The Actuarial Board for Counseling and Discipline (ABCD) was established by the U.S. actuarial organizations to strengthen members' adherence to the recognized standards of ethical and professional conduct.
The Board has two primary functions:
- It responds to actuaries' request for guidance on professional issues.
- It considers complaints about possible violations of the actuarial Code(s) of Professional Conduct.
The ABCD’s members also conduct educational outreach efforts, which include making oral presentations and writing magazine articles to help actuaries, regulators, and other stakeholders become more familiar with the ABCD’s work.