Self-Assessment Form for Full Member Associations

Name of Association:  
Name of person completing the form:  

  Section B: GENERAL  

Your association’s governing documents (i.e., Statutes), Code of Professional Conduct and Professional Discipline Process must accompany this completed form.

If your Association issues Standards of Practice, the document describing the process for issuing standards of practice must also be sent in.  

All documents must be sent in the original language and preferably in electronic format to  When the original language is not English or French, an English or French translation must accompany this form and will be used for assessment purposes.  In the case of a translation, all references in this form should be made to that version.

On behalf of the association, I confirm that the following documents accompany this form. 

Governing documents (i.e., Statutes)   Code of Professional Conduct 
Professional Discipline Process   Standards of Practice Process

Other documents supporting the form

Please list documents:


On behalf of the Association, I confirm that its governing documents (i.e., Statutes) fulfill the IAA requirements for items a to g below and have indicated as a reference the relevant paragraph in the association’s documents.

    Yes No Document Reference:


Develop the role and enhance the reputation and recognition of the actuarial profession and individual actuaries;



Promote high standards of professionalism among actuaries;



Ensure that the public interest is served;



Advance the body of knowledge of actuarial science and its application;



Further the personal professional development of actuaries;



Promote mutual esteem and respect amongst actuaries;



Provide a forum for discussion among actuaries.


An IAA Full Member Association must have a Code of Professional Conduct in place.  Its provisions need not use identical language, but should be consistent with the principles described in the provisions of Article 2.2.2 (f) i – xi of the Internal Regulations described below, except that an Association’s code need not include provisions whose description contains optional language, such as “An Association may” or “for example”. An Association may provide additional guidance in its Code of Professional Conduct provided that the additional guidance does not reduce any of the obligations set forth below.

Please provide references to where the following provisions appear in the association’s documents (include page/clause).




Document Reference:


An actuary shall perform professional services with integrity, skill and care.




An actuary shall fulfil the actuary’s professional responsibility to any client or employer.




An actuary shall act in a manner that fulfils the profession's responsibility to the public.




An actuary shall act in a manner that upholds the reputation of the actuarial profession.




An actuary shall not engage in any advertising or business solicitation with respect to actuarial services that the actuary knows or should know is false or misleading.




An actuary shall co-operate with others serving the actuary’s client or employer.




An actuary shall not disclose to another party (unless authorized by the client or required by the discipline process of the actuary’s association, but subject to what is required by applicable laws) confidential information (that is, client information that is not in the public domain and of which the actuary becomes aware as a result of providing actuarial services).




An actuary shall perform professional services only if the actuary is competent and appropriately experienced to do so.




An actuary is responsible for ensuring that the actuary’s work conforms to applicable practice standards in the actuary’s area of work.




An actuary must take into account relevant mandatory practice-related guidance issued or endorsed by the actuary’s association, and may take into account any non-mandatory practice-related information that is so issued or endorsed.




An actuary must be familiar with the current requirements of the applicable code(s) of professional conduct.




An actuary shall, in communicating professional findings, show clearly that the actuary takes responsibility for them.




An actuary shall indicate the extent to which the actuary or other sources are available to provide the client or employer with supplementary information and explanation about scope, methods and data in relation to the work performed.




An actuary shall, in communicating professional findings, identify the client for whom these findings are made and the capacity in which the actuary serves.




An actuary shall not perform professional services where the actuary is involved in an actual or potential conflict of interest, unless the actuary’s ability to act fairly is unimpaired and there has been full disclosure to the client and all principals of the actual or potential conflict.




When an actuary is asked to take on professional services previously provided by another actuary, the actuary shall consider whether it is appropriate to consult with the previous actuary to ensure that there are no professional reasons to decline taking on this new responsibility.




An actuary shall disclose to the actuary’s client the sources of material compensation or income from any other source that is related to any service provided for a client as soon as such a source is identified.




An actuary shall be subject to the disciplinary procedures prescribed in the rules of the actuary’s association, and, subject to the right of appeal within those rules, shall accept any judgment passed or the decision of any appeal procedure.


An Association’s Code of Professional Conduct may include other provisions, as long as they are not contradictory to those specified above. Especially, an association may include a number of provisions specified in Article 2.2.2 of the IAA Internal Regulations as optional.  For each provision, please specify whether you have included it (or any provision corresponding to it) in your Code of Professional Conduct.  The optional provisions set out below are additions to the corresponding provisions outlined in a., d. and h. above.



Yes No

Document Reference:

i 1.

The Full Member may provide more specific guidance if it wishes to do so (for example, it may indicate that an actuary could consider advising a client or employer where a proposed course of action would, in the opinion of the actuary, be contrary to the public interest).

iv 1. The Full Member may permit its actuaries to operate otherwise in defined and specific circumstances (for example, where an actuary is working with another actuary who is fully competent and with the appropriate experience, or where the client would be disadvantaged if available advice was denied).
viii 1. The Full Member may also require that an actuary may not perform professional services under these circumstances unless the client and all principals have expressly agreed that the actuary may do so.


An IAA Full Member Association must have a disciplinary process in place, consistent with the requirements set out in Article 2.2.2 (g) i - v of the IAA Internal Regulations.

Please provide references to where the following provisions appear in the association’s documents (include page/clause).




Document Reference:


There is a complaint process accessible to anyone affected by an actuary’s work and the actuary’s professional peers.




There is due process of defense available to the actuary complained against, and the actuary’s rights are fully respected.




There is an objective formal appeal process independent of the body that has ruled at the prior level.




There are available sanctions appropriate to the seriousness of the violations committed, including termination of membership in the association.




The process shall enable the association to give appropriate notice and information to the public of the results of the complaint process where any penalty is imposed, including providing information to other actuarial associations. Any notice to the public shall be consistent with the discipline process.



If the Association adopts recommended standards of practice, it must have in place a formal process for adoption which meets the IAA Internal Regulations criteria set out in Article 2.2.2 (h) i - v. If this is applicable to your Association, please provide references to where the following provisions appear in the association’s documents (include page/clause).




Document Reference:


The proposal to consider a possible standard follows an established process.




The proposed standard is available to actuaries who are members of the association, and where relevant, to third parties for comment.




Comments on the exposure draft shall be duly considered.




Upon adoption of the standards, they are to be disseminated by an authority vested with such powers.




The standards are published and made available to practicing actuaries who are members of the Full Member.


  Section F: COMPLIANCE  

If your association is not in compliance with any or part of these requirements, please explain your association’s proposed plan of action, including a timeline, for bringing its documentation into compliance with the IAA requirements.