2019 New Version of Study Guide
Starting from September 2019, an enhanced Study Guide (2019 Version) will be used for training and examination. The CPWP M2 – Ethics and Compliance Study Guide is updated periodically or when deemed necessary to reflect changes in applicable laws, rules, regulations, codes and market practices in Hong Kong.
For enquiries, please contact our staff at 2190 7072.
The Enhanced Competency Framework (ECF) was developed by a Task Force chaired by the Hong Kong Monetary Authority to ensure individuals engaged in providing services to private wealth management (PWM) clients have an enhanced level competency in the technical, industry, product knowledge, ethics and compliance areas.
Coordinated with the Private Wealth Management Association (PWMA), HKIB will be the sole provider of the Module 2 training programmes and examinations in Hong Kong.
New entrants and existing PWM industry practitioners engaged by PWM institutions who are involved in customer-facing roles making personalized or customized solicitations or recommendations to customers in the provision of securities dealing and advisory service and/or portfolio management service.
|Part A E1: Legal and Regulatory Regime in Hong Kong
|Part A E2: Regulatory Requirements on Sale of Investment Products
|Part A E3: Other Relevant Laws and Regulations
|Part B E4: Ethical Standards Set by the PWMA
|Part B E5: Fiduciary Duties, Ethical Values and Professional Conduct
|Part B E6: Practical Application of Legal and Regulatory Requirements
|Part B E7: Controls and Accountabilities: Reporting and Escalation Policies
|Part B E8: Risk Management, Risk Governance and Risk Culture of PWM Institutions
The Certified Private Wealth Professional (CPWP) Module 2 Refresher Programme Series helps candidates to review and refresh knowledge covered in CPWP Module 2 Examination syllabus. This series consists of 4 sessions. Candidates have the flexibility to select the topics based on their learning needs. We highly recommend candidates to enroll this series for better preparation for CPWP Module 2 Examination.
This programme has been included in the list of reimbursable courses for WAM pilot programme. For WAM pilot programme applicants, 80% of the course fee will be reimbursed upon meeting the 80% attendance requirement effective from 1 October 2016. For more details, please visit: www.wamtalent.org.hk
|Regulatory Regime in Hong Kong and Requirements on Sale of Investment Products (Exam Syllabus of Topic 1 and 2)||3|
|Relevant Laws and Regulations Relating to Client Engagement and Relationship Building (Exam Syllabus of Topic 3)||3|
|Ethics and Practical Application of Legal and Regulatory Requirements for Private Banking (Exam Syllabus of Topic 4 to 6)||3|
|Risk Management, Risk Governance and Risk Culture of Private Wealth Management Institutions (Exam Syllabus of Topic 7 and 8)||3|
|Examination||Format||Pass Mark||Duration (hour)|
|CPWP Module 2: Ethics and Compliance||Multiple Choice Questions||70||1|