On 20 August 2010, the FR published its first Solvency II newsletter. This is the first in what is to be a series of newsletters on the topic, to be published quarterly. The purpose of the newsletter is to inform and update insurers and reinsurers in relation to Solvency II-related developments and issues. The current edition provides details on a number of items including the FR's recent Solvency II activities, details concerning QIS5, an update in relation to internal models and the appropriate contact details in the FR for firms. In the newsletter, the FR has again stressed the importance of engagement between the FR and industry and the importance for firms of keeping abreast of Solvency II developments. Firms are invited to give their feedback on the form and content of the newsletter.