Overview

To assist candidates to prepare for the Licensing Examination for Securities and Futures Intermediaries (LE) Paper 5 - Regulation of Corporate Finance, the HKSI Institute has launched the eStudy Guide. With effect from 1 March 2026, examination questions of the LEs will be based on this guide.

Terms and Conditions:
1. Users can download this eStudy Guide via the “Upcoming Activity” > "CPT/Non-CPT Activity" page of the Online Portal within 90 days after purchase. After 90 days, you are required to order again if you want to access the same eStudy Guide.
2. Purchased eStudy Guide(s) cannot be returned, refunded or exchanged once an order made and paid the fee successfully. If you experience difficulties downloading your purchased eStudy Guide(s), please email to [email protected].
3. This eStudy Guide will be available for free download via the “Upcoming Activity” > "Examination" page of the Online Portal if you have enrolled the LE Paper 5 Examination.
4. Amendments and updates of the eStudy Guides are made periodically or when deemed necessary to reflect changes in applicable laws, rules, regulations, codes and market practices in Hong Kong. Individual have to pay attention to the version or edition of the eStudy Guides with their corresponding examinations.

Content

Topic 1: Overview of the legal and regulatory structure and code of conduct
Topic 2: Listing on The Stock Exchange of Hong Kong Limited
Topic 3: Takeovers and mergers and share buy-backs
Topic 4: Miscellaneous

Who should attend

Any interested person or those who would like to study before enrolling for the examination.