In the November edition of the Insurance Regulatory Update, we reported that the Central Bank issued a letter to (re)insurers informing them of updates being made to certain sections of the Central Bank website in preparation for the commencement of the Implementing Regulations for Solvency II on 1 January 2016. In that letter, the Central Bank undertook to publish new Solvency II compatible versions of several key documents on or before January 2016. Updated versions of these documents have now been published by the Central Bank including the checklists for completing and submitting life assurance, non-life assurance and reinsurance applications, the Acquiring Transaction Notification Form, the Central Bank’s Principles of Best Practice applicable to the distribution of Life Insurance Products on a Cross-Border basis within the EU or a Third Country and a Guidance note on withholding tax.

A link to the letter is here.