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Russian swimmer Yulia Efimova became the first athlete to announce she would appeal against her ban from next month's Rio Games over doping. Thirteen individual Russian athletes have so far been excluded from the Rio Games -- seven swimmers, two weightlifters, a wrestler and three rowers –- after the International Olympic Committee declined to issue a blanket ban. The decision, which came after the World Anti-Doping Agency uncovered evidence of a widespread, government-backed drugs cheating system in Russia, divided world sport and drew accusations Olympic chiefs were "spineless".
The Treasury Select Committee was formally responding to the publication last November, seven years after the bank's failure during the credit crunch, of two reviews, one by regulators, the other by independent counsel. The counsel's report said the Financial Conduct Authority (FCA) and Bank of England should review a decision by regulators not to act against some 10 executives of HBOS, despite the failure of the lender, which traded under the brands Bank of Scotland and Halifax. Andrew Tyrie, who chairs the parliamentary committee, said the case for placing the FCA's enforcement function in a separate body had been strengthened by the counsel's report.