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Annual Report of the Disciplinary Board for 2004
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The Faculty of Actuaries and the Institute of Actuaries deal with complaints about professional misconduct under the terms of their respective disciplinary schemes. Each body s scheme is part of its own Rules and/or Bye-Laws and so there are two separate schemes, and complaints about its own members are investigated under each body s own scheme. But the schemes are virtually identical, the procedures under each scheme are the same, and the same people, including the Board members, hold office under each scheme.