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The Actuaries' Code Principle 4 - Compliance

Please note that the information contained on this page relates to one of the principles of the revised Actuaries' Code. The revised Code will come into force on 18 May 2019. The existing Actuaries' Code will continue to apply until then.

Principle 4 - Compliance 

4. Members must comply with all relevant legal, regulatory and professional requirements.

4.1   Members must take reasonable steps to ensure they are not placed in a position where they are unable to comply.

4.2   Members must, as soon as reasonably possible, disclose to the Institute and Faculty of Actuaries any conviction, adverse finding, judgement or disqualification of the type referred to in rules 4.8 to 4.11 of the Disciplinary and Capacity for Membership Schemes of the Institute and Faculty of Actuaries to which they are subject.

The IFoA is developing non-mandatory Guidance to accompany the revised Code, which will include material on compliance. The final version of the Guidance will be published by early Spring 2019.

In the meantime, you can access the IFoA's existing suite of non-mandatory guidance.  

Read the revised Actuaries' Code

Contact Details

For further information contact:

Regulation Team, The Institute and Faculty of Actuaries, Level 2, Exchange Crescent, 7 Conference Square, Edinburgh, EH3 8RA