Question: A financial institution is implementing automated decision-making systems for loan approvals and credit assessments. The AI system will analyze customer financial data, credit histories, and

A financial institution is implementing automated decision-making systems for loan approvals and credit assessments. The AI system will analyze customer financial data, credit histories, and behavioral patterns to make lending decisions with minimal human intervention. The implementation must address multiple regulatory frameworks governing fair lending practices, credit reporting, and automated decision-making across their diverse customer base. Which regulatory framework is most critical for ensuring fair lending practices in this automated system

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