IFoA and FRC set out remits for regulating actuaries

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The Institute and Faculty of Actuaries (IFoA) and the Financial Reporting Council (FRC) have outlined how actuarial regulation will be divided between the two bodies.

A statement on actuarial standards published jointly by the two organisations confirms the IFoA will be responsible for setting ethical standards in the UK, while the FRC has a remit to set technic...

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