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 Kong Securities and Investment Institute (HKSI) was established in 1997 with the support of the Securities and Futures Commission (SFC) by a group of senior industry professionals. Its mission is to set industry standards through examinations and professional qualifications, enhance the professional competence of securities practitioners through continuous training programs, assist them in achieving their career goals, and work with its member community to promote the development of the industry.
Simply put, if you want to work in the securities industry in Hong Kong, you must first pass the Securities and Futures Commission (SFC) Licensing Exam LE through the Hong Kong Securities and Investment Institute (HKSI).
Is passing the HKSI exam enough?
No! Passing the HKSI exam is only a necessary condition for obtaining the securities and futures practitioner qualification in Hong Kong.
Why is that?
Because HKSI only conducts the exam and does not issue the license!
What license?
It is the qualification for securities and futures practitioners in Hong Kong, which is also known as a license in Hong Kong.
The licensing/qualification for activities such as securities trading, futures contract trading, and providing advice on institutional financing in the Hong Kong securities industry are issued by the Securities and Futures Commission (SFC), which is the regulatory body like the China Securities Regulatory Commission (CSRC) in China.
However, conducting exams is not part of SFC’s responsibilities.
Therefore, in Hong Kong, to take the Securities and Futures Practitioner Qualification Exam, you must register with HKSI instead of SFC.
To obtain the SFC license, it usually requires passing the HKSI exam combination, which means achieving a passing score of at least 70%.
What is a passing score of 70%? It means answering at least 42 out of 60 multiple-choice questions correctly, or answering at least 28 out of 40 multiple-choice questions correctly.
What is the exam combination?
The HKSI Licensing Exam LE currently has 15 different papers, which are divided into Regulatory Paper, Specialist Paper, and Sponsor Paper, etc. Candidates usually need to pass the Regulatory Paper plus the Specialist/Sponsor Paper to engage in regulated activities by SFC.
For example, the most popular exam combination, HKSI LE Papers 1, 7, 8, is required to engage in securities trading, such as buying and selling securities products such as Hong Kong stocks, US stocks, bonds, etc. Paper 1 is “Basic Securities and Futures Regulation,” Paper 7 is “Financial Markets,” and Paper 8 is “Securities.”
If you wish to work in an asset management company and handle products related to funds or discretionary accounts, you would need to take Papers 1, 7, and 12.
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:
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
-
Phone:
+852 2110 9644
-
Email:
-
WhatsApp
+852 9347 2064
-
WeChat
hk2cexam
Interesting Articles
If I need to take more than one paper for the HKSI LE exam, which paper should I partake in first? In what order should I take them?
Many students who did not have a business background would ask us: “ Which paper should I take first when The Hong Kong Licensing Examination for Securities and Futures Intermediaries (HKSI LE) has that many papers? “ Which exam paper should I take first? The SFC has no requirement for the order…
What is the difference between an insurance company and an insurance brokerage company
Isn’t every company that sells insurance policies called an insurance company? Insurance companies refer to companies that will launch their own new products (insurance plans). These companies usually have a larger scale. They will arrange everything from product development, front-line sales, underwriting, claims, complaints, and actuarial calculations. To ensure compliance with the requirements…
Who cannot register or take the EAQE/SQE Real Estate Qualifying Examination?
Is there a threshold for the real estate examination? There are no thresholds when it comes to partaking in the real estate exam; your nationality, age, education, work experience, and professional qualifications do not matter when it comes to applying for the real estate exam. As long as one can afford the exam fee,…
Are there free courses for EAQE/SQE real estate exams? Can I take classes online or remotely?
Where can I find real estate courses? Estate Agent Course 2021 Centaline Training Institute: http://www.cti-edu.com/icms/template.aspx?series=16 Midland: http://www.midlandu.com.hk/chi/campus/ Rose Garden: http://www.rosegarden-consultants.com/index.html？gclid=Cj0KCQjwvYSEBhDjARIsAJMn0lhII0WauuWfhByB0WIQKOYKdEiRlMB76v36PQtXefflav1cII3lVtoaAimmEALw_wcB HKCTSVT:https://hkctsvt.edu.hk/tc/programmes/real-estate-agency/ft-programme-erb-placement-tied-courses-ct210ds City University, School of Continuing and Professional Education (Scope): https://www.scope.edu/Home/Programmes/DiplomaCertificateandShortCourse/ERB%E4%BA%BA%E6%89%8D%E7%99%BC%E5%B1%95%E8%A8%88%E5%8A%83%E8%AA%B2%E7%A8%8B/%E5%9C%B0%E7%94%A2%E4%BB%A3%E7%90%86%E6%84%9B%E5%A2%9E%E5%80%BC.aspx 2CEXAM free Youtube course (Material Provided in Contonese Only) Estate Agent Qualifying Examination (EAQE) Course Explanation [Not Past Paper,…
Where can I get the free EAQE/SQE real estate practice exam questions?
Where can I find a book/study manual/review manual for the real estate licensing exam? Mock exam questions you can use official reference questions https://www.eaa.org.hk/Portals/0/Sections/Exam/2015/Sample%20Question/Sample%20Questions_E.pdf 2. 2CEXAM mock exam questions With regard to EAQE Estate Agents Qualifying Examination. Only Chinese version is available For Chinese version Printed Version, please visit our website:…
What is the difference between EAQE and SQE exam?
What is the functional difference between the EAQE and SQE exam? EAQE has broader functions than SQE. Basically, the EAQE exam is omnipotent. If you want to become an estate agent, you must take the EAQE, which is also known as the Estate Agent Qualifying Exam. EAQE results can also be used to…
Is the real estate examination not held by the Estate Agent Authority ? 5 tips for entering the industry
Real estate examinations are held by PEAK The EAQE and SQE exams are held by the Vocational Training Council’s (VTC) PEAK. VTC PEAK is a statutory organization that provides professional education and training in Hong Kong. It is also an accredited organization that conducts EAQE and SQE examinations.Students who wish to apply for…
Can I work as a real estate agent/salesperson if I fail the HKCEE?
To become a real estate agent/salesperson, you need to meet a number of conditions including minimum academic requirements in order to successfully apply for a license. Can I work as a real estate agent/salesperson if I fail the HKCEE? The website of the Estate Agents Authority contains a page of guidelines on the minimum…
Can I work as a real estate agent/salesperson if I have not studied at university?
To become an estate agent/salesperson, you need to meet a number of conditions to successfully apply for a license. One of the most concerned conditions is the academic requirements. Qualification requirements for applying for a license In fact, the requirements for becoming a real estate agent or salesperson are not very high, and…
Real Estate Exam Registration Guide: Notes for Real Estate Exam Registration
In addition to seats in prestigious schools and university admissions, Hong Kong also has another “competitive” quota – acquiring a spot for real estate examinations. Generally, you can sign up at 9 o’clock in the morning on the day of registration, but the slots are normally full within a few minutes. The real estate…