The Code of Professional Conduct (“Code”) is the keystone of the profession’s governance regime. It articulates the high standards and principles of professional conduct expected of members of the actuarial profession.
The current version of the Code was issued in November 2009 and, following a recommendation of the Professional Standards Committee (PSC), Council has decided that a review of the Code is appropriate.
About the Taskforce
The Code review is intended to be wide-ranging and comprehensive. The Taskforce will report to the PSC and provide periodic updates to Council. It is expected the Taskforce will:
- consult broadly with all stakeholders and interested parties;
- review code of conduct developments for the International Actuarial Association, other major overseas actuarial bodies and a sample of other Australian professional bodies; and
- cover issues such as whether the Code’s application to: (1) overseas Members is functioning as intended; and (2) Members not practising as an actuary is appropriate.
Taskforce Members - Expressions of Interest Open
The number of Taskforce members has not been pre‑determined. However, it will include a member of the PSC and its membership will be approved by Council.
The ideal candidates will have, as a group, a blend of the following:
- a deep interest in the governance of the profession;
- experience in previous such reviews or in being involved in an ethics/conduct committee;
- a diversity of backgrounds, including experience working in areas where actuaries compete with other professions; and
- a knowledge of disciplinary issues associated with professional conduct.
If you are interested in being considered for membership of the Taskforce, please contact the PSC Secretary, Anne Peters by Friday, 5 February 2016, enclosing a short CV and outline of what experience you could bring to the Taskforce.