Our Royal Charter, dating back to the 1800s, still provides the constitutional basis for all that we do and for much of our corporate governance.
Under our Royal Charter, we have a duty to regulate the actuarial profession in the public interest. This means that in carrying out our regulatory role, our foremost consideration is what is required to protect the public and how we can ensure that the public has confidence in the work of actuaries.
This applies to all of our regulatory roles, for example, setting the qualifications and admissions criteria, administering professional standards, developing materials to support and educate about professionalism and compliance with standards, operating a Practising Certificates scheme, investigating complaints about the conduct of members, and operating a disciplinary process.
The IFoA鈥檚 policy and public affairs work seeks to inform and influence public policy, legislation and regulation to promote decisions and systems that serve the public interest. We do this by working with our members to promote the relevance and value that actuaries鈥� expertise and long-term perspective can add to the understanding and good management of risks across society and over time.
Our future is shaped by our vision and values. Read about our Constitution.
