FRC publishes updates to TAS 100
Monday, 06 March 2023
Version 2.0 of Technical Actuarial Standard 100 (TAS 100) and the accompanying advice were released today by the Financial Reporting Council (FRC). The revised version of the Standard fills any known gaps in actuarial work's quality and updates it to suit contemporary actuarial practises.
The updated standard adds a new requirement that actuarial practitioners must take into account all pertinent material risks, such as risks connected to climate change and ESG, that they may reasonably be expected to be aware of at the time of performing their work.
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