SFC Licence
What is the SFC license in Hong Kong?
What is the SFC license in Hong Kong? The Securities and Futures Commission (SFC) of Hong Kong was established in 1989 as an independent statutory body responsible for regulating the securities and futures markets in Hong Kong. The Securities and Futures Ordinance and its subsidiary legislation grant the SFC the power to investigate, correct, and…
Read MoreIs the Securities, Insurance or Real Estate Industry Better? Comparing Incomes amongst Finance Industries
Securities and Banking According to statistics on the Internet and our experience, in Hong Kong, even for some common junior or middle-level positions in the financial/ securities industry, such as risk analyst, research analyst, and compliance officer, the average base salary is between HK$20,000 and 30,000 per month. Many people who have sufficient work experience…
Read MoreCan Top Up Degree be exempted from HKSI LE securities examination? Can I be exempted without previously studied finance?
The Guidelines on Competence of the SFC specify that as long as students meet the specified level of academic qualifications and/or work experience, they can be exempted and do not need to take the HKSI LE Securities Examination Papers 7-12. Exempted students only need to take the HKSI LE paper 1, which saves time,…
Read MoreIf I have a criminal record, can I still apply for the SFC’s securities license?
To apply for a securities license, you need to meet the Guidelines on Competence issued by the Securities and Futures Commission. Among them, the SFC will explore your past criminal records, whether you have ever had disciplinary actions, known frauds, misrepresentations, etc. in other licensed corporations in the past. In other words, past…
Read MoreMinimum academic requirements for applying for a SFC license
Is there a minimum education requirement for the securities industry? The licensing requirements for the securities industry are set by the Securities and Futures Commission (SFC) and compiled into the Guidelines on Competence. All intermediaries who wish to be licensed or registered for regulated activities are required to abide by this guideline. SFC lists…
Read MoreHow should I apply for a license if I want to engage in the securities industry? What conditions must I meet?
In the finance, banking, and securities industries, there are millions of assets flowing in and out everyday to say the least. Many people are eager to meet wealthy people, earn a generous amount of commission income, and even easily be in control of the stock market. However, to go back to the basics, if…
Read MoreWho should I contact if I have questions about licensing in the securities industry? Why can’t I contact HKSI? Should I contact 2CEXAM?
Many students who want to become securities practitioners may have some questions regarding what exams to take and what to pay attention to when issuing licenses; with that, they might not know who to ask. Should candidates ask 2CExam? HKSI? Or the SFC? In fact, HKSI is only responsible for organising exams, issuing…
Read MoreWhich Licensing Examination for Securities and Futures Intermediaries exam paper should I partake in?
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…
Read MoreIf I have an overseas professional qualification, can I obtain a SFC securities license simply by recognising my prior qualification
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…
Read MoreHow 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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