On 10 August 2015, the Bank of England and the Prudential Regulation Authority (PRA) launched a consultation (CP25/15) on a draft supervisory statement on compliance with the Implementing Technical Standards (ITS) for both supervisory reporting and public disclosures. This confirms the PRA's intended approach (and expectations of firms) in areas such as reporting currency, exchange rates and reporting of external credit ratings.  Comments are invited until 21 September 2015.  On 17 August 2015, the PRA published final supervisory statements (SS36/15 and SS37/15) in relation to Solvency II reporting codes.  Amongst other matters, life assurers must submit information using a defined list of life product reporting codes.  Lists of internal model reporting codes and components have also been published (and these must be built into firms' internal models).