Conversion of the Foundation Programme Examination (FPE) to the Licensing Examination for Securities and Futures Intermediaries (LE) for HKSI Certification Purposes
 
Conversion ONLY applies to candidates who have partially completed the FPE (i.e. passed FPE Paper 1 or Paper 2 or Paper 3 or Papers 2+3) and provided that their FPE programme 12-month completion period^# is still valid on the LE rollout date. Certificates will be issued to the aforesaid FPE candidates if they can complete the additional required examination papers in the LE within a 3-year period commencing from the LE rollout date.  

FPE Equivalent Papers in LE Paper 1 Paper 1 - Fundamentals of Securities and Futures Regulation Paper 7 - Financial Markets Paper 2 Paper 8 - Securities Paper 11 - Corporate Finance Paper 12 - Asset Management Paper 3 Paper 9 - Derivatives Papers 2 + 3 Paper 8 - Securities Paper 9 - Derivatives Paper 11 - Corporate Finance Paper 12 - Asset Management

 
# The 12-month completion period of FPE commenced from the examination date of the first examination a candidate enrolled.