6 December 2021
The Institute and Faculty of Actuaries (IFoA) and the Institute of Actuaries of India (IAI) have issued a joint statement on 06 December 2021 announcing the signing of a Mutual Recognition Agreement.
A mutual recognition agreement (MRA) is a reciprocal agreement between the Institute and Faculty of Actuaries (IFoA) and another actuarial body that recognises each other’s professional qualifications.
Following the introduction of Curriculum 2019 by the IFoA, the IFoA and IAI undertook a thorough, joint review of our Mutual Recognition Agreement, a reciprocal agreement between actuarial bodies, which recognises each other’s professional qualifications.
The Mutual Recognition Agreement (MRA) between the IFoA and IAI ensures educational equivalence between qualifications covered by the MRA, enabling our members to gain recognition of the professional qualifications they have achieved.
You can read the joint statement from IFoA President Louise Pryor and IAI President Subhendu Bal on our website.
If you would like to find out more about the benefits of mutual recognition or speak to our India team you can contact us for more information.