The Financial Services and Markets Act 2000 (Communications by Actuaries) Regulations 2003
These Regulations apply to an actuary who is, or has been, acting for an authorised person (within the meaning of the Financial Services and Markets Act 2000) and either has been appointed under or as a result of rules made by the Authority under that Act or appointed under or as a result of another statutory provision but who is subject to such rules. Such an actuary is obliged to communicate matters of which he became aware in his capacity as an actuary acting for the authorised person (or his opinion on such matters) to the Financial Services Authority in the circumstances set out in regulation 2. The obligation also applies to matters of which such an actuary has become aware in his capacity as actuary acting for a person who has “close links” with an authorised person.