What means are available to you that could better reflect your own risk and potentially reduce your capital requirement when using the Standard Formula (SF)? Now that undertakings have made their first annual submission, they can start thinking about ways to better reflect their own risks while using the SF, thus potentially reducing their Solvency Capital Requirement, such as Undertaking Specific Parameters and Loss Absorbing Capacity of Deferred Taxes. It is now too late to get regulatory approval for year-end 2017. But undertakings could start planning for their next submissions.