The Central Government on 18th June, 2021 has issued Actuaries (Procedure for Inquiry of Professional and Other
Misconduct) Amendment Rules, 2021. The amendment provides that in case of complaint of misconduct of actuaries, the Director shall examine the complaint, written statement, rejoinder, or, as the case may be, other additional particulars or documents, if any, for holding prima facie opinion as to whether the member or the firm is guilty or not of any professional or other misconduct.
In case the Committee disagrees with the prima facie opinion referred to, it shall either submit its report to the Council while recording the reasons for its disagreement or advise the Director to make further inquiry into the complaint, who shall, after making such further inquiry, place the matter before the Committee.
