We are paying a lot of attention ... within our existing framework. To the extent you have a machine learning tool that is interacting with customers we want to make sure that the traditional protections are being complied with. Randal Quarles More Quotes by Randal Quarles More Quotes From Randal Quarles A wider use of new types of crypto-assets for retail payment purposes would warrant close scrutiny by authorities to ensure that they are subject to high standards of regulation, the FSB and standard setting bodies will monitor risks very closely and in a coordinated fashion, and consider additional multilateral responses as needed. Randal Quarles technology I think that one of the main issues with CRA is that it has become formulaic over the years, i'd like to take CRA off of autopilot mode. Randal Quarles politics
