Worsfold's Wisdom: A look at the crack team leading the LIBOR inquiry

CRACK TEAM

clock

At last we know the identity of those charged with holding banks and bankers to account.

We had to wait a while for the full membership of the Parliamentary Commission on Banking Standards (to give the LIBOR inquiry its full title) to be announced. It finally appeared on the Parliament website late last night. The five MPs on the joint House of Commons/House of Lords committee were announced last week and several toys were immediately thrown out of various prams by people who were not picked. Rumours about the five peers on the Commission started circulating last week but were only confirmed last night. So now we know the full line-up: Andrew Tyrie MP (Con), Chairman ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

'Mounting anxiety' from Autumn Budget leading to more financial advice enquiries

'Mounting anxiety' from Autumn Budget leading to more financial advice enquiries

Enquiries for financial advice up by nearly a quarter following Budget

Sahar Nazir
clock 11 December 2025 • 1 min read
Pension sharing on divorce: Why professionals need to step up on PSOs 25 years on

Pension sharing on divorce: Why professionals need to step up on PSOs 25 years on

'Pensions still remain the most routinely overlooked asset in divorce'

Joanna Newton
clock 10 December 2025 • 4 min read
FCA plans to ensure liquidity mismatches do not 'threaten financial stability'

FCA plans to ensure liquidity mismatches do not 'threaten financial stability'

Although good practice exists

Alex Sebastian
clock 09 December 2025 • 2 min read