PRA updates on Solvency 2: PRA has published a new update on the preparations for Solvency 2 implementation. It will hold a conference on 17 September to cover the IMAP application process, reporting and the use of the standard formula, as well as updating on policy and supervisory approach issues. The update also includes a more detailed timetable of actions that will be taken during the last quarter of the year. (Source: Solvency Update