Salvatore Rossi: The launch of Solvency II – the implementation of the new regime: open issues, implications for business models, and effects on institutional and financial communication *  *  *  Keynote address by Mr Salvatore Rossi, Senior Deputy Governor of the Bank of Italy and President of IVASS (Istituto per la Vigilanza sulle Assicurazioni), at the IVASS Conference 2016, Rome, 3 March 2016.
We must maintain the appropriate balance between the need to take immediate action commensurate with the gravity of today’s situation and the equally undeniable obligation to return to a path that is sustainable in the medium to long term.