Board for Actuarial Standards
(BAS)
A constituent body of the Financial Reporting Council (FRC), the Board for Actuarial Standards (BAS) has responsibility from 6 April 2007 for setting actuarial standards independently of the actuarial profession. In particular, the BAS publishes and maintains the technical guidance notes for use by the profession.
Related links
BAS website

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

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