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He said this was a "complex" case and the regulator had "discussed matters at great length with the charity's trustees".
BBC: Glasgow & West Scotland
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While the Treasury Department was not a party to any agreements, we have a great deal of respect for the leadership of each regulator and appreciate their efforts during this extraordinary time.
FORBES: Treasury Under Secretary Robert K. Steel's Remarks On Bear Deal
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There are still a number of uncertainties for Barclays, including whether the Dutch Central Bank -- a regulator that has said it will assess any takeover proposals of ABN with "great meticulousness" -- will support the RBS consortium, and what sort of offer the consortium will come back with.
FORBES: Magazine Article
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Jonathan Heawood, the founder of Wilkes, a new, non-profit parliamentary reporting service (named after a great journalist-politician of the 18th century) worries that it, too, might struggle to surmount the regulator's high hurdles.
ECONOMIST: Philanthro-journalism