In our ordinary work we continuously bump into new implementation problems, asking ourselves how to practically deal with this or that aspect of Solvency II. To some extent it is physiological, as it always happens when one moves from theory to practice.
I am confident that at the end of the day we will be able to exploit all the benefits of the new regime, while minimizing the implementation costs. BIS central bankers’ speeches  1  Let me briefly touch upon what are – to my understanding – the key points we need to tackle now.