It has been reported that Karel van Hulle, head of insurance and pensions at the European Commission, confirmed that Solvency II will come into force in October 2012. Speaking at an Insurance Institute of London lecture at Lloyd’s on 17 March 2010, he denied that there were sound reasons to push back the deadline. This contrasts with reports that a meeting had been scheduled to discuss delaying the implementation of Solvency II and is also at odds with calls from some senior industry figures, such as Thomas Steffen, head of Germany’s insurance regulator, BaFin, for Solvency II to be delayed.