The Hong Kong Trustees’ Association Limited (HKTA) launched Certified Trust Practitioners (CTP) accreditation program in Hong Kong to develop talent, set professional standards within the trust and fiduciary services industries. The HKTA has partnered with the Hong Kong Securities and Investment Institute (HKSI Institute) to introduce the Trust Training Certificate (TTC). An individual who complete both TTC Course and Examination will be awarded the TTC. TTC Examination is the qualifying examination specified by the HKTA as meeting the registration requirements to be a Certified Trust Practitioners (CTP).
Individuals completed seven units of corresponding TTC Course not more than three years prior to the date of examination are eligible to enrol for the corresponding examination paper of TTC Examination.
|TTC Course||Corresponding Examination Paper|
|Part A Unit 1- Unit 7||TTC Examination Part A|
|7 Units of Part B Unit 8 - Unit 17||TTC Examination Part B - Stream 1|
|7 Units of Part B Unit 11 - Unit 12, Unit 17 - Unit 22||TTC Examination Part B - Stream 2|
Please download the Examination Syllabus.
Candidates need to attend the TTC training course to sit the TTC examinations. The TTC Examination comprises two parts, Part A and Part B, and conducted in paper-based mode.
For Part A Examination, all examination papers will be offered in English, and examination questions will contain 30 multiple-choice questions (MCQs) and two short questions. The total marks (60) of MCQs and short questions are equal in the Examination. The MCQs section is worth 30 marks and the short-answer section of the paper is worth 30 marks. The MCQs all carry equal marks. The marks for the short-answer questions may not be equal. Examination duration is 90 minutes. The pass mark is 60% of the total mark.
MCQs contain a stem and four (4) answer choices including only one (1) correct answer. Short questions are formatted as a case study and scenario-type questions that requires candidates to apply and integrate knowledge and skills from different areas of the trust industry. Candidates will be required to answer all questions in each paper.
Multiple Choice Questions
The MCQs will have four alternatives to choose from where one is the correct or best answer. All questions are equally weighted and there is no penalty for an incorrect answer.
What is the purpose of a Special Trusts Alternative Regime (“STAR”) trust?
A. To provide a non-charitable purpose trust which could benefit persons and purposes
B. To allow for trusts whereby settlors could still manage the underlying operating companies
C. To allow for trusts which have a perpetuity period of 150 years
D. To allow for trusts that are perpetual
What are the mechanisms put in place by the Mandatory Provident Funds Authority (“MPFA”) to protect members of MPF Schemes in Hong Kong?
I. Approval and registration of the trustees
II. Capital adequacy of the trustees
III. Fitness and propriety test of the controllers of the trustees
IV. Indemnity insurance by the MPFA
A. I and III only
B. II and IV only
C. I, II and III only
D. I, II, III and IV
For the short-answer questions, you will be provided with a scenario and you will be asked to answer some (3 to 4) sub-questions such as giving an explanation or providing a solution.
You do not need to answer in essay form, point form answers are acceptable.
To be awarded the Trust Training Certificate, candidates must:
- attend seven units of both Part A (foundation) and Part B (advanced) of the TTC Course;
- complete the Part A and Part B of TTC Examination within three years from the date of the first class of course of relevant part; and
- attend the part of TTC Course BEFORE complete the corresponding TTC Examination.
Candidates who have completed Trust Training Certificate (TTC) Course and Examination will also need to fulfil the HKTA's "CEM" requirements before they are obtained Certified Trust Practitioner (CTP) designation.
For details of the requirement for CTP designation, please refer to the HKTA website.
|Examination Paper||Examination Date and Time||Enrolment Deadline||Release of Examination Results||Examination Fee (HK$)|
|Part A Foundation||13 April 2019 (Sat)
11:30 - 13:00
|3 April 2019 (Wed)||To be announced||2,000|
Part B Advanced
(Stream 1 or Stream 2)
|To be announced||To be announced||To be announced||2,000 each|
1. Enrolment is on a first-come-first-served basis.
2. The dates and times shown in this timetable refer to the dates in Hong Kong and the Hong Kong Standard Time as announced by the Hong Kong Observatory.
3. The timetable and fee are subject to change without prior notice.