The principle of speaking up requires Members to raise concerns, discuss problems and flag particular issues or behaviours. It can range from simply addressing concerns with team members to making formal reports to the appropriate authorities.
Given the technical nature of actuarial work, it is important that actuaries always identify issues to users of their work as these issues might not be as apparent to non-actuaries.
Find out more in our Guidance on the Speaking Up Principle of the Actuaries’ Code. You can read the Guidance online, download a copy, or view the questions below which will take you to the corresponding part of the Guidance:
What is Speaking Up?
Applying the principle to your work
Who do I speak up to?
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For further information contact:
Regulation Team, The Institute and Faculty of Actuaries, Level 2, Exchange Crescent, 7 Conference Square, Edinburgh, EH3 8RA
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Delivered by the IFRS 17 Contractual Service Margin working party.
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