Fed Official Calls for Revamp in the Way Financial-Sector Threats Are Assessed
 

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WASHINGTON—Global regulators must revamp the way they assess new threats to the financial system, as the tide of postcrisis rules crests and the financial sector evolves, a top Federal Reserve official said Sunday.

“We cannot be complacent and assume that we are safe from all shocks,” Fed governor Randal Quarles, the central bank’s point man on regulation, said in remarks prepared for a conference in Hong Kong.

Mr….




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