SFC Licence
Why Is 2CExam Still So Popular Although It Is Expensive?
For the Licensing Examination for securities and futures intermediaries (HKSI LE), the Insurance Intermediary Qualifying Examination (IIQE), the Estate Agent Qualifying Examination (EAQE) and the Salesperson Qualifying Examination (SQE), there are not many products available in the market. Why is 2CEXAM not the cheapest but loved by the many candidates? 2CExam has accumulated years of…
Read MoreHow to apply for an SFC license?
After taking the Hong Kong Securities and Futures Practitioners Qualification Examination, how do I get licensed? Many people ask, after passing the HKSI LE, how do I get licensed? What is the relationship between the HKSI LE exam and obtaining an SFC license? In Hong Kong, individuals engaged in financial businesses regulated by the Securities…
Read MoreWhy do Hong Kong asset management companies/fund managers generally need to hold both Type 9 and Type 4 licenses?
In Hong Kong, although the fund itself does not require a license, the fund manager does need one. To manage funds or assets in Hong Kong, asset management companies/fund managers usually need to obtain the SFC’s Type 9 regulated activity (Asset Management) license. In asset management activities in Hong Kong, asset management companies/fund managers are…
Read MoreCan an individual holding a Type 1 license from the Securities and Futures Commission (SFC) also serve as a Responsible Officer (RO) for Type 4 and Type 9 licenses?
Question: Currently holding a Hong Kong Type 1 regulated activity (1st license – Securities Trading) licensed representative license and having several years of experience. Now passed the Hong Kong Securities and Futures Practitioners Qualification Exam Paper 6 (HKSI LE Paper 6). Can they become a Responsible Officer (RO) for Type 1 regulated activity (1st license…
Read MoreWill the Hong Kong personal real estate license expire?
How much longer is your Hong Kong individual real estate license valid for? In Hong Kong, once you have successfully applied for an individual real estate license, you do not need to retake the real estate license qualification exam as long as the license has not been terminated or revoked. However, maintaining a license is…
Read MoreWhat is the difference between an insurance agent and an insurance broker in Hong Kong?
When purchasing insurance in Hong Kong, there are generally two types of insurance salespeople that you may encounter: insurance agents and insurance brokers. What are the differences in their roles or responsibilities? Do they need to register with recognized organizations before working? And what are their professional qualifications? This article will answer these questions one…
Read MoreWhat is an HKMA license?
The Hong Kong Monetary Authority (HKMA) is the central banking institution of Hong Kong. It was established on April 1, 1993, through the merger of the Exchange Fund and the Office of the Commissioner of Banking. As an independent government department separate from the Hong Kong government, the HKMA is primarily responsible for maintaining currency…
Read MoreWhat is the difference between an SFC license and HKMA registration in Hong Kong?
What is the difference between an SFC license and HKMA registration in Hong Kong? In Hong Kong, the statutory organization responsible for regulating the securities and futures markets is the Securities and Futures Commission (SFC). The Securities and Futures Ordinance, which came into effect on April 1, 2003, grants the SFC regulatory authority over the…
Read MoreWhere can I register for securities exams in Hong Kong?
Where can I register for securities exams in Hong Kong? If you want to work in the securities industry in Hong Kong, you must pass the Securities and Futures Commission (SFC) Licensing Exam LE. The organization that conducts the Licensing Exam LE in Hong Kong is the Hong Kong Securities and Investment Institute (HKSI). The Hong…
Read MoreOften hear the beautiful ladies and handsome gentlemen in the Hong Kong financial sector talking about the “178 license” they need to obtain. What exactly is it?
What is the Hong Kong 178 license? In fact, the 178 license is not a real license but refers to a combination of examination papers that need to be taken. It consists of the Hong Kong Securities and Futures Practitioners Qualification Examination Paper 1, Paper 7, and Paper 8. In Hong Kong, activities related to…
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