Basel II A proposal from the bank and thrift regulators to implement the standardized approach to the Basel II capital rule. The rule would be optional and is designed to enhance risk management at small and midsize banks. Regulators have said they hope to complete the rule by the middle of next year. Published July 29 in the Federal Register. Comments due Oct. 27.QFCs A proposal from the Federal Deposit Insurance Corp. that would require a troubled institution, if notified by the agency, to keep certain records and provide it with information the agency could use to decide how to honor qualified financial contracts with counterparties in a failure scenario. Published July 28. Comments due Sept. 26.
Deposit Balances An interim rule from the FDIC clarifying that the agency uses a bank's deposit balance at the end of each day to calculate the deposits that would qualify for insurance if the bank failed. Published July 17. Comments due Sept. 15.