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Professional Affairs Committee

Professional Affairs Committee provides oversight on professional standards development and enforcement within the Singapore Actuarial Society.

What We Do

The Committee’s objectives and responsibilities
  • Organize Practising Certificate Seminars at least annually
  • Be responsible for proposing and drafting effective and efficient Standard of Professional Conduct, Standard of Actuarial Practice and associated glossary, Standard of Continuous Professional Development, and the Disciplinary Scheme
  • In relation to Standard for a specific practice area, review any such new Standard, or any change to any such existing Standard proposed by the relevant practice committee(s)
  • Monitor members compliance with Standard of Continuous Professional Development
  • Provide advice to Council, upon Council’s request, in relation to any case related to any member of SAS arising from the Disciplinary Scheme

Who We Are

Committee members

Vacant

Chair

Richard HOLLOWAY

Member

Mehul DAVE

Member

Xuefei

Member

What We Are Working On

From 1 January 2015 members have been required to hold a Practising Certificate before they take up Appointed Actuary and Certifying Actuary roles. For these members, they are required to attend a formal Practising Certificate Seminar which will be arranged by SAS from time to time. The initial three year grandfathering period expires on 31 December 2017.

Members are required to update their Practising Certificate as it expires. SAS will not notify members where their certificates are about to expire. SAS will hold two Practising Certificate Seminars a year (normally in May and November)