Status: Please note you should read all Brexit changes to the FCA Handbook and BTS alongside the main FCA transitional directions. Where these directions apply the 'standstill', firms have the choice between complying with the pre-IP completion day rules, or the post-IP completion day rules. To see a full list of Handbook modules affected, please see Annex B to the main FCA transitional directions.

SUP 4.4 Appropriate actuaries

Appropriate actuaries' qualifications

SUP 4.4.4RRP

A firm must not appoint as appropriate actuary an actuary who has been disqualified by the FCA5 under section 345 of the Act (Disciplinary measures: FCA) or the PRA under section 345A of the Act (Disciplinary measures: PRA5) from acting as an actuary either for that firm or for a relevant class of firm.

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SUP 4.4.5GRP

If it appears to the FCA4 that an appropriate actuary has failed to comply with a duty imposed on him under the Act, it may have the power to and5 may disqualify him under section 3454 of the Act. A list of actuaries who have been disqualified may be found on the FCA5 website (http://www.fca.org.uk5).

5553325555

2

Specific duties of the appropriate actuary 2

SUP 4.4.6RRP

An appropriate actuary must carry out the triennial investigation and prepare an abstract of the report as required by the PRA Rulebook4.

SUP 4.4.7G

[deleted]

2
SUP 4.4.8R

[deleted]

2
SUP 4.4.9G

[deleted]

2