Publications library
Designated Professional Body Handbook for Licensed Firms [April 2013]
The Institute and Faculty of Actuaries is a Designated Professional Body and the arrangements that it has put together to enable firms, if licensed by the Institute, to enjoy the exemption from authorisation are set out in this Handbook.
Compliance Bulletins
The Institute and Faculty of Actuaries produces DPB Compliance Bulletins on general issues impacting on firms licensed by the Institute and Faculty of Actuaries. Firms are expected to adhere to the guidance included in Compliance Bulletins, unless advised to the contrary.
Full list of Compliance Bulletins
Institute of Actuaries as a Recognised Professional Body
Prior to December 2001, the Institute of Actuaries regulated a number of actuarial firms in its capacity as a Recognised Professional Body. The Institute and Faculty of Actuaries has published a Compliance Bulletin reminding such firms of their continuing obligations regarding the investigation of all complaints relating to the conduct of their investment business during the period that they were licensed by the Institute of Actuaries. For further information please contact DPB@actuaries.org.uk.
Publications by other authorities
Financial Services Authority Papers
Professional firms (pdf) September 2011
Financial crime: a guide for firms June 2011
Anti-money laundering papers
Joint Money Laundering Steering Group
Memorandum of Understanding
Memorandum of Understanding between the Institute and Faculty of Actuaries and the Financial Conduct Authority (March 2013).
The Institute and Faculty of Actuaries is not responsible for the content of the FSA or other documents which are given for information purposes. You should check with the relevant body for the most up to date issue.