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Announcement: The Actuarial Society of Hong Kong is actively monitoring the COVID-19 Coronavirus situation to ensure the safety of attendees and presenters at all our events. We will continue to monitor the situation with the COVID-19 and keep our members updated of any changes. 

Announcement: Of late, some of the ASHK emails to you might have ended up in your junk box or failed to reach you. Due to cyber security concerns, the ASHK website has undergone a switch of its server IP address, resulting in an authentication reboot of the ASHK email accounts (@actuaries.org.hk). To ensure timely delivery and receipt of communications, we strongly recommend you to request your IT consultant to whitelist the ASHK domain, email and IP addresses so that you do not miss out on our emails and communications. Should you have any questions, please contact our office at 2147 9278.  Thank you for your kind attention!

 

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Continuing Professional Development (CPD)


About Continuing Professional Development (CPD)

The ASHK Council called an Extraordinary General Meeting (EGM) on 21 January 2016 to seek members' approval on the adoption onew CPD requirements.  The proposed resolutions as set out in the EGM Notice have been duly passed by way of poll.  This CPD By-Law therefore serves as the new CPD requirements starting from calendar year 2016 and applies to all non-retired Fellow and Associate members of the ASHK.

 

 Fellows with a statutory role* in Hong Kong:  Other Fellows and Associates:
  • At least 30 hours per calendar year, including:

 

    • At least 20 hours must relate to the member’s main practice area (of which at least 10 hours should be gained at external events while at least 6 hours must be Hong Kong specific); and
    • At least 2 hours must relate to professionalism
  • At least 20 hours per calendar year, including:

 

    • At least 15 hours must relate to the member’s main practice area; and
    • At least 1 hour must relate to professionalism

*e.g. Appointed Actuary, Pensions Actuary, General Insurance Reserve signing Actuary and Key Person in a Control Function as defined under Section 13AE(12) of the Insurance Ordinance

 

In addition, Institute and Faculty of Actuaries (IFoA)'s Regulation Board has recognised the ASHK's CPD Scheme as equivalent to the IFoA's CPD arrangements and added our Scheme to their list of recognised International Actuarial Association bodies in Schedule 5 of the IFoA's 2019/2020 CPD Scheme.

Casualty Actuarial Society (CAS) has deemed that the requirements for ASHK Fellows with a statutory role in Hong Kong are consistent with the CAS CE Benchmark Provisions and thus are included as Recognised National Standards, effective 27 September 2018.  That is, CAS members who are ASHK Fellows with a statutory role in Hong Kong may now designate those CPD standards to be in compliance with the CAS CE Policy.  The relevant CAS announcement can be found here.