During February, the CBI published information on proposed Regulations (currently under consultation with the Minister for Enterprise, Jobs and Innovation) which will impose a statutory obligation on (re)insurers to comply with reporting requirements for the purpose of Solvency II.   New National Specific Templates (NSTs) have also been published which must be used by (re)insurers (a) with a High impact PRISM rating, (b) which transact variable annuity business or (c) which have significant branches passporting into Ireland.  On 10 February 2016, the CBI published technical specification documents for NSTs 3 to 7 (which apply to high impact non-life undertakings and groups).