The Central Bank of Ireland (Central Bank) recently published the latest edition of its Solvency II newsletter.  Amongst other matters, the newsletter highlights that (a) the Central Bank will be accepting formal internal model applications from 1 April 2015, (b) following its consultation on national specific (reporting) templates (NSTs), the Central Bank has decided that only high impact and variable annuity undertakings are required to provide NSTs, (c) the Central Bank is exploring opportunities for reducing reporting burdens on (re)insurers and will soon be introducing national specific templates for statistical purposes as a first step towards streamlining reporting and (d) the Central Bank has issued a number of practical recommendations in relation to the format of applications for internal models.