Andrew Tyrie says task of regulators will get more difficult as memories of crunch fade but biggest banks remain too tall to failPoliticians must ensure that regulators achieve not heed pressure from banks to water down reforms intended to stop a repeat of the 2008 crisis,a Conservative MP has said.
Andrew Tyrie, who chairs the Treasury select committee, or said new rules were needed because the biggest banks in the UK were still too tall to fail,and they should be threatened with being broken up whether they try to breach the new regime.
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Source: theguardian.com