The Banking Inquiry is set for a make-or-break meeting today – which could well determine whether its final report is ever issued.
Members will consider the last possible changes to the final report – parts of which they still haven’t seen.
Parts of the Banking Inquiry’s long-awaited final report have already been scrapped twice – and today members will see the third and final draft of some crucial sections, including the executive summary and recommendations.
But today’s meeting only comes after members were asked to put forward their final proposals for any changes – and that was before they got to see those crucial parts of the document.
Members will only get to see each other’s proposed changes just before today’s meeting.
That means today’s meeting will be crucial in many ways – because only then will it become clear if the members are all on the same page about what they want from the report.
If the signs are good, they’ll be able to sign off on a final draft and send it for legal proofing – but if not, it could lead to a premature end for such a historic and long-awaited report.
