Examination Policies

1. Enrolment: Enrol for the examination through the HKSI Institute Online Portal or HKSI Institute Mobile application on or before the enrolment deadline.
2. Administration Fee: Offline enrolments incur an administration fee (refer to the Fee Schedule).
3. Selection: Applicants must select an examination, venue/mode (Hong Kong Examination Centre, Global Examination Centres, or Remote Examination Platform), and the proctor/invigilator (proctor) language for remote examinations before making a payment.
4. Changes: Once payment is made, you cannot change examination details (paper, venue/mode, proctor language) or date and time, except for specific examination papers allow rescheduling.
5. Fees: All fees paid are non-transferable and non-refundable, except as per the withdrawal policy. 

1. Examination Date: You must schedule your Computer-based Examination (CBE) to take place within 90 days from your enrolment date, unless otherwise specified. 
2. Seat Availability: Seats are limited and allocated on first-come, first-served basis. The scheduling deadline does not guarantee availability.
3. Scheduling: Scheduling is permitted for the same paper and mode, subject to availability.
4. Missed Deadline: If you do not schedule your examination session before the scheduling deadline, as indicated on the Online Portal/HKSI Institute Mobile app, you will be marked as ABSENT. Examination fees will not be transferable or refundable.

1. Applicable Examinations: This service applies to the following Computer-based Examination (CBE) enrolled via the HKSI Institute:
   • Licensing Examination for Securities and Futures Intermediaries (excluding Papers 4 and 10),
   • Certified Private Wealth Professional (CPWP) Module 1 Examination Paper 1
   • Post-training Examination for the Core Curriculum of the Certification Programme for Virtual Asset Professionals (CVAP)
2. Rescheduling Deadline: Rescheduling application must be done before the rescheduling deadline, which is six full days before the start of the scheduled examination session. For example, if your examination session starts at 11:00 am of a Saturday, the deadline is before 11:00 am on the preceding Sunday.
3. Session Availability: You can reschedule to any available session within 90 days of your enrolment date, subject to availability and for the same paper and mode.
4. Free Rescheduling: Rescheduling to a new date/time under the same mode is free. Global Examination Centre candidates can switch from one Prometric Examination Centre to another.
5. No Late Requests: No requests for rescheduling are allowed after the scheduling deadline, regardless of the reason.

1. Applicable Examinations: This service applies to the following examination enrolled via the HKSI Institute
   • Licensing Examination for Securities and Futures Intermediaries
   • Certified Private Wealth Professional Module 1 Examination 
2. Withdrawal Deadline: Withdrawal must be done before the withdrawal deadline, which is six full days before the start of the scheduled examination session or the scheduling deadline if no session is scheduled.  NO withdrawal application is allowed after the deadline. Assuming your examination session is start at 11:00 am of a Saturday, the withdrawal deadline is before 11:00 am, of the preceding Sunday.
3. Refunds: Only the examination fee, minus an administration fee of HKD500, is refundable. Refunds will be processed within 30 days and paid in Hong Kong dollars through the original payment method. If the original method is no longer valid, a refund cheque will be issued.
4. Cancellation: Withdrawal applications cannot be cancelled once submitted.
5. Withdrawn Records: Candidates can view their withdrawn records under the "UPCOMING ACTIVITY" tab of the Online Portal or the "My Exams" section of the HKSI Institute Mobile app before the scheduled examination date.

1. Arrangements: Arrangements may be made for candidates with special needs or disabilities.
2. Notification: Applicants requiring special facilities should notify the HKSI Institute via email to [email protected] on the day of enrolment, allowing sufficient time for the Institute to make appropriate examination arrangements. Applicants should also submit documentary evidence, such as medical proof, to support their request.
3. Additional Charge: Special arrangements may incur additional charge.

1. Required Documents: On examination/test (examination) day, you must present/provide the following, which must match your record in the HKSI Institute Online Portal:
• An original and valid government-issued identification document, with your photo and an English name. 
• The last four digits of your mobile phone number OR examination confirmation number.
2. Acceptable forms of Identification include:
   • Identity Cards (must include an English name), such as:
     • Hong Kong Identity Card
     • Acknowledgement of Application for a Hong Kong Identity Card
     • Macao SAR Resident Identity Card
       Note: Identity cards without an English name, such as the Mainland China Resident Identity Card, are NOT accepted.
   • Passports
   • Re-entry Permits, such as:
     • Mainland Travel Permit for Hong Kong and Macao Residents
     • Mainland Travel Permit for Taiwan Residents
     • Mainland Chinese Exit and Entry Permit for Travelling to and from Hong Kong and Macao
     • Mainland Chinese “special passport” for travelling to and from Hong Kong and Macao
   • Document of Identity for Visa Purposes
   • Asia-Pacific Economic Co-operation (APEC) Business Travel Card
3. Paper-based Examinations: Candidates must also bring their Admission Form, downloadable from the Online Portal three working days before the examination. It should be printed on a blank sheet of white A4 paper.
4. Verification: If the required document is NOT PROVIDED or the candidate’s identity cannot be verified, they will not be allowed to take the examination.  
5. Verification Process: If there are doubts about a candidate’s identity, the proctor(s)/invigilator(s) (invigilator(s)) will take photographs and/or photocopies of the identification document. Candidate must remove glasses, hats, or masks to ensure their full face is visible. The photographs and copies will be kept for further investigation. 
   If identity cannot be confirmed, examination results may be invalidated. Refusal to allow the invigilators to take photographs or photocopies of identification documents will result in disqualification and immediate removal from the examination centre.
6. Impersonation: Impersonation in a serious offence. Any incidents will be reported to the police, and offenders may face prosecution.

1. Arrival: Arrive at the assigned examination centre or log into the ProProctor platform by the admission start time. 
2. Late: Latecomers and those who fail to complete the identity verification will NOT be admitted after 30 minutes from the admission start time.
3. ABSENT Grade: You will receive an ABSENT grade if you
   • fail to present an original and valid government-issued identification documents, with a photo and an English name. For acceptable identification documents, please refer to the Identification Policy.;
   • fail to provide the last four digits of your mobile phone number/examination confirmation number;
   • English name or the last four digits of your mobile phone number/examination confirmation number not matching the HKSI Institute records; 
   • arrive at the examination centre, or log into ProProctor, but fail to complete the identity verification process 30 minutes after the admission start time; 
   • do not attend the examination;
   • do not schedule their examination session.
4. Rescheduling: Absentees will not be able to re-schedule their missed examination, and all fees paid are non-transferrable and non-refundable.

1. Electronic/communication Devices: Turn off all electronic/communication devices (including phones and watches) before entering the examination centre/room and keep them off throughout the examination.
2. Personal Belongings: All personal belongings must be placed in the designated area.  
3. Allowed Items: Only specific items (identification document, authorised electronic calculators, draft paper/noteboard and pencil/pen provided by the examination centre) are allowed on the desk. 
4. Inspection: Items needed during the examination will be inspected.
5. Headwear: Headwear is NOT permitted during the examination unless specially approved by invigilation staff. 

1. Allowed Examinations: The use of calculator is allowed for the following examinations:
   • Licensing Examination for Securities and Futures Intermediaries (LE) Papers 7 - 12
   • Certified Private Wealth Professional (CPWP) Examination Module 1
   • Certified International Investment Analyst (CIIA) Final Examination
2. Personal Calculators: Candidates may bring their own electronic calculators, provided the models are approved by the HKSI Institute.
3. Onscreen Calculator: An onscreen calculator is provided by default in the examination system for Computer-based Examinations.
4. Approved Models: Approved calculator models are updated annually and listed on the HKSI Institute website.

1. Return of Materials: You must return all examination materials after completing the examination. Leave the examination centre/ProProctor only with the invigilator’s approval.

1. Ownership: All examination materials are the exclusive property and ownership of the HKSI Institute and are strictly confidential. By taking the examination, candidates acknowledge HKSI Institute's sole ownership and exclusive intellectual property rights and non-disclosure of examination questions. Infringement may result in appropriate actions, and candidates will be liable for any losses, damages, and costs incurred by the Institute.
2. Prohibited Devices: Candidates should not employ, or be provided with, any devices, materials, or means ("Inappropriate Devices") that they reasonably know to have been improperly obtained, procured, or prepared to assist, facilitate, or enable them to undermine the integrity of any examinations administered by the HKSI Institute. The use of such Inappropriate Devices may constitute academic and professional misconduct, which the HKSI Institute reserves the right to report to relevant professional and/or regulatory bodies.

1. Proceeding as Scheduled: Examinations will proceed as scheduled unless the HKSI Institute officially announces a cancellation. Candidates should visit the HKSI Institute website and the HKSI Institute Mobile application for the latest updates.
2. Notification Methods: Candidates will be notified about examination arrangements or cancellations through the following methods:
   • HKSI Institute Examination Centre:
     • Via email from the HKSI Institute
     • Through the HKSI Institute Mobile application
   • Global Examination Centres or Remote Examinations:
     •  Via email from Prometric
3. Weather Conditions: In the event of a tropical cyclone (commonly known as “typhoon”) warning signal number 8 or above, a black rainstorm warning, or "extreme conditions", the HKSI Institute will normally announce examination cancellations on the HKSI Institute website and HKSI Institute Mobile application at least two hours before the scheduled start time.  For the LE in Macao, please click here to the Guidelines on the Cancellation and/or Rescheduling of Examinations.
4. During Examinations: If a typhoon warning signal number 8 or above, a black rainstorm warning, or "Extreme Conditions" is in force or anticipated to be in force while examinations are in progress, the examinations will continue until the scheduled end time.
5. Unexpected Situations: In the event of unexpected situations or technical problem during the examination that cannot be resolved promptly, the HKSI Institute will either replace the examination with an alternative mode (such as paper-based) or reschedule the examination. Refund requests will not be considered.
6. Refunds: If an examination is cancelled without rescheduling, the HKSI Institute will provide a full refund of the applicable examination fee(s) to affected candidates within 30 calendar days. Candidates do not have to apply for it.
7. Responsibility: The HKSI Institute will not be responsible for any losses incurred by candidates due to the cancellation and/or rescheduling of examinations.
8. Discretion: The HKSI Institute reserves the right to cancel or reschedule an examination at its sole discretion.

Misconduct during the examination/test (examination) leads to immediate suspension from further HKSI Institute examinations. Examination results will be withheld until the entire process for handling alleged misconduct is completed. Misconduct cases may be reported to the Examinations Disciplinary Panel and/or Appeal Panel for a decision. 

1. Definition: Examination misconduct includes any actions that compromise the fairness, integrity, or security of an examination. This can involve cheating, plagiarism, impersonation, collusion, disruptive behavior, forgery, or unauthorised access to examination materials. 
2. Responsibility: You are solely responsible for adhering to all examination regulations at all times. The Hong Kong Securities and Investment Institute (HKSI Institute) will NOT accept claims of misinformation by others (including invigilators/proctors/readiness agents (invigilation staff)) as an excuse to avoid disciplinary actions for any breach of the regulations. Such actions can lead to severe consequences, including suspension, invalidation of results, and any other necessary disciplinary actions.
3. Examples: Examination misconduct includes, but is not limited to:

   i.	engaging in conversations with anyone other than the invigilator(s);
   ii.	taking photographs, video-recordings or audio-recordings inside the examination centre at any time or during the examination session;
   iii.	writing or attaching any information on identification document, hands, skin, or other objects;
   iv.	starting to work on the examination materials before instructed to do so, or continuing to write/erase after being told to stop;
   v.	leaving any communication/electronic devices (including but not limited to mobile phone, electronic devices with text/graphics scanning functions; photo-taking/video-recording/audio-recording functions, data, text or image storage/display/audio play-back/video play-back functions, input/out and/or transmission of information) on throughout the examination session unnoticed;
   vi.	reading aloud the content of the examination question;
   vii.	having unauthorised materials, including but not limited to documents, textbooks, notes, dictionaries, tablets, electronic/communication devices, food, drink, and any other study materials on the desk or that are in candidate’s possession during the examination session;
   viii.	glancing or looking at another candidate’s materials or computer screen;
   ix.	having other individuals or animals present in the room during the examination session, regardless of interaction or assistance;
   x.	accessing, possessing, or using any unauthorised devices, such as communication/electronic device not approved by the HKSI Institute or has any feature(s) not in the section “Calculator Policy” and "Dictionary Policy" above, at any time during the examination session, including convenience break;
   xi.	copying from or using notes, books or electronic devices during the examination session;
   xii.	copying from the work of others, or using any written materials provided by others;
   xiii.	allowing other candidates to copy from their own writing whatsoever;
   xiv.	sharing examination materials and any kind (including but not limited to stationery and electronic calculators) between candidates during the examination session;
   xv.	unauthorised possession of examination questions belonging to HKSI Institute;
   xvi.	copying of any examination materials or information, in any manner or media;
   xvii.	attempting to take away examination materials from the examination centre;
   xviii.	causing a distraction or disturbance before the examination and/or inside the examination centre;
   xix.	vandalising examination materials or examination centre properties;
   xx.	taking the examination on behalf of another person or allowing another person to take the examination on their behalf;
   xxi.	altering or creating results and/or certificate documents and/or results records;
   xxii.	interference with the examination system resulting in unauthorised access, security circumvention, data manipulation and/or malware installation;
   xxiii.	unauthorised possession of any examination materials or information, in any manner or media, and distributing or disclosing any examination materials or information to any parties, with or without profit making purposes;
   xxiv.	consuming food or drink, smoking or littering inside the examination centre;
   xxv.	leaving the examination centre or monitoring device camera without permission;
   xxvi.	using threatening, abusive or insulting language and behaviours towards the invigilation staff or other candidates;
   xxvii.	disregarding instructions contained in the warning letter issued by the HKSI Institute regarding previous misconduct by the candidate during the examination(s);and
   xxviii.	disregarding any latest examination regulations published by the HKSI Institute.

    
4. Handling Misconduct: If a candidate is alleged to have engaged in misconduct, the case will be handled according to the established procedures for handling such cases.  

Whistleblowers can report any misconduct cases to the HKSI Institute. The HKSI Institute will investigate these reports to ensure the integrity of the allegations. The Institute will maintain the whistleblower’s confidentiality, disclosing their identity only with consent and when necessary for a thorough investigation.

To report any misconduct, please notify the HKSI Institute via email at [email protected].

* Performance Analysis is available for the LE, CPWP, CPWP Bridging, CVAP and TTC. 
This section does not apply to the PRC Securities Regulations Examination. For details regarding that examination, click here.

The Personal Data (Privacy) Ordinance (the “Ordinance”) has been effective in Hong Kong since late 1996.  This section is intended to help you understand your obligations and rights regarding the provision of your personal data to the Hong Kong Securities and Investment Institute (HKSI Institute) and how the HKSI Institute may use or handle such data. 

1. You must keep the HKSI Institute updated on any changes in your personal data from the time you enrol as candidates for an examination/test (examination) until you complete it.
2. The HKSI Institute will use the personal data provided for the following purposes:

   i	administering the examination and marketing;
   ii	delivering information about the examination;
   iii	maintaining candidate records;
   iv	distributing examination results to concerned candidates;
   v	posting of the full name and jurisdiction of Certified International Investment Analyst (CIIA) Candidates on the website of the Association of Certified International Investment Analysts (ACIIA), unless expressly requested not to do so by the respective CIIA Candidate in writing;
   vi	certifying candidates’ examination-related information to the relevant professional or regulatory bodies;  Certified International Investment Analyst (CIIA®) Final Examination - Association of Certified International Investment Analysts (ACIIA) Certified Private Wealth Professional (CPWP) Module 1 Examination/CPWP Bridging Programme Post-training Examination - Private Wealth Management Association (PWMA) and Hong Kong Monetary Authority (HKMA) Hong Kong Gold Exchange Qualification Examination (GXQE) - The Hong Kong Gold Exchange (HKGX) Licensing Examination for Securities and Futures Intermediaries (LE) - Securities and Futures Commission (SFC) and HKMA Licensing Examination for Securities and Futures Intermediaries (LE) in Macao - SFC, HKMA and the Macau Institute of Financial Services (IFS)  MPF Intermediaries Examination (MPF) - Mandatory Provident Fund Schemes Authority (MPFA) PRC Securities Regulations Examination - Securities Association of China (SAC) Trust Training Certificate (TTC) Examination - The Hong Kong Trustees' Association Limited (HKTA)
   vii	reporting information of candidates violating the examination regulations to the relevant professional or regulatory bodies, the police, inform relevant stakeholders, and display information about the misconduct case on HKSI institute website;
   viii	transferring, releasing, disclosing or providing to the relevant regulators or associations for monitoring, verifying and conducting matching (including “matching procedure” as defined in s.2 of the Personal Data (Privacy) Ordinance, Cap 486) purposes as well as any other related purposes of assisting the relevant professional or regulatory bodies to perform and discharge their functions;
   ix	informing candidates of activities, courses, examinations, products or services that the HKSI Institute believes may interest them;
   x	conducting research or statistical analysis;
   xi	promoting and providing services offered by the HKSI Institute, the relevant regulators or associations or such third parties as determined by the HKSI Institute;
   xii	releasing information to the relevant third parties on whose behalf the HKSI Institute administers, conducts or organises examinations and to any third party that the HKSI Institute engages to administer and/or conduct examinations for and on behalf of the HKSI Institute; and
   xiii	any other related purposes.

3. The HKSI Institute will keep your personal data confidential. Nevertheless, during its operations, the HKSI Institute may compare, transfer or exchange your data with the data already possessed, or obtained hereafter, by the HKSI Institute for these or any other purposes.
4. You have the right, under the Ordinance, to request access to, or correction of any data provided by you as per the manner and limitations prescribed therein.
5. As the Ordinance allows, the HKSI Institute has the right to charge a reasonable fee for the processing of any request for data access.
6. If you wish to request access to or correction of your data should do so in writing to the HKSI Institute as below:
   Hong Kong Securities and Investment Institute
   17/F, Cambridge House, Taikoo Place,
   979 King's Road, Quarry Bay, Hong Kong
   Curriculum and Examinations Department
   Administrative Officer
7. If you do not want to receive any information on activities, courses or examinations organised by the HKSI Institute should write to the HKSI Institute.

Candidate Registration Policy

1. Registration: To register for the CIIA Final Examination for the first time, candidates must sign up through the HKSI Institute Online Portal in the eForm section as a CIIA Registered Candidate.  Click here to view the Entry Requirements for the CIIA Final Examination.
2. Documentation: Applicants are required to provide photocopies of academic certificates, transcripts, and other supporting documents.
3. Fees: All fees paid are non-transferable. Once payment is made, applicants cannot withdraw from the registration application or changes the examination language. 
4. Remove Registration: To remove your name from the CIIA Final Examination register, submit a written request to the HKSI Institute. Registrations may also be removed on disciplinary grounds (refer to the Examination Misconduct section above for details).

Calculator Policy

1. Use of Calculators: The use of calculator is allowed for the CIIA Final Examination.
2. Personal Calculators: Candidates may bring their own electronic calculators.
3. Approved Models: Please refer to the approved calculator models for the CIIA Final Examination.

Dictionary Policy

1. Use of Dictionaries: CIIA candidates may use non-thematic translation dictionaries to translate between a foreign language and the examination language, without any annotations. Financial and thematic dictionaries are not allowed.

Details relating to this examination are only available in Traditional Chinese.

1.  考場紀律
   1. 考試一律在指定時間和考場內進行，考生應在預定的入場開始時間前到達指定考場報到，並按照考場工作人員指示完成現場拍照。有關相片將顯示在考試成績單上。如考生拒絕按照考場工作人員的要求完成現場拍照，香港證券及投資學會有權拒絕考生進入試場及/或取消考生的考試資格，其已繳付之費用概不得轉讓及退還。
   2. 所有個人物品將被檢查。除宗教或文化目的外，考試期間不允許配戴頭飾。
   3. 考試入場開始時間30分鐘後，考生不得進入考場參加考試，而該考生則視為缺考。
   4. 考生進入考場後，直至離開該考場，應服從考場工作人員管理及安排。
   5. 考生進入考場時必須攜帶准考證和有效香港永久性居民身份證。准考證可在考試前三個工作日從電子服務網站下載。准考證應打印在兩面皆空白之白色A4紙上。如果未能出示上述文件，及/或身份不能被確認的考生，將不會獲准應考。
   6. 考生應確保手機等電子通訊設備已處於關閉狀態直至離開考場(包括手機鬧鐘等)。考試過程中，如果發現考生手機未關閉或有翻看手機的情況，監考老師將該情況記錄在《考場紀律單》上。
   7. 考生應按准考證上指定的座位就座，入座後自覺將證件放在座位左上角，以備監考人員檢查。
   8. 考試過程中，考生桌面上只放置HB鉛筆、橡皮、准考證及身份證等，其他與考試無關的物品一律按監考人員要求存放在指定位置。 考試期間未經監考老師允許，考生不得取用已經存放的個人物品。
   9. 在考試過程中，考生應自覺遵守考場秩序，保持考場安靜，如有查詢，考生應舉手示意，請監考人員幫助。
   10. 考生進入考場直至考試結束前一律不得擅自離開座位和考場(提前交卷者除外)，如有特殊原因需要暫離考場，必須有監考人員陪同。
   11. 考試開考40分鐘後考生方可交卷離場。 提前交卷的考生，將答題卡、試卷反轉平置於桌面，待監考人員清點無誤收回後，應立即離開考場，不得在考場附近逗留、談論或喧嘩。 離場時不得將答題卡、試卷等考試用紙帶離考場。
   12. 考試時間結束，考生應當立即停止答卷，並將答題卡、試卷留於桌面，待監考人員清點無誤收回後，離開考場。
   13. 考生在考試期間，應自覺遵守考場紀律，如被監考人員發現有違反考場紀律的行為，應主動配合監考人員的檢查。
2.  違規處理
   1. 協會根據違規行為的嚴重程度，分為輕微、一般、嚴重、特別嚴重四類，並相應採取取消當場成績、取消當次全部考試成績、禁止一定期限內參加考試以及認定不適合從事相關業務等措施，上述違規資訊將納入證券行業執業聲譽激勵約束機制。因一般違規、嚴重違規、特別嚴重違規被協會採取禁止一定期限內參加考試等措施的，禁考期間內參加考試的，成績無效。
   2. 考生存在以下輕微違規情形之一，經勸告無效的，協會將採取取消當場成績的措施：
      1. 未按要求將與考試無關的物品存放在指定位置的；
      2. 未在規定座位參加考試，或者在考試過程中擅自離開座位的；
      3. 被判定考試成績異常，且未按要求重新參加考試的；
      4. 將准考證、草稿紙帶離考場的；
      5. 應當給予相應處理的其他違規行為。
   3. 考生存在以下一般違規情形之一的，協會將採取取消當場成績、自違規行為確認之日起十二個月內禁止參加考試的措施：
      1. 在考試過程中查閱有關紙質材料的；
      2. 偷看、抄襲答案或者協助他人抄襲的；
      3. 不服從工作人員管理，實施影響他人考試行為的；
      4. 應當給予相應處理的其他違規行為。
   4. 考生存在以下嚴重違規情形之一的，協會將採取取消當次全部考試成績、自違規行為確認之日起二十四個月內禁止參加考試的措施；同時，協會將對上述考生中完成執業登記或正在進行執業登記申請的人員採取認定二十四個月不適合從事相關業務的紀律處分：
      1. 在考試中使用手機等電子設備查閱相關內容的；
      2. 偽造相關證件、檔案、證明等其他材料取得考試成績的；
      3. 故意損毀、破壞考試設備的；
      4. 考生在考試過程中由工作人員協助實施作弊的；
      5. 應當給予相應處理的其他違規行為。
   5. 考生存在以下特別嚴重違規情形之一的，協會將採取取消當次全部考試成績、自違規行為確認之日起六十個月內禁止參加考試的措施；同時，協會將對上述考生中完成執業登記或正在進行執業登記申請的人員採取認定三十六個月不適合從事相關業務的紀律處分：
      1. 組織作弊，或者為他人實施組織作弊行為提供便利的；
      2. 由他人冒名代替參加考試或者冒名代替他人參加考試的；
      3. 抄寫或使用攝錄設備獲取考試內容的；
      4. 在考試過程中使用器材接收、發送有關資訊的；
      5. 威脅、侮辱、誹謗、毆打或報復工作人員，造成工作人員人身傷害或財產損失的；
      6. 應當給予相應處理的其他違規行為。
3. 違規申訴

考試當場發現違規行為的，考生如對考試現場違規處理有異議，須在考試之日起十五個工作日內向協會提出書面申辯意見。

考試之後發現違規行為的，協會應向其發送通知，告知其違規事實和初步處理意見，考生對違規認定及初步處理意見有異議的，應在收到通知後七個工作日內向協會提出書面申辯意見。