Post-training Examination for the Core Curriculum of the Certification Programme for Virtual Asset Professionals (CVAP)
The Certification Programme for Virtual Asset Professionals (CVAP) aims to develop core competencies in virtual asset (VA) for financial services practitioners offering VA-related services. As the crucial part of the CVAP, the CVAP core curriculum impart essential knowledge in regulatory, industry, and product related topics through an eCourse with three fundamental modules and a post-training examination. The post-training examination assesses participants’ knowledge of the fundamental modules, ensuring that they have acquired the essential knowledge related to VA.
The CVAP core curriculum is pending inclusion as one of the eligible programmes under the financial incentive scheme of the Pilot Programme to Enhance Talent Training for the Asset and Wealth Management Sector (“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. Participants who do not pass the post-training examination must retake and pass the re-examination within one month from the date of their first examination to qualify for the reimbursement.
Examination Syllabus
Please download the Examination syllabus and expected learning outcomes
Examination Format
- Prerequisite: Completed all 3 fundamental modules at least five days before the scheduled examination date
- Language: English
- Number of questions: 40 multiple-choice questions
- Duration: 60 minutes
- Pass mark: 80%
- Mode: Computer-based examination - Examination Simulator
- Venue: HKSI Institute Computer-Based Examination (CBE) Centre (Examination Day Flow)
- Frequency: Monthly
* For the examination dates and application deadlines, please click here. Please note that enrolment is on a first-come-first-served basis.
- General Rules and Regulations:
- Candidates are strongly advised to carefully read all the rules and regulations set before attempting any examination.
- Key areas covered included “General Rules”, “Proof of Identity”, “Use of Electronic Calculators” and “Misconduct”.
- Handling Misconduct Cases:
- If a candidate is suspected of breaching examination regulations during the examination:
- Immediate suspension from taking any further HKSI Institute’s examinations.
- Examination results are withheld until the entire process for handling alleged misconduct cases is completed and the candidate is not disqualified from the examination.
- Suspension Period and Rescheduling:
- During the suspension period, candidates cannot re-schedule their enrolled examinations to another session.
- All fees paid are non-transferable and non-refundable.
- Investigation and Decision Making:
- The HKSI Institute will investigate all alleged misconduct cases.
- Cases may be reported to the Examinations Disciplinary Panel and/or Appeal Panel for decision-making.
- Consequence of Breach:
- Failure to observe regulations may lead to disqualification from the examination.
- Candidates may be suspended from taking any HKSI Institute examinations from six months to five years.
- Reporting and Record Keeping:
- The HKSI Institute will report instances of candidates breaching these examination regulations to the Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority (HKMA).
- The Institute reserves the right to report to the police, inform relevant stakeholders, and display information about the misconduct case on its website.
- All misconduct cases are recorded in candidates’ personal records maintained by the Institute for future reference.
Read All the Rules and Regulations
The CVAP Core Curriculum Post-training Examination will be based on the latest training materials of the CVAP core curriculum. Candidates retaking the examination can access the latest training materials, including the training deck or study notes (if available), via the Online Portal. However, the eCourse will not be provided.
- All examination results are graded as follows:
PASS or
FAIL or
ABSENT
- Candidates can view their grade in the examination system immediately after the respective examination session.
- Candidates can download and print the Notification of Results and Performance Analysis from the Online Portal approximately 24 hours after each examination. If candidates cannot obtain their Notification of Results from the Online Portal within one day of the aforementioned timeframe, please contact the Institute at [email protected].
- The Notification of Results and Performance Analysis will be available for candidates to download and print from the Online Portal within ONE YEAR of the examination date.
Candidates may request for results rechecking service if they believe that a grading error has occurred. Please click here for details.
Upon completing the core curriculum, participants will receive the Virtual Asset Fundamentals Certificate.
Holders of the Virtual Asset Fundamentals Certificate who complete two elective modules and pass their respective post-course assessment within the required timeframe will be awarded the Certificate of Virtual Asset Professional.
Both certificates will be available in the Online Portal approximately eight working days after the examination or completion of the elective modules.
Candidates who have lost or damaged their official Notification of Results and/or HKSI Institute Certificates or request for the Notification of Results and HKSI Institute Certificates after the display period in the Online Portal may apply for a Statement of Results. Please click here for details.
Candidates need to be aware of the guidelines for cancelling or rescheduling of examinations due to bad weather or any unexpected situation.
Candidates will be notified via email and HKSI Institute Mobile App regarding the examination arrangement or cancellation.
Guidelines on Examination Cancellation/Rescheduling Due to Bad Weather or Unexpected Situation
The Personal Data (Privacy) Ordinance (the “Ordinance”) has been effective in Hong Kong since late 1996. This notice is intended to help candidates understand their obligations and rights regarding the provision of their personal data to the Hong Kong Securities and Investment Institute (HKSI Institute) and how the HKSI Institute may use or handle such data.
- Candidates must keep the HKSI Institute updated of any changes in their personal data from the time they enrol as candidates for an examination until they completed it.
- 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 distribution of examination results to concerned candidates; v informing candidates of activities, courses, examinations, products or services that the HKSI Institute believes may interest them; vi conducting research or statistical analysis; vii promoting and providing services offered by the HKSI Institute or such third parties as determined by the HKSI Institute; viii 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 ix any other related purposes. - The HKSI Institute will keep candidates’ personal data confidential. Nevertheless, during its operations, the HKSI Institute may compare, transfer or exchange their data with the data already possessed, or obtained hereafter, by the HKSI Institute for these or any other purposes.
- Candidates have the right, under the Ordinance, to request access to, or correction of any data provided by them as per the manner and limitations prescribed therein.
- As the Ordinance allows, the HKSI Institute has the right to charge a reasonable fee for the processing of any request for data access.
- Candidates who wish to request access to or correction of their 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 - Candidates who do not want to receive any information on activities, courses or examinations organised by the HKSI Institute should write to the HKSI Institute.
Participants of the CVAP core curriculum may retake the examination within six months of enrolling if they have completed the eCourse, i.e., three fundamental modules, but:
- FAILED the previous scheduled examination(s); or
- Were ABSENT from the previous scheduled examination(s); or
- Did NOT schedule the examination before the scheduling deadline.
Participants who do not complete the eCourse for the CVAP Core Curriculum Post-training Examination five days before the scheduled examination cannot sit the examination. The HKSI Institute will automatically withdraw their examination enrolment, and all fees paid will be non-transferable and non-refundable.
Examination fee: HKD1,500 per attempt
Click here for details and the steps to enrol for a retake examination.
Click here for details on rescheduling.
Please refer to the Frequently-asked Questions (FAQs) to know more about CAVP Qualification Programme.
You can find frequently asked questions about examination below or click here for other questions.
- Why I can only choose the examination session within the two weeks being shown in ProScheduler?
- Who should I contact if I encounter issues while scheduling an examination session through the "ProScheduler" platform?
- What are the key points to keep in mind on the examination date?
- On the examination day, if I am unable to attend, can I request a reschedule or seek a refund?