Trust Training Certificate Examination
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 are required to complete all seven units of corresponding TTC Course within three years, counting from the first unit attended up to five working days before sitting the examination
| TTC Course | Old Syllabus | New Syllabus | ||
| Course Units | Corresponding Examination Paper | Course Units | Corresponding Examination Paper | |
| Part A | Unit 1 – Unit 7 taken on or before 31 December 2023 | TTC Examination Part A on or before 1 June 2024 | Unit 1 – Unit 7 are to be taken after 1 April 2024 | TTC Examination Part A from 15 June 2024 |
| Part B | Unit 8 – Unit 11, Unit 13 – Unit 14 and Unit 17 are to be taken on or before 30 June 2024 | TTC Examination Part B - Stream 1 on or before 8 June 2024 | Unit 8 – Unit 11, Unit 13, Unit 17 and Unit 19 are to be taken after 1 July 2024 | TTC Examination Part B - Stream 1 from 1 September 2024 |
| Part B | Unit 11 and Unit 17 – Unit 22 are to be taken on or before 30 June 2024 | TTC Examination Part B - Stream 2 on or before 8 June 2024 | Unit 11 and Unit 17 – Unit 22 are to be taken after 1 July 2024 | TTC Examination Part B - Stream 2 from 1 September 2024 |
Applicants cannot sit the corresponding examination if they are unable to meet the enrolment prerequisites for the TTC Examination.* The HKSI Institute will withdraw their examination enrolment application automatically before the date of examination.
* Please refer to its website for details of the Policies and Procedures for CPT Training Courses and Events.
Important Note: Applicants who have completed any TTC Course under the old syllabus are not eligible to take the examination paper of new syllabus.
Examination Syllabus
As of March 2024, the TTC Course has been updated to a broad based syllabus. The current (old) syllabus will remain available until 8 June 2024. Both the old and new syllabuses for the TTC Examination are available for download:
Old Syllabus (Part A)
New Syllabus (Part A version 2.0) and Syllabus (Part B)
Examination Structure
Format: Multiple-choice question (MCQ)
Language: English
Mode: Paper-based Examination [for examinations on or before 8 June 2024 (Old Syllabus)]
Computer-based Examination [for examinations from 15 June 2024 (New Syllabus)]
Pass Mark: 70%
| Examination Paper | No. of MCQs |
Duration (minutes) |
| Part A | 60 | 90 |
| Part B Stream 1: Private Trust; or Stream 2: Collective Investment Schemes (CIS) / Retirement Schemes |
60 | 90 |
Multiple Choice Questions (MCQs)
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.
Example 1
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
Example 2
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
To be awarded the Trust Training Certificate, individuals are required to complete
- all seven units of corresponding TTC Course with three years, counting from the first unit attended up to five working days before sitting the examination; and
- the Part A and Part B of TTC Examination within six years from the date of the first class of TTC course.
Candidates who have completed Trust Training Certificate (TTC) Course and Examination will also need to fulfil the HKTA's "CEM" “Certification, Experience and Membership” 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 | Examination Fee (HKD) |
|
| Part A | Old Syllabus | 1 June 2024 (Sat) 9:15 - 10:45 |
20 May 2024 (Mon) | 2,000 |
| Part A version 2.0 | New Syllabus | 15 June 2024 (Sat) 9:15 - 10:45 |
8 April 2024 (Mon) | 2,200 |
| Part B (Stream 1 or Stream 2) |
Old Syllabus |
8 June 2024 (Sat) |
22 May 2023 (Wed) | 2,000 each |
| Part B (Stream 1 or Stream 2) | New Syllabus |
Not yet available |
Not yet available | 2,200 each |
Release of Examination Results: Approximately ONE Month after the examination
Notes
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.
