On the procedure for conducting qualification examination for candidates to join an actuary self-regulatory organisation and on the procedure for confirming its passing

The Bank of Russia issued Ordinance No. 3359-U, dated 5 August 2014, ‘On the Procedure for Conducting Qualification Examination for Candidates to Join an Actuary Self-Regulatory Organisation and on the Procedure for Confirming Its Passing’ (hereinafter, the Bank of Russia Ordinance).

The Bank of Russia Ordinance is based on Clause 5 of Part 2 of Article 8 of Federal Law No. 293-FZ, dated 2 November 2013, ‘On the Actuarial Activities in the Russian Federation’.

The Bank of Russia Ordinance establishes the procedure for conducting the qualification examination for candidates to join an actuary self-regulatory organisation (hereinafter, the qualification examination) and the procedure for confirming its passing.

The qualification examination is primarily aimed at confirming knowledge and practical skills required to conduct actuarial calculations of an individual seeking to join an actuary self-regulatory organisation.

The Bank of Russia Ordinance is currently submitted to the Ministry of Justice of the Russian Federation for the state registration.

The reference to the Press Service is mandatory if you intend to use this material.

08.08.2014 00.00.00