Debt Guarantee A proposal by the Federal Deposit Insurance Corp. that would dictate how it would end part of its Temporary Liquidity Guarantee Program. Under the plan, the FDIC would choose one of two options: to let an optional federal guarantee for bank debt expire as planned on Oct. 31, or allow a six-month window to back debt on an "emergency" basis. Expected to be published soon in the Federal Register, with comments due in 15 days.
Off-Balance-Sheet Assets A proposal by the banking and thrift regulators that would implement a June ruling by the Financial Accounting Standards Board that financial institutions must bring many off-balance-sheet assets back on to their books. Under the plan, regulators would require banks to immediately hold higher capital when the rule goes into effect next year. Expected to be published soon in the Federal Register, with comments due in 30 days.