1) PROFESSIONAL INTEGRITY : Act honestly, with integroty and competence
2) QUALIFICATION STANDARDS : only when qualified
3) STANDARDS OF PRACTICE : Actuary must follow
4)- 6) COMMUNICATION AND DISCLOSURE:
, A) Acturial communication clear, appropriate for cirscumstance/audience and satisfy standards of practice
, B) Identify principals for whom communication is issued and capacity actuary serves
, C) Disclose compensation received from other party for project
7) CONFLICT OF INTEREST: No conflict of interest involvement unless can act fairly, conflict disclosed to all parties and all aprties agree to service performance
8) CONTROL OF WORK PRODUCT : take reasonable steps to ensure actuarial services not used to mislead others
9) CONFIDENTIALITY: not disclose confidential information unless permitted or required by law
10) COURTESY AND COOPERATION : Perform services with others in principal's interest with courtesy and must provide information to new /additional actuary
11) ADVERTISING : No advertising that is false or misleading
12) TITLES AND DESIGNATIONS : Use of title only if conforms with organization practice
13)-14) VIOLATIONS OF CODE OF PROFESSIONAL CONDUCT:
, A) Try to discuss violation with other actuary
, B) If unsuccessful, must disclose to disciplinary body
, C) Must respond truthfully and promptly to disciplinary body