Financial Services Authority's tardy report into the collapse of RBS.
The former city lawyer and senior partner at Simmons & Simmons will investigate alongside Sir David Walker, a senior adviser at Morgan Stanley, the Financial Times reports.
Further reading
Questions have been raised about the lateness of the report and the FSA's rigorousness in examining its own part in the proceedings.
The FSA had initially promised the finished inquiry in March; the two respected figures are expected to hasten its publication, as well as making their own comments on the proceedings.
Accused of too light a touch in its dealings with the collapsed bank, critics have questioned how management's poor decisions went unchallenged by the FSA at the height of the financial crisis.
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Briefings
By looking at the reasons supplier statements became unfashionable, and the reasons why it is different today, this paper delves into the many benefits that can be obtained by automating the process.
Having a real and true view of your organisation’s current financial position, and having the right systems and processes in place, will ensure that you can make strong choices and are ready to capitalise on opportunities
AccountancyAgeInsight is a frequently updated resource centre for finance professionals, offering a free and easy-to-use digital library of briefings, white papers and other information resources. 
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