Professional standards for the actuarial function under Solvency II

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<title>Professional standards for the actuarial function under Solvency II</title>
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<namePart>Groupe Consultatif Actuariel Européen</namePart>
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<publisher>Groupe Consultatif Actuariel Européen</publisher>
<dateIssued>2018</dateIssued>
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<abstract displayLabel="Summary">This paper the Groupe Consultatif (the Groupe) responds more fully to the options regarding technical and other standards for the persons carrying out the actuarial function which were discussed in CEIOPS Consultation Paper CP33 on Level 2 Implementing Measures for Solvency II: System of Governance.  The Groupe recommends that both public interest standards and technical standards should be formulated, in order to ensure high quality protection of policyholders and to facilitate convergence of professional practice throughout the European Union.  These standards would be applicable both for actuaries and for others who may be appointed to carry out the actuarial function, and would have relevance to other actuarial
responsibilities in the undertakings. </abstract>
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<topic>Solvencia II</topic>
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<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080549497">
<topic>Actuarios</topic>
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<topic>Profesionales especializados</topic>
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<topic>Normas técnicas</topic>
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<geographic>Unión Europea</geographic>
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