About the ASOC | Actuarial Standards Oversight Council

Message from Chair

Welcome to the website of the Actuarial Standards Oversight Council (ASOC), which aims to answer your questions about the council’s activities, meetings, and members.

ASOC was formed in 2007 by the Canadian Institute of Actuaries (CIA), in keeping with the Institute’s Guiding Principle 1: the actuarial profession’s duty to the public is held above the needs of the profession and its members.

Canada’s actuarial standards are established by the Actuarial Standards Board (ASB) and must be regularly reviewed to incorporate technical, financial, environmental, and legislative changes. ASOC’s role is to ensure that the entire process to develop and review those standards satisfies the public interest, i.e., that the process is objective and is independent from any conflicts and pressures.

The ASB’s members deal with many complex and diverse issues. The members of ASOC are highly experienced professionals with diverse backgrounds that bring a broad perspective, from the points of view of users and the public, to the strategic plans of the ASB.

Providing independent oversight of and input to the ASB, ASOC’s members lend their expertise and time to serve the public interest.

We encourage any comments or questions you may have about our activities, and invite your input.

Tricia O’Malley
Chair, ASOC