On 4 November 2010, the Association of British Insurers published an updated version of its Solvency II timeline from 2010 to 2015. It sets out details on the key steps to be taken in the short term, including the coming into effect of the new EIOPA, EIOPA's plan to hold formal discussions on the Solvency II Level 2 advice and Level 3 guidelines (to take place between January and May 2011) and the publication of QIS5 results (to take place between late March and early April 2011).