Andrew Tyrie

Tyrie chaired the Treasury Committee from 2010 to 2017 and, after the LIBOR scandal, the Parliamentary Commission on Banking Standards, a joint committee with unusual powers including the use of counsel to question witnesses. Its 2013 report led to the senior managers regime, making named bankers personally accountable, and a new criminal offence of reckless misconduct in managing a bank. He also pushed the Treasury Committee to hold pre-appointment hearings for Bank of England officials.