What is an HKSI certificate?

What is the use of an HKSI exam transcript? What is an HKSI certificate? Do I need an HKSI exam transcript or an HKSI certificate when applying for SFC registration?
To work in the securities industry in Hong Kong, passing the Hong Kong Securities and Futures Commission (SFC) Licensing Exam LE is required. The organization that conducts this exam is the Hong Kong Securities and Investment Institute (HKSI).

Candidates who take the HKSI LE exam will receive an HKSI LE exam transcript and performance analysis report after the exam.

The exam transcript records the candidate's name, exam name, exam date, and score. The performance analysis report shows the candidate's performance in each section and overall in percentage terms.

Candidates who take the computer-based exam can usually log in to the HKSI electronic service website and download and print the official exam transcript and performance analysis report about 2 hours after the exam.

What is the use of an HKSI LE exam transcript?

The SFC's "Competence Guidelines" state that "individuals should have acquired industry recognized qualifications and passed local regulatory framework examinations within three years prior to the submission of the application."

If someone wants to apply for an SFC license, they need to complete the relevant HKSI LE exams within three years prior to the application. This means that the validity period for HKSI exam scores is three years. If an exam paper combination is required, all exam papers must have been taken within three years prior to applying for the license.

If an individual already holds an SFC-regulated activity license and needs to apply for another category of regulated activity license, are their previous exam scores still valid?

The answer is yes. According to the SFC's "Competence Guidelines," "if an individual has acted as a responsible officer or a licensed representative in relation to any local regulatory framework examination-related regulated activity at any time in the last three years, the SFC may recognize relevant local regulatory framework examination(s) passed by the individual within three years."

For example, if student A passed exam papers 1, 7, and 8 three years ago and obtained an SFC license for regulated activity Type 1 - securities trading in the past three years, then if A applies to add regulated activity Type 2 - futures contract trading, they do not need to retake exam papers 1 and 7, but only need to take exam paper 9.

If A did not obtain an SFC license in the past three years, and applies for regulated activity Type 2 - futures contract trading, then they need to take exam papers 1, 7, and 9.

How does the SFC determine whether the license applicant has passed the exam and whether the exam scores are still valid?

The answer is the HKSI LE exam transcript. The exam information on the HKSI LE exam transcript is a valid proof of whether the candidate passed the exam and whether the exam scores are still valid within the three-year period. Therefore, when submitting an application for an SFC license, the applicant needs to submit the HKSI LE exam transcript along with the application materials.

Do you know that HKSI also issues qualification certificates in addition to exam transcripts?

The HKSI Institute issues two types of qualification certificates

1.The HKSI Institute Licensing Examination Certificate

2.The HKSI Institute Advanced Certification

For example, passing exam papers 1, 7, and 8 of the HKSI LE can lead to obtaining the HKSI Institute Licensing Examination Certificate for securities.

Passing exam papers 1, 6, 7, and 12 of the HKSI LE can lead to obtaining the HKSI Institute Advanced Certification in Asset Management.

HKSI requires all candidates who participate in its qualification exams to pass a designated combination of exam papers within three years to obtain the HKSI Institute's qualification certificate. The three-year period is counted from the exam date of the candidate's first passed exam paper.

Please note that the above three-year period will not be extended under any circumstances.

Candidates who meet the above requirements can download the corresponding certificate from the HKSI website about 8 working days after passing the designated combination of exams.

Is there any connection between HKSI qualification certificates and SFC licenses?

No, there is no connection between HKSI qualification certificates and SFC licenses.

What are the uses of HKSI qualification certificates?

HKSI qualification certificates can be used for various purposes. For example, the "Insurance Intermediaries Quality Assurance Scheme" states that individuals who hold the HKSI Institute Licensing Examination Certificate or the HKSI Institute Advanced Certification are exempted from taking the Investment-linked Long Term Insurance (IIQE Paper 5) exam.

In addition, HKSI qualification certificates can also serve as professional credentials to enhance one's resume or CV.

How can we help?

2CExam provides HKSI LE, IIQE, EAQE and SQE related exam preparation materials. We sell mock question banks for HKSI LE Papers 1, 2, 3, 5, 6, 7, 8, 9, 12 in Chinese and English; and bibles for HKSI LE Papers 1, 2, 6, 7, 8 in Chinese. We also offer 1 on 1 tutorial services. Besides, we have also made free tutorial videos for HKSI LE Papers 1, 2, 6, 7, 8, 12 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:

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