The ECF contains two modules – Module 1 on Technical, Industry and Product Knowledge and Module 2 on Ethics and Compliance. Please refer to “Detailed Syllabus” for information on the detailed syllabus for Module 1 and Module 2.
The table below highlights the requirements of ECF:
and Product Knowledge
Ethics and Compliance
|Training Hours||40 hrs||12 hrs||52 hrs|
|Examinations||Financial Instruments (Paper 1) – 2 hrs|
Wealth Management (Paper 2) – 2 hrs 40 min
|1 Paper – 1 hr||5 hrs 40 min|
|Examination Format||Multiple Choice||Multiple Choice|
The Training Hours are in-class training hours.
The PWM practitioners can opt to attend class lectures or undertake self-study.
Please note that the CPWP Module 1 is currently under review and the new examination based on the revised syllabus will be launched in December 2020 for Paper 1 and February 2021 for Paper 2. For more details, please visit the HKSI website (https://www.hksi.org/en/qualification/professional-qualifications/cpwp/overview/).