For the time being, we have to work together in order to make the implementation of Solvency II as smooth and effective as possible, also for the purpose of strengthening the insurance sector and make it capable of resisting the present headwinds and catch the opportunities of tomorrow. Thank you for your attention. BIS central bankers’ speeches  3
As capital adequacy is critical in determining a banking organization's ability and willingness to lend, the joint statement emphasizes the need for careful capital planning, including setting appropriate dividend policies.