Aiyar, Shekhar; Calomiris, Calomiris , Charles W; … - Bank of England - 2012
, regulators have imposed time-varying, bank-specific minimum capital requirements since Basel I. Over the 1998-2007 period, UK …-regulated banks reduced lending in response to tighter capital requirements. But non UK-regulated banks (resident foreign branches … UK-resident banks. But they also affirm the importance of cross-country co-operation on macroprudential policies. …