Terms and Conditions
For all Actuarial Analyst Candidates of CAA Global (other than Student Actuarial Analyst members of the IFoA), you agree to adhere to the Terms and Conditions with Actuarial Analyst Candidates of CAA Global. If you are a Student Actuarial Analyst member of the IFoA, you agree to adhere to the Terms and Conditions with IFoA Student Actuarial Analysts and CAA Global.
Code of Conduct
The principles of the Code of Conduct are:
- Integrity: Actuarial Analyst Candidates will act honestly and with the highest standards of integrity.
- Competence and care: Actuarial Analyst Candidates will perform their professional duties competently and with care.
- Impartiality: Actuarial Analyst Candidates will not allow bias, conflicts of interest, or the undue influence of others to override their professional judgement.
- Compliance: Actuarial Analyst Candidates will comply with all relevant legal, regulatory and professional requirements, take reasonable steps to ensure they are not placed in a position where they are unable to comply, and will challenge non-compliance by others.
- Communication: Actuarial Analyst Candidates will communicate effectively and meet all applicable reporting standards.
Read the full version of the Code.
When does the Code apply?
In order to undertake the Certified Actuarial Analyst qualification (“CAA Qualification”) run by CAA Global, all Actuarial Analyst Candidates are required to agree to a set of terms and conditions set by CAA Global. These terms and conditions regulate Actuarial Analyst Candidates’ participation in the CAA Qualification. One of the conditions is that all Actuarial Analyst Candidates (other than Student Actuarial Analyst members of the IFoA) shall adhere at all times to the Code and Disciplinary Scheme of CAA Global.
The Code applies at all times to Actuarial Analyst Candidates’ conduct in their day to day work and is taken into consideration where Actuarial Analyst Candidates’ conduct in other contexts could reasonably reflect on the actuarial analyst profession.
Student Actuarial Analyst members of the IFoA shall remain subject to the regulation of the IFoA, including the Actuaries’ Code and Disciplinary Scheme of the IFoA, both of which are available on the IFoA’s website.
How does the Code apply?
Where an Actuarial Analyst Candidate’s conduct is called into question, failure to observe the Code may be taken into account by a Disciplinary Panel.
If you have any questions about your obligations under the Code you may wish to submit your query to the firstname.lastname@example.org.
Changes to the Code
CAA Global may, from time to time, make reasonable and necessary revisions of the Code. Any revisions of the Code will be published in advance of taking effect on this website. It is the responsibility of all Actuarial Analyst Candidates to make all reasonable efforts to keep up to date with any changes to the Code.
CAA Global Limited’s (CAA Global) disciplinary process is defined within the Disciplinary Scheme
The Disciplinary Scheme sets out the procedures for investigations and hearings and the definition of misconduct.
All Actuarial Analyst Candidates, other than Student Actuarial Analyst members of the IFoA (who will remain subject to the IFoA’s Disciplinary Scheme), are subject to and agree to adhere to the Disciplinary Scheme at all times.
Download CAA Global’s Disciplinary Scheme (effective from 27 February 2017).
The Disciplinary Scheme defines misconduct as:
“any conduct by an Actuarial Analyst Candidate, in the course of carrying out professional duties or otherwise, constituting failure by that Actuarial Analyst Candidate to comply with the standards of behaviour, integrity, competence or professional judgement which other Actuarial Analyst Candidates or the public might reasonably expect of a Actuarial Analyst Candidate having regard to any code, advice, guidance, memorandum or statement on professional conduct, practice or duties which may be given and published by CAA Global Limited, or any other requirements that CAA Global Limited deems appropriate from time to time, and to all other relevant circumstances.”
How to make a complaint about an Actuarial Analyst Candidate
If you are considering making a complaint about an Actuarial Analyst Candidate, we recommend that you first read our note “How to complain about a Candidate”.
If you wish to make an allegation, you can use this form to help you. You do not need to use this form, but allegations must be made in writing and clearly set out what the Candidate is alleged to have done. Allegations should be sent to;
The Disciplinary Investigation Team
c/o Institute and Faculty of Actuaries
Level 2 Exchange Crescent
7 Conference Square
For further information please contact the Disciplinary Investigation Team of CAA Global on +44 (0) 131 240 1324
We have produced the following range of information notes about the CAA disciplinary processes;
- How to complain about a Candidate
- Information for Candidates who are facing an allegation under the Disciplinary Scheme of CAA Global Limited
- About Adjudication Panels – information for the person who made the allegation
Further information notes will be issued shortly and be published here.
Guidance for Disciplinary Panels
The Board of CAA Global has produced guidance for Panels operating under the Disciplinary Scheme of CAA Global. This guidance does not override any provision of the Disciplinary Scheme. Further guidance is shall be issued and published here.
- Guidelines for panel members on the civil standard of proof
- Indicative Sanctions Guidance Note
- Decision on the maximum fine at Adjudication Stage
- Guidelines for Disciplinary Tribunal Panels and Appeal Tribunal Panels on the award of costs
- Guidance on Publication
Changes to the Disciplinary Scheme
CAA Global may, from time to time, make reasonable and necessary revisions of the Disciplinary Scheme. Any revisions of the Disciplinary Scheme will be published in advance of taking effect on this website. It is the responsibility of all Actuarial Analyst Candidates to make all reasonable efforts to keep up to date with any changes to the Disciplinary Scheme.
If you have any questions about your obligations under the Disciplinary Scheme please contact us on email@example.com or call +44 (0)131 240 1324.