On 2 April 2015, the Society of Lloyd's in the UK published its first market supervisory plan, which aims to provide managing agents with a summary of how Lloyd’s is planning on supervising the market.  A key priority includes ensuring that managing agents are prepared for Solvency II.  Lloyd's approach to market oversight includes reviewing and monitoring syndicate business plans.  It also intends to conduct thematic reviews during 2015 in areas such as (a) reserve adequacy and (b) governance, risk and operations.