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Actuarial Standards Committee

The purpose of the Actuarial Standards Committee is to develop and maintain all International Standards of Actuarial Practice (ISAPs) which are model standards of actuarial practice.

Gregory Martin

Chair

Greg Martin

Luc Farmer

Vice-Chair

Luc Farmer

Philip Simpson

Vice-Chair

Philipp Simpson
  • Maintain a framework dealing with the scope and architecture of ISAPs, taking into consideration standard-setting practices of IAA Member Associations and other relevant standard setting bodies.
  • Prepare Statements of Intent (SOI) to develop ISAPs for specific purposes and make them available for comments to Member Associations, relevant IAA bodies and external stakeholders as appropriate.
  • Develop, in accordance with the Due Process and final SOIs adopted by Council, exposure and final drafts of ISAPs and make them available for comments to Member Associations, relevant IAA bodies and external stakeholders as appropriate.
  • Provide periodic review of ISAPs and determine whether they are in need of alteration, expansion or elimination and make proposals accordingly.
  • Establish task forces as appropriate to assist in the delivery of these objectives.
  • To assist relevant IAA entities, notably the Professionalism Committee and the Advice and Assistance Committee, in encouraging FMAs implementing and maintaining ISAPs.

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