3 October 2008 - Set forth below is a summary of the key features of the proposed Basel II standardized approach (Standardized Approach) jointly published in the Federal Register on July 29, 2008, by the Office of the Comptroller of the Currency (OCC), the Federal Reserve Board (FRB), the Federal Deposit Insurance Corporation (FDIC) and the Office of Thrift Supervision (OTS) (collectively, the Agencies).