As per Article 24 of the Articles of Association of the Pakistan Society of Actuaries, Committee on Professional Standards was formed on November 18, 2006. The Committee is consist of:

The Committee shall keep under review standards and guidelines adopted by other professional actuarial bodies (and in particular the Institute of Actuaries in England, the Faculty of Actuaries in Scotland and the Society of Actuaries in the United States). The Committee shall also receive suggestions with regard to adoption of Professional Standards from amongst the members of the Pakistan Society of Actuaries.