The study manuals for LE Papers 9 and 12 are updated for examinations from 1 December 2020 onwards.

The latest edition of study manuals for LE Paper 9 “Derivatives” (Version 3.1) and Paper 12 “Asset Management” (Version 3.4) are now available. With effect from 1 December 2020, examination questions of the LEs will be based on these manuals. For details, please refer to Updating Your Study Manuals.