On 2 April 2015, the Central Bank of Ireland (Central Bank) published a consultation paper (CP92) on its proposed actuarial regime and related governance requirements for (re)insurance undertakings under Solvency II. In addition to the actuarial function rules in the Directive, the Central Bank intends to introduce specific Irish requirements in order to retain elements of the existing regime which are not provided for within Solvency II, e.g. actuarial reporting to the Central Bank. In particular, rules set out in the Reserving Requirements for Non-Life Insurers and Non-Life and Life Reinsurers (e.g. relating to peer reviews, reserving policy and reserving committees) are to be retained. With certain exceptions, the proposals outlined in the consultation paper will apply from 1 January 2016 to all (re)insurers subject to Solvency II. Submissions are invited until 29 May 2015.