Standards, Freedoms & Professionalism

Standards, Freedoms and Professionalism Committee

Chairperson: David Martin











Terms of Reference


Peter Prieler Aktuarvereinigung Österreichs
Karel Goossens Institut des Actuaires en Belgique/Instituut van Actuarissen en Belgie (IA|BE)
Angel Videnov Bulgarian Actuarial Society
Ian Morris Channel Islands Actuarial Association
Mirjana Cesarec Hvratsko Aktuarsko Društvo
Nicos Koullapis Cyprus Association of Actuaries
Jan Svab Česká Společnost Aktuárů
Peter Melchior Den Danske Aktuarforening
Kati Hoop Eesti Aktuaaride Liit
Esko Kivisaari Suomen Aktuaariyhdistys
Thomas Béhar Institut des Actuaires
Dieter Köhnlein Deutsche Aktuarvereinigung
Marianna Papamichail Hellenic Actuarial Society
Gábor Hanák Magyar Aktuárius Táraság
Steinunn Gudjonsdottir Félag íslenskra tryggingastærðfræðinga
Yvonne Lynch Society of Actuaries in Ireland
Gennaro Olivieri Istituto Italiano degli Attuari and Consiglio Nazionale degli Attuari (ISOA)
Inga Helmane Latvijas Aaktuãru Asociãcija
Rokas Gylys Lietuvos Aktuarų Draugija
Matthias Foehr Association Luxembourgeoise des Actuaires
to be confirmed Malta Actuarial Society
Jan Kars Het Koninklijk Actuarieel Genootschap
Gunn Albertsen Den Norske Aktuarforening
Wojciech Mojzuk Polskie Stowarzyszenie Aktuariuszy
José Manuel Mendinhos Instituto dos Actuarios Portugueses
Razvan Carstoiu Asociatia Romana de Actuariat
Igor Zoric Udruženje Aktuara Srbije
Maria Kamenarova Slovenská spoločnost’ aktuárov
Jernej Merhar Slovensko Aktuarsko društvo
Luis Sáez de Jáuregui Instituto de Actuarios Españoles
Xavier Plana Col.legi d’Actuaris de Catalunya
Jan-Åke Persson Svenska Aktuarieföreningen
Lutz Wilhelmy Association Suisse des Actuaires
Marion James Actuarial Society of Turkey
Emma Potter Institute and Faculty of Actuaries
David Martin (Chairperson) Institute and Faculty of Actuaries
Antonina Redka Society of Actuaries of Ukraine

Terms of Reference

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  1. The role of the Committee is:
    1. To keep under review, in so far as they affect the profession of actuary, the freedoms established under the Treaty of Rome regarding the movement, establishment and provision of services throughout the member states of the EU and corresponding opportunities for actuarial practice in the other countries represented by Full Member Associations of the AAE.
    2. To have overall responsibility for the activity of the AAE with regard to professional conduct, Actuarial Standards of Practice and technical guidelines which may affect actuarial work performed by individual members of Member Associations and to liaise with, advise, make recommendations to and cooperate with other organisations which may promulgate or are stakeholders
      to a process of development and/or promulgation of standards or guidelines for actuaries.
    3. To consider all other issues not specifically reserved to other Committees of the AAE or referred to in the terms of reference for the Officers/Board of Directors and the secretariat, and to make recommendations thereon to the General Assembly.
    4. To take such interim decisions it considers necessary, subject to ratification by the General Assembly.
  2. In particular, the Committee will:
    1. Having regard to the rights established under the Treaty of Rome:
      • to move freely between Member States in order to take up and pursue a contract of employment;
      • of freedom of establishment, in order to take up and pursue the activities of self-employed persons in the Member States;
      • of freedom to provide services (including professional activities) in the Member States;

      consider and make submissions on EU legislation relating thereto and to the qualifications required and formal recognition, insofar as they may affect the profession of actuary and the performance of actuarial services.

    2. Consider issues relating to the professional conduct of actuaries and the provision of actuarial services in Europe and make recommendations to the General Assembly as appropriate.
    3. Develop, make recommendations to the General Assembly and keep under review the Code of Conduct and the Agreement on the Mutual Recognition of Qualifications.
    4. Advise the Officers/Board of Directors about matters relating to the strategy and business planning, the general operation and the committee structure of the AAE.
    5. Consider and make recommendations to the General Assembly regarding the need for Actuarial Standards of Practice or practice guidelines to be developed, adopted or issued by the AAE, as well as recommending to the General Assembly an appropriate due process for the development and adoption of any such standards or guidelines.
    6. In the light of any decision by the General Assembly to develop an Actuarial Standard of Practice or practice guideline, or to adapt or adopt a standard or guideline issued by some other body, to oversee the development of and completion of due process for the standard or guideline and to submit for approval any recommendation relating to an Actuarial Standard of Practice or practice guideline to the General Assembly.
    7. In order to assist in carrying out its responsibilities in relation to Actuarial Standards of Practice under 1(ii), 2(v) and 2(vi), establish and appoint members to a Standards Project Team, which may include participating (but non-voting) observer members who are not actuaries, and which will be responsible for drafting and due process under the Committee’s oversight.

March 2011

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