Certification Programme for Virtual Asset Professionals (CVAP)
The CVAP aims to develop core competencies in virtual asset (VA) for financial services practitioners offering VA-related services. The programme is developed in consultation with industry practitioners and the Securities and Futures Commission.
Who should enrol?
- Practitioners providing VA dealing or advising services;
- Practitioners distributing VA-related products;
- Private or retail wealth managers;
- Asset managers;
- Traditional financial services practitioners and university students interested in VA.
Programme Details
Please refer to the User Guide for details instructions before enrolling in this programme.
The CVAP follows a two-step completion process, which must be finished within six months of enrolling in the core curriculum:
- Step 1: Complete the Core Curriculum
- Step 2: Complete two Elective Modules
Upon completing the Core Curriculum, participants will receive the Virtual Asset Fundamentals Certificate. Those who successfully complete both elective modules within the required timeframe will be awarded the Certificate of Virtual Asset Professional. The certificates will be available on the Online Portal.
The programme is offered in English only. Each training module is one hour in duration and qualifies for Continuous Professional Training (CPT) hours.
The Core Curriculum is designed to impart essential knowledge in regulatory, industry, and product related topics, which include an eCourse with three fundamental modules and a post-training examination.
Completion of the eCourse with all three fundamental modules is a prerequisite for eligibility to sit the post-training examination.
The CVAP Core Curriculum is pending inclusion as one of the eligible programmes under the financial incentive scheme of the WAM Pilot Programme. Once included, WAM eligible participants can apply to reimburse 80% of the programme fee upon completing the eCourse and passing the post-training examination. Please refer to the WAM Pilot Programme website (Financial Incentive Scheme) for application details.
Upon enrolling in the Core Curriculum, participants will gain 90-day access to an eCourse comprising the following three fundamental modules:
Module 1: Introduction to Virtual Assets
Module 2: Overview of VA-related Products in Traditional Financial Market
Module 3: Overview of the Virtual Asset Regulatory Landscape in Hong Kong
To be eligible for the post-training examination, participants are required to complete the eCourse five days before the scheduled examination date.
The post-training examination of the CVAP Core Curriculum is designed to assess participants’ general understanding of the subject matters covered in the fundamental modules.
Here are the details:
- Prerequisite: Completed all 3 fundamental modules at least 5 days before the scheduled examination date.
- Format: 40 multiple-choice questions
- Duration: 60 mintures
- Pass marks: 80%
- Frequency: Monthly
- Mode: Computer-based examination
- Venue: HKSI Institute Computer-Based Examination (CBE) Centre
Participants who do not pass the initial examination are allowed to retake the examination within 6 months of enrolling the Core Curriculum, and they are NOT required to retake the eCourse.
The elective modules mainly focus on activities related to VA dealing and advisory as well as VA-related product distribution, covering topics, including tokenisation, custody, selling conduct, and portfolio management. This structure allows participants to tailor their learning experiences to meet their specific professional development needs.
Participants are required to complete any two of the following modules. Each elective module includes a post-course assessment in the form of multiple-choice questions, which participants must pass with a minimum score of 80% to successfully complete the module.
You can enrol in the elective modules* directly by clicking on the course links below:
- Module 4: Regulatory Requirements for Selling Virtual Asset ("VA") Products
- Module 5: Introduction to Tokenisation
- Module 6: Introduction to Virtual Asset Portfolio Management
- Module 7: Virtual Asset Custody for Asset Management
*More modules will be added soon.
- The Virtual Asset Fundamentals Certificate will be awarded to participants who successfully complete the Core Curriculum within the required timeframe.
- The Certificate of Virtual Asset Professional will be awarded to holders of the Virtual Asset Fundamentals Certificate who complete two elective modules and pass the respective post-course assessments within the required timeframe.
Total programme fee of the CVAP
- Member price: HKD3,400
- Non-member price: HKD4,800
Here is the programme fee breakdown:
Step 1: Core Curriculum
- Member price: HKD2,800
- Non-member price: HKD3,600
The fee includes one post-training examination session, an eCourse comprising three fundamental modules with relevant training materials and post-course quizzes, and the Virtual Asset Fundamentals Certificate.
Step 2: Two Elective Modules
- Member price: HKD300 per module x 2 = HKD600
- Non-member price: HKD600 per module x 2 = HKD1200
The fee includes an eCourse with relevant training materials and a post-course assessment.
Special discounts are offered for certain friendly associations. Contact us for more information!
Please refer to the Frequently-asked Questions (FAQs) to know more.
Click here if you are interested in other VA related courses.