As fall arrives and football returns, banking headlines seem removed from the daily challenges and operations of community banks.

The industry’s largest institutions await the Financial Stability Oversight Council’s identification of “systemically significant” financial companies and some insight into how these companies would divest themselves of operations in times of market and liquidity stress. There is great anticipation as to whether the Federal Reserve’s capital proposals required by Dodd-Frank will add further complexity to the already pending new capital requirements--the Basel III rules, the market, operational and counter-party risks and the counter-cyclical buffer. Also coming are proposed regulations for the Volcker rule restricting bank proprietary trading and bank investments in or sponsoring hedge funds and private equity funds. It is no surprise that major technology vendors are reported to be ramping up to offer the larger financial companies even more sophisticated financial risk analysis platforms with models to project loan defaults, liquidity crises or other stress-related events.