The FSA comes under widespread criticism in the report saying its failures in the saga "amount to a serious indictment" of bosses at both the bank and the regulator.
The committee also hit out at the FSA for needing to be strong-armed into producing a report into RBS, published last December.
The FSA originally decided not to produce a report into the RBS collapse until bowing to Parliamentary pressure.
But the committee found the FSA's report did give a fair picture of events surrounding the bank failure and subsequent bailout.
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Corporation demands 'urgent investigation' into claims that outsourced enforcement staff targeted vulnerable people for fees.
The national child abuse inquiry is to hold its first hearing on Monday, beginning with the child migration programme.
Monday will be a breezy day for many, especially in the south.