The Actuarial Standards Board (ASB) establishes and maintains actuarial standards of practice in the United States.
ASOPs provide guidance to actuaries on best practices, ensuring consistency and professionalism in their work.
Actuaries must disclose conflicts of interest to ensure transparency and ethical decision-making.
Actuaries must adhere to ethical standards to maintain public trust and ensure fairness in financial risk assessments.
The CAS Code of Professional Conduct requires actuaries to perform duties with integrity and competence.
Actuaries must disclose and correct errors in their work to maintain professional integrity and accuracy.
