On 12 May 2015, the Society of Lloyd's in the UK published a market bulletin consolidating previous advice on data collection requirements under Solvency II. In the December 2014 bulletin, managing agents were informed of the minimum management information to be obtained from policyholders for 'high product risk' products. The consolidated bulletin sets out each of the data collection requirements, including additional information that must be collected from coverholders and third party administrators, and also data that is required for all direct business for 2016 and onwards. The bulletin provides information on what the requirements mean for both managing agents and Lloyd's brokers and the appendices to the bulletin set out the type of information that must be obtained.