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Title
The international transmission of bank capital requirements: evidence from the United Kingdom.
Abstract
A summary of the research paper "Working Paper No. 497" written by banking staff Charles Calomiris, John Hooley, Shekhar Aiyar, Tomasz Wieladek, and Yevgeniya Korniyenko for Great Britain's central bank, the Bank of England is presented. Topics discussed include the effect of the 2008 financial crisis on macroprudential regulation, capital requirement changes, and the effect of minimum capital requirements on affected banks.