Questions regarding applying a for license after passing the HKSI LE exam

June 2, 2021

Questions regarding applying for a license after passing the HKSI exam 

 

Students often inquire about licensing issues after passing the HKSI LE examination. Many people ask what other factors will affect the licensing besides the examination results ? In fact, there are several conditions that need to be met:

 

The first one is to pass the HKSI LE exam;

 

secondly, is that you have to be engaged in a registered institution or a licensed corporation to apply for a license/registration for you. The Hong Kong Securities and Futures Commission only accepts the registration of//license application from institutions.If you pass the exam, but never apply for a license, your results will expire after 3 years.

 

Thirdly, in order to apply for a license, some personal conditions need to be met, such as creditworthiness, financial status, and whether one has a criminal record. Simply put, you should have no recent records of bankruptcy or any criminal behavior. Generally speaking, most people can be qualified for this condition.

 

So the key is to find a job. If you find a job, your application or registration will be much simpler. The exam results are valid for 3 years. If you can’t find a job in these 3 years, your exam result will basically expire. 

 

Lastly, let’s assume you found a company that is willing to apply for your license, but you eventually decided to leave, what will happen to your license? In this case. If you leave your job, you should find another company to hire you as soon as possible, and then apply to the Securities and Futures Commission for the transfer of license/registration within half year of your resignation. The relevant license/registration can be retrieved quickly within half a year after resignation, and you do not need to retake the exam. However, the license type must be of the same property with the previous one. Otherwise, you may need to take the relevant exam(s). If it is a license of the same property, for example, if you originally hold a type 1 license, and now you need to apply for 1, 4 licenses, the SFC will decide whether to grant you the type 4 license based on your qualifications, since you already have the type 1 license, therefore it is not required for you to retake HKSI LE paper 7 and 8,  as the license is retrievable. If it is a license type that is not very relevant, for example, you were originally a representative of  type 2 license, and now you want to become a representative of license type 2 and type 9, you may have to take the HKSI LE Paper 12 to get the license type 9.

 

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

Why do people still buy materials from 2CExam while PEAK provides free study notes?

January 10, 2022

  In addition to organizing IIQE exams, VTC PEAK Academy will also provide students who take the IIQE exam with the exam coverage called the Study Note. It depicts what is covered in the exam with hundreds of pages and full of paragraphs. It is lengthy and contains a lot of datas and examples that…

How do Chinese who don’t understand Traditional Chinese deal with the HKSI LE? How to use Simplified Chinese to partake in the exam?

January 6, 2022

  Some mainlanders will ask whether our products or real exams have Simplified Chinese. First of all, the HKSI exam conducted in Mainland China will have the option of printed in simplified characters, while the Hong Kong exam will only have traditional Chinese and English.   As for the review materials, the documents for the…

Suggested revision method – applicable to HKSI LE securities exam, IIQE insurance exam, EAQE/ SQE real estate exam

November 30, 2021

We suggest the candidate prepare for the examination by the following steps: 1. Study 1 chapter in the study manual 2. Finish the relevant topic in the Pass Paper Question Bank By spending 20-25 hours doing the revision, about 80% of our candidates can pass the exam in their first attempt.

HKSI LE Securities Exam Info For Dummies

September 23, 2021

  HKSI LE Securities Exam Info For Dummies What papers should I take   The differences between a SFC Responsible Officer (RO), HKMA Executive Officer (EO) and a Sale Representative (Rep) https://2cexam.com.hk/a1061_eng/   Which paper I should take: https://2cexam.com.hk/A1064_eng/   Waiving LE Papers 7-12: https://2cexam.com.hk/A1015_eng/   FAQ about exemption: https://2cexam.com.hk/A1018_eng/   Exam Registration   Registration…

Why do so many people choose 2CExam’s products and video classes?

September 17, 2021

2CExam is excellent at preparing candidates for professional examinations. Why do so many people choose 2CExam’s products and watch 2CExam’s video classes?     2CExam provides a large number of Youtube video classes, including HKSI LE Papers 1, 2, 6, 7, 8, 12 Chinese courses, HKSI LE Paper 1 English courses, IIQE Papers 1, 2,…

What are bibles offered by 2CExam? Are there any questions included?

September 15, 2021

Do bibles include practise questions? Bible and Pass Paper Question Bank are two separate products. “Bible” is composed by us according to HKSI’s study manual and does not consist of any mock questions. It is a study note available in Chinese only as of now. “Pass Paper Question Bank” includes questions prepared by us, with…

How are mock questions written by 2CExam? Are the questions past paper questions? What are the specialties and advantages of 2CExam’s question banks?

September 14, 2021

How are mock questions written by 2CExam? Are the questions past paper questions? Due to intellectual property issues, 2CExam mock questions are not copied from the past papers, but composed by their own editors. The questions are different from the questions you are going to see in the actual exam. If they bear any resemblance…

How Do You Get a Refund If You Bought 2CExam’s Products and Failed the Exam?

September 10, 2021

There’s a money-back guarantee for 2CExam’s products? 100% full refund? Do they really refund? Absolutely we do refund. We only make promises that we can keep. As long as candidates follow the instructions on the terms and conditions of Money-back Guarantee, we offer 100% full refund. Why are we so confident? It is because based…

What Are the Differences Between 2CExam’s Physical Version and Online Version Question Bank? Same Content? Which One Is Better?

September 9, 2021

  2CExam has been training people for the HKSI Licensing Examination (LE), IIQE, EAQE and SQE for many years. Recently, an online version of the pass paper mock question banks was released. What are the differences between the online version and physical version?   What are the differences between online and hard copy versions? Contents…

How to Use 2CExam Pass Paper / Mock Question Banks?

September 8, 2021

  Do you need to take the HKSI LE securities exam / IIQE insurance exam / EAQE, SQE real estate exam? Are you upset about how to stuff the considerable knowledge into your brain? 2CExam is here to help!   Our motto is “Despise Learning, Secure Passing!” Our company provides various exam related products and…