International Actuarial Association. Statement of intent for a proposed international standard of actuarial practice on Enterprise Risk Management. Consultation response.
Whilst recognising the importance of the subject, the Institute and Faculty does not support the Statement of Intent (SOI) for a proposed International Standard of Actuarial Practice (ISAP) for actuarial work performed in connection with Enterprise Risk Management (ERM) at this time. The document sets out reasons for this position.