FSA has published a letter from Hector Sants to Andrew Tyrie explaining  FSA's brief response to the Treasury Committee's report on the Retail Distribution Review (RDR). The letter says it was not FSA's intention for its brief response to be seen as a peremptory rejection of any element of the Committee's report. Rather, it was intended simply to ensure that the momentum behind the RDR preparations is not lost. It advises that FSA is considering the Treasury Committee's recommendations carefully and intends to submit its full response to the report by the end of September 2011. (Source: Hector Sants Letter to Andrew Tyrie re: RDR Report)