證券及期貨
從業員資格考試自我評估

考試成績有效期：
Exam Result Validity Period:

- 本地監管架構考試（卷1至卷6）及認可行業資格考試（卷7至卷12）的考試成績有效期為三年。如申請人於三年考試成績有效期內未有向證監會申請牌照，該考試成績自動作廢。

The validity period of the examination results for the Local Regulatory Framework Examination (Papers 1 to 6) and Recognized Industry Qualification Examination (Papers 7 to 12) is three years.  If the applicant does not apply for a license from the Securities and Futures Commission within the three-year validity period of the examination results, the examination results will become invalid.

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- 如果申請人現時或過去三年內曾擔任持牌代表或負責人員，證監會或會認可其在三年之前通過的有關本地監管架構考試及取得的認可行業資格。簡短而言，考試成績會於申請人停任持牌代表或負責人員後的三年後亦有效。

If the applicant has served as a licensed representative or responsible officer in the current or past three years, the Securities and Futures Commission may recognize their relevant Local Regulatory Framework Examination passed and Recognized Industry Qualification obtained even if it was more than three years ago. Concisely, the examination results will remain valid for three years after the applicant ceases to be a licensed representative or responsible officer.

本地監管架構及法規考試：

About Local Regulatory Framework Examination:
卷1至卷6為香港本地監管架構考試，主要涵蓋香港證券市場的相關法規及規例等。旨在確保個人對其從事受規管活動時必須遵守的相關本地法例及規定，具備適度的瞭解。

Papers 1 to 6 are the Local Regulatory Framework Examination for Hong Kong, which mainly covers the relevant laws and regulations of the Hong Kong securities market. The purpose is to ensure that the individual has an acceptable understanding of the relevant local laws and regulations with which he or she must comply when conducting regulated activities.

 

先批牌後考試之安排：
 Arrangement for Licensing Before Examination:

證監會可行使絕對酌情權考慮在申請人未通過本地監管架構考試（卷1至卷6）前批准個人的持牌代表／負責人員之牌照申請，條件是該申請人人必須在獲得批准後六個月內通過本地監管架構考試。證監會一般只會就每項本地監管架構考試授予一次上述寬免期。如申請人早前已獲授予寬免期，卻未能通過所需的本地監管架構考試，則該申請人應在再次提交申請前先通過相關本地監管架構考試。

The SFC may at its sole discretion consider granting approval to the licence application of an individual on the condition that he or she must pass the Local Regulatory Framework Examination (“LRP”) within six months of obtaining the approval.  The above grace period is usually granted once with respect to each LRP. If the individual has previously been granted a grace period but did not pass the LRP concerned, he or she is expected to obtain a pass in that LRP before submitting the application again.

難於申請豁免：
Difficulty in Applying for Exemption:

卷1至卷6基本上是難於申請豁免的，申請豁免的話證監會亦會對申請人的牌照施加條件以限制申請人可從事的活動範疇。如要加入香港的金融業務，建議必須優先考卷1至卷6。

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Papers 1 to 6 are generally difficult to apply for an exemption. Even if an exemption is granted, the Securities and Futures Commission may impose conditions on the applicant's license to restrict the scope of activities they can engage in. If one would like to join the Hong Kong financial industry, it is recommended to prioritize taking Papers 1 to 6.

相關金融知識考試：

About Recognised industry qualifications (RIQ) examination:

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認可行業資格考試主要將與將會從事的受規管活動相關，並能顯示該人對其進行交易或提供意見的金融產品有所認識及理解。

Recognised industry qualifications (RIQ) examination will be relevant to the regulated activities to be performed by the individual, demonstrating that the individual is knowledgeable about the financial products which he or she deals in or advises on. 

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申請牌照前必須先取得認可行業資格：

Recognized industry qualifications must be obtained before applying for a licence:
跟本地監管架構考試（卷1至卷券6）不一樣，一般而言，所有牌照申請人必須先通過認可行業資格考試或完成額外持續培訓，證監會才會受理牌照申請。

Unlike the Local Regulatory Framework Examination (Papers 1 to 6), in general all license applicants must first pass the Recognized Industry Qualification Examination or complete additional continuous training before the Securities and Futures Commission will consider their license application.

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較易申請豁免：

Easier to apply for exemptions:

－只要申請人持有以下資歷可無需應考認可行業資格考試：

i) 指定範疇（即會計、工商管理、經濟、金融財務及法律）的學位；

ii) 其他學位（須在屬於指定範疇的至少兩個課程取得合格成績）；或

iii) 其他專業資格，即國際認可的法律、會計或金融財務專業資格，例如：國際認可的金融財務專業資格包括特許金融分析師（CFA）、國際註冊投資分析師（CIIA）及認可財務策劃師（CFP）。

－Applicants are exempted from passing the Recognized Industry Qualification Examination if they hold:

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i) A degree in the designated fields (accounting, business administration, economics, finance and law);

ii) Other degrees (with passes in at least two courses in the designated fields); Or 

iii) Other Internationally-recognised professional qualifications in law, accounting or finance. Internationally-recognised professional qualifications in finance include Chartered Financial Analyst (CFA), Certified International Investment Analyst (CIIA) and Certified Financial Planner (CFP). 

－ 有學位或相關行業經驗的申請人亦可透過完成額外時數的持續培訓以申請豁免考卷7至卷12。
－ Applicants with a degree or relevant industry experience may also apply for exemption from taking Papers 7 to 12 by completing additional CPT hours.

－根據《內地與香港關於建立更緊密經貿關係的安排》，如申請人已獲得中國證券業協會、中國期貨業協會或中國證券投資基金業協會的執業資格，可被視作符合香港牌照的行業資格要求，無需應考認可行業資格考試，詳情可參考以下認可行業資格考試對照表。

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－According to《Mainland and Hong Kong Closer Economic Partnership Arrangement》, if the applicant has already obtained the professional qualifications from the Securities Association of China, China Futures Association or the Asset Management Association of China, they can be considered as meeting the industry qualification requirements for the Hong Kong license, and do not need to sit for the recognized industry qualification examinations.  Please refer to the following table for the recognized industry qualification examination equivalents.