The rules about what constitutes Regulated Activities can be found in:
- The Regulated Activities Order (Statutory Instrument 2001, No 544) as amended, and
- The Non-Exempt Activities Order (Statutory Instrument 2001, No 1227) as amended.
As a DPB, the IFoA is able to licence certain actuarial firms to carry out some restricted activities without the firms necessarily being authorised by the Financial Conduct Authority (FCA), providing they obtain a DPB licence from the IFoA
As well as granting licences, the IFoA's DPB Board issues guidance to authorised firms and deals with any complaints about firms acting under a DPB licence.
The DPB Board has published a guide to explain how the licence regime operates.
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For more details, or to make an application or enquiry, please email or write to the DPB Manager
DPB Manager, Institute and Faculty of Actuaries, Level 2 Exchange Crescent, 7 Conference Square, Edinburgh, EH3 8RA