Securities and Futures Commission (SFC) The LE has been recognised by the SFC under the "Guidelines on Competence" for
registration as Representatives and/or Responsible Officers. The SFC has approved certain papers of the LE as recognised industry qualifications and local regulatory framework papers. Please refer to the tables below for details.
Regulated Activity
Recognised Industry Qualifications
Local Regulatory Framework Papers
Representatives
Responsible Officers
Representatives
Responsible Officers
1
LE Papers 7+8
LE Paper 1
LE Papers 1*+2
2
LE Papers 7+9
LE Paper 1
LE Papers 1*+3
4
LE Papers 7+8
LE Paper 1
LE Papers 1*+2
5
LE Papers 7+9
LE Paper 1
LE Papers 1*+3
6
LE Papers 7+11
LE Paper 1
LE Papers 1*+5
8
LE Papers 7+8
LE Paper 1
LE Papers 1*+2
9
LE Papers 7+12
LE Paper 1
LE Papers 1*+6
* Not required for a licensed representative applying to be a responsible officer. Note:
The above is extracted from the SFC's Guidelines on
Competence. Candidates are advised to refer to the
latest information available on the SFC's website (www.sfc.hk).
Regulated Activity 3 (Leveraged Foreign Exchange
Trading) is not included in the above table since the
HKSI does not offer any examination papers on this
subject.
There is no competence requirement for Regulated Activity 7 (Providing Automated Trading Services).
Hong Kong Futures Exchange Limited (HKFE)
The HKFE has recognised Papers 1, 7 and 9 of the LE. Staff of the Exchange Participants who wish to register as HKATS Exchange Participant Representatives are required to pass Papers 1, 7 and 9 of the LE in addition to the HKATS Rules and Procedures examination.
Office of the Commissioner of Insurance (OCI)
HKSI Practicing Certificates and HKSI Specialist
Certificates, which are granted to candidates who have
completed a preset combination of LE examination papers,
are recognised by the OCI. Holders of either of these
certificates are exempted from taking the
"Investment-linked Long Term Insurance Examination" of
the Insurance Intermediaries Quality Assurance Scheme (IIQAS).
