"John Griffith-Jones was subject to a rigorous appointment process by HM Treasury, " the FCA told BBC News.

BBC: David Cameron will not intervene on HBOS titles

He said the collapse of HBOS raised "significant issues about the conduct" of KPMG and its then chairman, John Griffith-Jones.

BBC: HBOS bosses remain under fire as Sir James resigns posts

Separately, the Financial Conduct Authority (FCA) has defended its appointment of John Griffith-Jones as its chairman following calls for his resignation.

BBC: David Cameron will not intervene on HBOS titles

The judge, Mr Justice John Griffith-Williams, will sum up the case on Thursday morning and will then ask the jury to retire.

BBC: Prestatyn fire deaths trial's closing speeches

The judge, Mr Justice John Griffith-Williams, ordered that none of the evidence mentioned in court during Monday's hearing could be publicly reported.

BBC: Mid Wales

Shareholder action group Pirc has written to the Financial Times, asking that John Griffith-Jones step down from the FCA while KPMG's role is probed.

BBC: HBOS bosses remain under fire as Sir James resigns posts

Reuters: John Griffith-Jones, chairman of KPMG in Europe, said the banking industry is built on confidence and that full disclosure is absolutely fine in a stable environment.

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