Conflict of interest policy
Requirements and procedures for preventing, identifying and resolving conflicts of interest in the activity of the governing bodies, staff and members of the QCA.
Council members, the Executive Director and committee members annually disclose their employment, property and consulting ties.
Membership of the QCA Council is limited to no more than two consecutive terms to prevent the concentration of influence.
Examinations, assessment of qualifications, certification and ethical oversight are fully separated from one another.
A person who is the subject of a matter involving a conflict of interest does not take part in the discussion or vote.
Actuaries may not provide services involving a conflict of interest (for example, reviewing their own calculations), except where all three conditions are met:
The ability to act objectively and impartially is not impaired;
The potential conflict is fully disclosed to all affected principals;
Express written consent to proceed has been obtained from all parties.