What is the Use of an HKSI Notification of Result and Certificate? Do I Need to Submit Both for SFC/HKMA License Application?

May 25, 2021

HKSI’s notification of results and HKSI certificate are two different kinds of proof. The Hong Kong Securities and Investment Institute is responsible for organizing examinations and issuing certificates. Therefore, the notification of results and certificates are issued by HKSI. However, passing the HKSI LE exam and being issued a certificate is not necessarily related. Anyone who takes the HKSI LE exam will be issued a notification of results after the completion of the exam, which records the basic information of the students, the exam date and exam information, the score of the exam, and the performance score of each chapter.

The notification of results is only valid for 3 years, and within 3 years from the exam date, the notification of results can be handed to your company directly. Hence your company can submit your application over to the SFC for approval. However, after 3 years, the notification of results will lose its reference value.

The certificate is not received every time a subject is passed. Candidates must pass the designated combination of exam papers within three years before they can obtain the qualification certificate issued by the HKSI. The HKSI certificate has no expiry date, just like a certificate of completion of a degree, both of them are lifetime valid certificates. However, the actual effect of the HKSI certificate is actually minimal. The most useful usage is that the “HKSI Practising Certificates” or “HKSI Specialist Certificates ” certificate in the “Securities” category can exempt you from taking the Insurance Intermediary Qualifying Examination IIQE in your entire life – Paper 5 – Investment-linked long-term insurance. However, it needs to be added that if you have not taken the HKSI LE Papers 7, 8 but are exempted through academic qualifications or work experience, you will not be exempted from IIQE Paper 5.

 

For details of IIQE exemption, please refer to: https://2cexam.com/zh-hant/%e8%b1%81%e5%85%8d%e4%bf%9d%e9%9a%aa%e4%b8%ad%e4%bb%8b%e4%ba%ba%e8%b3%87%e6%a0%bc%e8%80%83%e8%a9%a6-iiqe/

 

In addition, its function is to add a line of seemingly professional achievements to your resume, which can be used to show off to customers, family and friends. However, holding a certificate does not mean that you have a license, nor can it be used to apply for an SFC / HKMA license, whilst you do not need to have any HKSI certificate to apply for a license.

 

How to obtain an HKSI certificate?

The HKSI certificate is a certificate issued by HKSI, which proves that students have successfully obtained a pass in the specified exam combination within 3 years. HKSI provides a variety of certificates to allow students to prove their knowledge in their targeted field(s) by passing a set of related exams, including “securities”, “derivatives”, “credit rating services”, and “institutional financing” and “asset management”, the above categories are divided into “HKSI Practising Certificates” and ” HKSI Specialist Certificates ” certificate scheme. The “HKSI Practising Certificates” certificate refers to the completion of the exam papers designated in becoming a licensed representative. The “HKSI Specialist Certificates ” certificate refers to the completion of the examination papers for the designated licensed representative and responsible officer. If you are exempted from Exam Papers 7 to 12 when you apply for an SFC license, as you did not take Exam Papers 7 to 12, you will not be awarded any certificate.

For free information, please refer to https://2cexam.com.hk/3182/

(For details, please refer to: https://www.hksi.org/en/qualification/practising-qualifications/licensing-examination-for-securities-and-futures-intermediaries/overview/)

How can we help?

2CExam provides HKSI LE, IIQE, EAQE and SQE related exam preparation materials. We sell mock question banks for IIQE Papers 1, 2, 3, 5 and MPFE in Chinese and English; and bibles for IIQE Papers 1, 2, 3, MPFE in Chinese. We also offer 1 on 1 tutorial services. Besides, we have also made free tutorial videos for IIQE Papers 1, 2, 3 and MPFE and posted on public channels such as Youtube/ Bilibili/ Tencent/ Iqiyi. 2CExam has been an exam training expert for years. Should you need any help please visit www.2cexam.com or contact us through:

Phone +852 2110 9644 Email: [email protected] Wechat: hk2cexam WhatsApp: +852 9347 2064

 

Please support us by leaving comments and likes if you think this article helps you!

You can scan or click on the QR codes to visit our social media.

Latest Article

Categories

過往文章

Contact US

Interesting Articles

Is the IIQE paper based exam or computer based exam easier? Which exam is better to partake in?

July 26, 2021

  Many people are curious about the differences between the IIQE’s computer-based exam and the paper-based exam.   As per the two exams’ content, they are pretty much identical. The two exams use the same Study Guide, the exam questions are drawn in the same question bank. Some people say that they have taken a…

Is the HKSI paper-based exam or the computer-based exam easier? Which is better to partake in?

July 26, 2021

  Many people are curious about the differences between the HKSI LE’s computer-based exam and the paper-based exam.   As per the two exams’ content, they are pretty much identical. The two exams use the same Study Guide, the exam questions are drawn in the same question bank. Some people say that they have taken…

What are the differences between a computer-based and paper-based exam for the Estate Agents / Salespersons Qualifying Examinations?

July 26, 2021

  There are differences between the computer-based exam and the paper-based exam? Some people say that the computer-based exam / paper-based exam will be easier?   Many people are curious about the differences between the EAQE/SQE’s computer- based exam and the paper- based exam.   As per the two exams’ content, they are pretty much…

What is the difference between the computer-based exam and the paper-based exam of the Insurance Intermediaries Qualifying Examination

July 26, 2021

  Many people are curious about the difference between the IIQE’s computer-based exam and the paper-based exam. First of all, IIQE does not hold many paper-based examinations. In many cases, it will only hold paper-based examinations for Paper 1. If you have special needs, such as not being proficient with computers, or having a vision…

What are the differences between the computer-based exam and the paper-based exam of the Licensing Examination for Securities and Futures Intermediaries (LE)?

July 26, 2021

  There are differences between the computer-based exam and the paper-based exam? Some people say that the computer-based exam / paper-based exam will be easier?   Many people are curious about the differences between the HKSI LE’s computer-based exam and the paper-based exam. First of all, HKSI does not hold many paper-based examinations. In many…

Which Licensing Examination for Securities and Futures Intermediaries exam paper should I partake in?

July 26, 2021

  If you want to work in the front line of the securities industry, you have a good chance of needing to take The Licensing Examination for Securities and Futures Intermediaries. As for what test papers you need to take, first of all, you need to know that the number of the exam paper has…

If I have an overseas professional qualification, can I obtain a SFC securities license simply by recognising my prior qualification

July 20, 2021

  Some students have worked in the securities finance industry outside of Hong Kong, and now they also need to obtain a securities business license in Hong Kong. Can work experience in the securities industry abroad help you waive the exam and allows a candidate to directly apply for the securities license from the Securities…

In order to obtain exemption from the HKSI LE exam or SFC’s academic requirement, how is relevant industry experience considered?

July 20, 2021

After reading the “Competency Guidelines” issued by the Securities Regulatory Commission, some students may have a big question mark on “Relevant Industry Experience”, “have X years of experience in the past X years”, and then ask us what kind of experience are counted as industry experience so they can be exempted from the Licensing Examination…

Which insurance intermediary qualifying examination paper should I take?

June 30, 2021

  If you want to work in the front line of the insurance industry, you have a good chance of needing to take the Insurance Intermediaries Qualifying Examination (IIQE). As for what exam papers you need to take, first you can check whether you meet certain conditions to be exempted from specific exam paper combinations…

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

June 30, 2021

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…