Question to the HM Treasury:

To ask Her Majesty's Government what discussions they have had with stakeholders to ensure the future governance of the proposed model for the Auditing, Reporting and Governance Authority (ARGA) takes account of the distinctness of the actuarial professional from the audit and accountancy profession.

HM Government consulted publicly on its proposals to reform the regulation of the actuarial profession in chapter 11.2 of its White Paper ‘Restoring trust in audit and corporate governance’. As part of the consultation process, the Government has held discussions with a range of actuarial stakeholders.

The Government is considering the responses to its consultation and will respond in due course.