1-2 of 2 results for subject:"McKillop, Tom"
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House
Session
Year
Department
Member
Primary member
Answering member
Legislative stage
Legislation
Subject
Publisher
To ask Her Majesty’s Government whether, in the light of the Financial Services Authority’s report The failure of the Royal Bank of Scotland, they propose to disqualify Sir Tom McKillop and Sir Fred Goodwin under the Company Directors Disqualification Act 1981.
To ask Her Majesty’s Government whether, in the light of the Financial Services Authority’s report The failure of the Royal Bank of Scotland, they propose to disqualify Sir Tom McKillop and Sir Fred Goodwin under the Company Directors Disqualification Act 1981.
Asked by
Lord Myners
(Labour)
Answered by
Baroness Wilcox
(Conservative)
Type
Written questions
Status
Answered
Answered on
20 December 2011
The Financial Services Authority’s (FSA) report into the failure of RBS refers to the tact that previous material on RBS compiled by PwC was disclosed to officials earlier this year. This information was provided so a view could be taken on whether there was sufficient evidence to suggest that the Secretary of State should take action against any director by way of disqualification. Counsel advised then that it would not be appropriate to bring proceedings on the information contained in that material. Now that the FSA’s report has been published, the Secretary of State has instructed Counsel to provide further advice on what course of action is open.
Subjects
Directors; Disqualification; Royal Bank of Scotland; Goodwin, Fred; McKillop, Tom
Date
20 December 2011
Reference
14316; 733 c345WA
House
House of Lords
Type
House of Commons papers; Select Committee oral evidence;
Parliamentary committees
Committee
Treasury Committee
Subjects
Bank services; Banks; Capital investment; Credit; Financial markets; Government shareholding; Economic situation; Public expenditure; Loans; Regulation; Shares; Stevenson of Coddenham, Lord; Goodwin, Fred; McKillop, Tom; Hornby, Andy
Date
10 February 2009
Reference
HC 144-vii 2008-09
House
House of Commons