Welcome to Hong Kong Securities Institute

International and Local Recognition

Association of Certified International Investment Analysts (ACIIA)

The ACIIA is an international association made up of two of the world's leading Federations and 31 National/Regional Societies. They are included in the following table and more nations are expected to ally with the ACIIA in the future.

ASIA PACIFIC	Asian Securities and Investments Federation Incorporated (ASIF)
EUROPE	European Federation of Financial Analysts Societies (EFFAS)
ARGENTINA	Instituto Argentino de Ejecutivos de Finanzas (IAEF)
AUSTRIA	Austrian Association for Financial Analysis and Asset Management (OVFA)
BELGIUM	Association Belge des Analystes Financiers (ABAF)
BRAZIL	Associação dos Analistas e Profissionais de Investimento do Mercado de Capitais (APIMEC)
CHINA	The Securities Association of China (SAC)
CHINESE TAIPEI	The Securities Analysts Association, Chinese Taipei (SAA CT)
FINLAND	The Finnish Society of Financial Analysts
FRANCE	The French Society of Financial Analysts (SFAF)
GERMANY	Deutsche Vereinigung für Finanzanalyse und Asset Management (DVFA)
GREECE	Hellenic Association of Certified Stockmarket Analysts (HACSA)
HONG KONG	Hong Kong Securities Institute (HKSI)
HUNGARY	The Hungarian Capital Market Professionals' Society (HCMPS)
INDIA	Council for Portfolio Management and Research (CPMR)
IRAN	Iranian Institutional Investors Association (IIIA)
ITALY	Associazione Italiana degli Analisti Finanziari (AIAF)
JAPAN	The Security Analysts Association of Japan (SAAJ)
KAZAKHSTAN	Association of Financial and Investment Analysts (AFIA)
KOREA	The Korea Certified Investment Analysts Association (KCIAA)
LITHUANIA	Financial Analysts Association (FAA)
LUXEMBOURG	The Luxembourg Society of Portfolio Managers and Financial Analysts (ALGAFI)
MEXICO	Instituto Mexicano de Analistas, Asesores y Administradores del Mercado Financiero, A.C. (IMA3)
MOROCCO	Société Marocaine des Analystes Financiers (SMAF)
NETHERLANDS	The Dutch Analysts Association (VBA)
NIGERIA	Chartered Institute of Stockbrokers (CIS)
POLAND	Polish Association of Brokers and Investment Advisors (PABIA)
RUSSIA	Guild of Investment and Financial Analysts (GIFA)
SPAIN	Instituto Español de Analista Financieros (IEAF)
SWEDEN	The Swedish Society of Financial Analysts (SFF)
SWITZERLAND	Swiss Financial Analysts Association (SFAA)
TUNISIA	Tunisian Association of Financial Analysis (ATAF)
UKRAINE	Ukrainian Society of Financial Analysts (USFA)

LOMA

LOMA has recognised the CIIA^® designation for Professional Achievement Credits (PACs) in its Fellow, Financial Services Institute (FFSI) Program.

Recognition by the Local Regulatory Body

The CIIA is recognized by the Hong Kong regulator, Securities and Futures Commission (SFC), as one of the internationally recognized professional qualifications in finance which can compensate the "recognized industry qualifications" of the SFC's competence requirements for an individual applying to be a responsible officer and/or a representative.

Details refer to the "Guidelines on Competence" and its update available at SFC website.

Recognition of the CIIA Designation in the UK

In July 2007, the Financial Services Skills Council (FSSC) in the United Kingdom recognized the CIIA designation as a Key 2 qualification. The ACIIA now has the awarding body status, and the CIIA qualification has been included on the appropriate examinations list for seven relevant activities that are regulated by the Financial Services Authority (FSA) in the UK (www.fsa.gov.uk).

Candidates with the CIIA designation will need to take a UK specific examination such as those offered by the Securities and Investments Institute and the United Kingdom Society of Investment Professionals (UKSIP) in order to meet the full examination requirements for the aforementioned activities. Details of these examinations can be found on the FSSC website.

For further details regarding the CIIA^® recognition by FSSC, please read this document.