Quarles signals plans for US regulatory revamp

Randal Quarles
Randal Quarles, Federal Reserve
Photo: US Federal Reserve

Randal Quarles shed light on the direction US rulemakers are likely to take in revamping post-crisis regulations during remarks on January 19.

The Federal Reserve vice-chair for supervision said the central bank’s staff were still conducting a detailed analysis of what changes were needed and their potential impact. But he said he was ready to begin outlining some initial areas of focus, pitched at making the rules simpler, more transparent and better tailored to individual banks.

Quarles has

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