Appendix 6: Timeline of original HBOS enforcement case
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Timeline of key enforcement events260 |
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Date |
Event |
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October |
HBOS fails |
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February |
Peter Cummings referred to enforcement |
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March |
FSA appoints investigators |
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May |
FSA Board formally informed of enforcement action |
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March |
Decision taken not to investigate Andy Hornby |
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February |
Enforcement serves PIR on Peter Cummings |
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April |
Enforcement submits case to RDC |
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May |
Lloyds informed that BoS referred to enforcement |
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June |
RDC issues warning notice to Peter Cummings |
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September |
RDC issues warning notice to BoS |
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November - December |
Peter Cummings and BoS submit response to RDC |
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March |
Case against BoS settled, oral representations held at RDC in Peter Cummings’ case |
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May - June |
RDC issues decision notice. Counsel to Peter Cummings indicates intention to pursue judicial review |
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September |
Final notice issued in Peter Cummings case |
260 Source: Andrew Green QC, Report into the FSA’s enforcement actions following the failure of HBOS, 19 November 2015
© Parliamentary copyright 2015
22 July 2016