On 29 October 2015, the Central Bank published the latest edition of its Solvency II Matters newsletter.  In particular, this highlighted the areas the Central Bank is prioritising before Solvency II implementation.  These include  approval of internal model applications (formal approval can only be given once Solvency II has been transposed; notably, the Central Bank expects this in early November), issuing revised conditions of authorisation to (re)insurers, processing applications for new PCF roles and reviewing the guidance and requirements on its website.