There is a need for regulations to mitigate risks: Agustin Carstens
New Delhi, April 25 -- The Bank of International Settlements general manager Agustin Carstens on Thursday said that there is a need for regulations to mitigate the risks arising from collection and use of data, frauds and money laundering. Delivering the CD Deshmukh Memorial Lecture at the Reserve Bank of India in Mumbai, Carstens warned of the increasing concentration of power within large digital companies possess, thanks to the ownership of data....
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