Andrew Mountbatten-Windsor passed a confidental Government report to a banker friend, a newly released email appears to show. The disgraced former royal has made numerous appearances in the Epstein Files, which were released by the US Department of Justice at the end of January, resulting in a host of damning allegations.

In a new email seen by The Telegraph, Andrew allegedly requested an update from the Treasury on the financial crisis in Iceland in 2010. He was Britain's trade envoy at the time and reportedly forwarded the details to his friend Jonathan Rowland before advising him to read the report "before you make your next move".

In the new emails seen by The Telegraph, Andrew asked Amanda Thirks, his deputy private secretary, to write to the Treasury's director general of finance Michael Ellam. The UK and Iceland were in a row at the time over British deposits lost in the banking crisis in 2008.

Mr Thirsk said on February 8, 2010: "The Duke of York met with the prime minister of Iceland at Davos and would very much like to receive an update note on the latest position between the UK and Iceland on the matter of the deposits and the deposit scheme."

The reply was forwarded to Andrew who then appears to have passed it to Jonathan Rowland. He was the former chief executive of Banque Havilland who had previously bought assets from a failed Icelandic lender and was connected to a huge investigation at the time.

Andrew allegedly wrote to him: "I pass this on to you for comment and a suggestion or solution? The essence is that Amanda is getting signals that we should allow the democratic process [to] happen before you make your move. Interested in your opinion? A."

Just days before the note was sent, the offices of Kaupthing Bank, which had been purchased by Banque Havilland, had been raided by prosecutors. Many depositors, including some from Britain, lost their access to their cash as a result.

Investigating officers from Thames Valley Police are now considering opening an investigation into the recent findings. Buckingham Palace said it was "ready to support" police as they consider allegations against the former prince.

A Buckingham Palace spokesman said: "The King has made clear, in words and through unprecedented actions, his profound concern at allegations which continue to come to light in respect of Mr Mountbatten-Windsor’s conduct.

"While the specific claims in question are for Mr Mountbatten-Windsor to address, if we are approached by Thames Valley Police we stand ready to support them as you would expect.

"As was previously stated, Their Majesties’ thoughts and sympathies have been, and remain with, the victims of any and all forms of abuse."

A Kensington Palace spokesman added: "I can confirm The Prince and Princess of Wales have been deeply concerned by the continuing revelations. Their thoughts remain focused on the victims."

While being mentioned in the files does not suggest any wrongdoing, Andrew has not commented on them and has always denied any wrongdoing. Meanwhile, Sarah Ferguson's spokesperson previously said she had expressed regret over her association with Jeffrey Epstein.