Licensing examination for securities and futures intermediaries paper

In this case, the applicant would have to complete 25 CPT hours for each applicable regulated activity any fraction of a year would be rounded up for this purpose. Serving professional investor clients only is unlikely to be regarded as constituting a limited scope of business activities.

How many CPT hours does a former practitioner who had left the industry for four years and two months need to undergo before he is eligible for the above exemption? Also, the exemption will be subject to completion of additional CPT hours. Yes, the Commission may consider granting you the exemption if you have been actively involved in regulatory or compliance work: Designing and implementing a CPT program to stay abreast of complex regulatory requirements and the dynamic industry landscape Issuing certificate of attendance Keeping backup copies of trainings conducted, attendance records and training materials Testimonials I will make sure that my team goes on your courses for all the other exams they need to take.

In Paper 8 Exam, you need to finish 40 multiple choice questions in 60 minutes. Clarification on some important points is given below: If the Executive as defined under the Codes considers that a financial adviser is not able to meet these requirements, he may not allow the financial adviser to act in that capacity even if there is no specific restriction stated on the licence.

In order to ensure that the person has sufficient knowledge and understanding of how the local regulatory framework operates, the extra experience must be acquired in Hong Kong and it must be recent and relevant. They may either be taken within 6 months preceding the application or within 12 months after the approval is granted.

This was important given the broad content covered. I have the extra years of experience gained outside Hong Kong, can I be qualified for the exemption? Since registered institutions have a legal obligation to ensure that their relevant individuals meet the requirements set out in the Guidelines on Competence, can specific guidance be provided on the practical interpretation?

In Paper 1 Exam, you need to finish 60 multiple choice questions in 90 minutes. This Paper deals with derivatives. It is so much easier to say thank you when you know it has all worked. I have been involved in compliance work for many years.

In Paper 9 Exam, you need to finish 40 multiple choice questions in 60 minutes. Regardless of the examination mode, all examination papers will be offered in both English and Chinese, and examination questions will be set in a multiple-choice format.

Having taken the HKSI exams and seeing the poor passing rate of the exams, we think we can improve the passing rate and have come up with this site. And you made it a real pleasure to run through these quite dry and not always very interesting topics.

The following will generally be regarded as "limited scope of activities": The requirement is five CPT hours per regulated activity for each year of absence. Can I be exempted from the local regulatory framework examination requirement in order to be licensed?

Licensing Examination for Securities and Futures Intermediaries

By passing this exam, you will satisfy SFC's competence requirements with respect to local regulatory knowledge when applying for the SFC license. Yes, the Commission may consider granting you the exemption if you have been actively involved in regulatory or compliance work: Can I be exempted from the local regulatory framework examination requirement?

For former practitioners who have left the industry for between 3 and 8 years, they may be exempted from the relevant competence examinations including both industry qualification and local regulatory framework papers when they re-apply for a licence or seek to be re-engaged by a registered institution as a relevant individual.

Competence

Click here to download the list of regulated activities. My company is involved in corporate finance work. Are there any exemptions from the competence examinations requirement for former practitioners applying for a licence to re-enter the industry?

Yes, a list of these tools have been developed. Lastly, for Paper 8 and Paper 9 candidates, remember to bring a calculator to the exam.

These should be made available for inspection when required by the HKMA. They may either be taken within 6 months preceding the application or within 12 months after the approval is granted.

To be eligible for the exemption, applicants must, in addition to the applicable industry and management experience requirements, also meet at least one of the following requirements: How many CPT hours does a former practitioner who had left the industry for four years and two months need to undergo before he is eligible for the above exemption?

All in all, two good courses and job done. In relation to a person who seeks to be re-engaged by a registered institution as a relevant individual, the registered institution concerned should maintain records and documentary evidence of completion of such additional CPT by the person.Hong Kong Securities Institute Study Manual for Paper 1: Fundamentals of Securities and Futures Regulation of the Licensing Examination for Securities and Futures Intermediaries Contributor Hong Kong Securities Institute.

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Study manual for paper 1 fundamentals of securities and futures regulation of the licensing examination for securities and futures intermediaries. [Hong Kong Securities Institute.;].

The Licensing Examination (LE) for Securities and Futures Intermediaries consists of fourteen papers in total. This is the prerequisites and important examination for one to join the financial markets.

It stands for Licensing Examination for Securities and Futures Intermediaries (LE) Paper 1 on securities regulations. This exam is required if you want to apply for a license with the Securities and Futures Commission (SFC) for any Regulated Activity.

Licensing Examination for Securities and Futures Intermediaries. Date From. To. Examination Type Available for Enrolment and Not Yet Full Search.

LE Paper 2 Date From. To. Examination Type. Available for Enrolment and Not Yet Full Search. LE Paper 3 Date From. To. Examination Type. Available for Enrolment and Not Yet Full. This page is about Licensing Examination for Securities and Futures Intermediaries (LE) Registration Instructions, it also includes details related to LE HKSI Paper 1,2,3,5,6,7,8,9, If candidates have any related questions, they are welcomed to contact 2CEXAM.

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Licensing examination for securities and futures intermediaries paper
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