{"id":1547,"date":"2020-08-27T13:56:04","date_gmt":"2020-08-27T05:56:04","guid":{"rendered":"http:\/\/project-pwma-uat.ltworkshop.com\/?post_type=ecf_faqs&#038;p=1547"},"modified":"2021-04-13T20:19:36","modified_gmt":"2021-04-13T12:19:36","slug":"what-relevant-experience-would-be-counted-in-the-10-years","status":"publish","type":"ecf_faqs","link":"https:\/\/www.pwma.org.hk\/en\/ecf_faqs\/what-relevant-experience-would-be-counted-in-the-10-years\/","title":{"rendered":"What relevant experience would be counted in the 10 years?"},"content":{"rendered":"\n<p>Those Relevant Practitioners who have at least 10 years of relevant customer-facing work experience described below, may be eligible for grandfathering.<\/p>\n\n\n\n<figure class=\"wp-block-table is-style-regular\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Recent PWM customer-facing functions<\/strong><br>(i.e. x = at least 5 years)<\/td><td class=\"has-text-align-center\" data-align=\"center\"><strong>AND<\/strong><\/td><td><strong>Other customer-facing functions in the financial services industry<\/strong><br>(i.e. y = (10 years minus x), and multiplied by 2<br>[if x is not greater than 10 years])<\/td><\/tr><tr><td>5 years<\/td><td class=\"has-text-align-center\" data-align=\"center\"><\/td><td>10 years<\/td><\/tr><tr><td>6 years<\/td><td class=\"has-text-align-center\" data-align=\"center\"><\/td><td>8 years<\/td><\/tr><tr><td>7 years<\/td><td class=\"has-text-align-center\" data-align=\"center\"><\/td><td>6 years<\/td><\/tr><tr><td>8 years<\/td><td class=\"has-text-align-center\" data-align=\"center\"><\/td><td>4 years<\/td><\/tr><tr><td>9 years<\/td><td class=\"has-text-align-center\" data-align=\"center\"><\/td><td>2 years<\/td><\/tr><tr><td>&gt;= 10 years<\/td><td class=\"has-text-align-center\" data-align=\"center\"><\/td><td>0 year<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>The counting of years of relevant experience is calculated up to the nearest month, with days less than one month rounded up to the nearest month and cut-off as at December 2014.<\/p>\n\n\n\n<p>For example, an applicant employed in a PWM institution with customer-facing functions from 20 March 2007 to 31 December 2014, would have 7 years and 10 months relevant working experience and would need to have an additional 4 years and 4 months relevant working experience in other customer-facing functions in the financial services industry in order to meet the 10 years relevant working experience requirement.<\/p>\n","protected":false},"featured_media":0,"parent":0,"menu_order":43,"template":"","categories":[39],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.pwma.org.hk\/en\/wp-json\/wp\/v2\/ecf_faqs\/1547"}],"collection":[{"href":"https:\/\/www.pwma.org.hk\/en\/wp-json\/wp\/v2\/ecf_faqs"}],"about":[{"href":"https:\/\/www.pwma.org.hk\/en\/wp-json\/wp\/v2\/types\/ecf_faqs"}],"wp:attachment":[{"href":"https:\/\/www.pwma.org.hk\/en\/wp-json\/wp\/v2\/media?parent=1547"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pwma.org.hk\/en\/wp-json\/wp\/v2\/categories?post=1547"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}