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||20 hrs||12 hrs||32 hrs|
|Examinations||Financial Instruments (Paper 1) – 1 hr 20 min|
Wealth Management (Paper 2) – 1 hr 40 min
|1 Paper – 1 hr||4 hrs|
|Examination Format||Paper 1: Multiple Choice|
Paper 2: Multiple Choice + Structured Question
The Training Hours are in-class training hours.
The PWM practitioners can opt to attend class lectures or undertake self-study.
Please note that updated syllabus for the CPWP Module 1 Examination has been released in December 2020 for Paper 1 and February 2021 for Paper 2.