1. Final Review Consultation Draft of Proposed Revisions to ISAP 1 - General Actuarial Practice ( 28 April 2026 - 29 May 2026)

Please see the transmittal memorandum from Greg Martin, Chair, Actuarial Standards Committee (ASC) of the IAA, regarding the proposed final draft of the revisions to International Standard of Actuarial Practice 1 – General Actuarial Practice (ISAP 1), together with related amendments to the Glossary.

The proposed final ISAP 1 and related amendments to the glossary were developed by the ISAP 1 Review Task Force of the ASC after considering the comments received on the exposure draft of ISAP 1 published for consultation on 18 September 2025. You will find a detailed consultation report summarizing the comments received with the ASC’s responses to the comments, and the consultation documents linked within the transmittal memorandum. Markups reflecting the changes made to the exposure draft of ISAP 1 and the Glossary are included for information.

The documents provided have been duly approved by the ASC in accordance with Due Process for development of ISAPs.

The documents were also provided directly to all member associations and commenters on the exposure draft to enable them to:

(a) Draw attention to any unintended consequences in the final draft’s wording; and

(b) Determine whether their comments have been appropriately considered in the preparation of the proposed final draft.

We request you to follow the instructions contained in the transmittal memorandum when submitting your feedback.

The deadline to provide feedback is Friday, 29 May 2026. Responses should be directed to isap1.comments@actuaries.org

Please feel free to contact Amali Seneviratne at the IAA Secretariat if you have any questions.

1. Exposure Draft of Proposed Revisions to ISAP 1 - General Actuarial Practice ( 18 September 2025 - 18 January 2026)

Please see the transmittal memorandum from Greg Martin, Chair, Actuarial Standards Committee (ASC) of the IAA, regarding the exposure draft of proposed revisions to the International Standard of Actuarial Practice 1 (ISAP 1) on General Actuarial Practice, and the associated glossary.

The exposure draft has been prepared by the ISAP 1 Review Task Force of the ASC and duly approved by the ASC in accordance with IAA’s due process for developing International Standards of Actuarial Practice.

The deadline to submit comments is 18 January 2026.

Please follow the instructions in the transmittal memorandum and use the comment template provided to submit comments.

For any questions, you may contact Amali Seneviratne, Director Technical Activities, at the IAA Secretariat.

2. Exposure Draft of Proposed IAN 200 on the Application of IFRS S2 Climate Related Disclosures (17 October 2025 - 17 January 2026)

Please see the memorandum from Rade Musulin, Chair - Climate and Sustainability Committee (CSC) of the IAA, regarding the exposure draft of the proposed International Actuarial Note 200 on the application of IFRS S2 Climate Related Disclosures (IAN 200) .

The exposure draft was developed by a subgroup of the Insurance Accounting Committee and the CSC and has been duly approved by the Professionalism Committee in accordance with Due Process for development of International Actuarial Notes.

The deadline to comment on this exposure draft is 17 January 2026.

Please follow the instructions in the transmittal memorandum and use the comment template provided to submit comments.

For any questions, you may contact Meet Pandya at the IAA Secretariat if you have any questions.