§ Lynne JonesTo ask the Chancellor of the Exchequer if he will make it his policy to publish the Penrose report on Equitable Life in full as soon as it is received. [123808]
§ Mr. BoatengLord Penrose's report will be published as soon as practicable after it is received.
It is the Government's intention to publish Lord Penrose's report in full if it is at all possible to do so. However, parts of the report may be subject to legal and commercial confidentiality restrictions. For example, it is a criminal offence for confidential information received by regulators in the course of their duties to be disclosed to a third party except under certain, narrowly specified, conditions.