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.
More top news
Davis wants the UK wants to maintain "close, even-handed co-operation" with EU regulatory authorities after it leaves the bloc.
The devices cause dogs to yelp, squeal, crouch and exhibit physiological signs of distress.
A frost-free night for most but chillier than previous nights.