The difference between IA Responsible Officer(RO) and technical representative (TR)

Regulatory Organisation   Before explaining the difference between Responsible Officer and Technical Representative, you must first know that there is only one regulatory agency that regulates companies engaging in insurance business: the Insurance Authority (IA). All the powers concerning licensing matters, supervision tasks, sanctions and investigations of intermediaries of insurance intermediaries, insurance companies and insurance…

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The differences between a SFC Responsible Officer (RO), HKMA Executive Officer (EO) and a Sale Representative (Rep)

  The different regulatory agencies   Before explaining the differences between a responsible officer (RO), HKMA’s executive officer (EO) and sales representative (Rep), you must first know that there are two regulatory agencies that regulates companies that are engaging in securities business: the Securities and Futures Commission (SFC) and Hong Kong Monetary Authority (HKMA).The regulatory…

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What kind of updates did the HKSI make in the LE study manual?

Many of our clients are frustrated with needing to retake the exam, or some are going to take the exam right before the HKSI is going to update the manual. They are concerned with what updates the HKSI would make on their study manual. Below we will uncover what differences will be commonly found between…

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How to apply for an insurance intermediary IA license in Hong Kong?

  Many students who have no experience in the insurance industry feel puzzled about the procedures regarding applying for a license. This article mainly teaches students how to prepare to apply for a insurance license.   First of all, to apply for an insurance license, you need to meet the requirements of the “Fit and…

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How to apply for an SFC Hong Kong Securities License?

Many students who have no experience in the securities industry feel puzzled about the procedures regarding applying for a license. This article mainly teaches students how to prepare to apply for a securities license.   First, to apply for a securities license, you need to meet the ”Guidelines on Competence” issued by the securities and…

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Which of the HKSI LE securities exams is more difficult? Which is easier? I haven’t studied finance before, where and how should I get started?

What are the contents of the HKSI LE exam papers?    The Licensing Examination for Securities and Futures Intermediaries (HKSI LE) paper 1 is considered as the basic course for aspiring Securities and Futures Practitioners. Anyone who wishes to enter the industry – after the emergence of the securities examination system needs to take the…

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