Is there any relationship between the Securities and Futures Commissions (SFCs) licensing requirements and HKSI qualifications?
By passing the appropriate combination of LE papers, you will fulfill the SFCs competence requirements in respect of industry qualification and regulatory knowledge for respective regulated activities under the Securities and Futures Ordinance (SFO), either as a Representative or as a Responsible Officer. For details, please refer to the SFCs Guidelines on Competence (http://www.sfc.hk/sfcRegulatoryHandbook/EN/displayFileServlet?docno=H203) and the List of Recognized Industry Qualifications and Local Regulatory Framework Papers (http://www.sfc.hk/sfc/doc/EN/intermediaries/licensing/riq_lrfp_eng.pdf) Even if you do not wish to apply for any licence with the SFC, on completion of a preset combination of LE papers, you will still be awarded with HKSI certificates which are HKSI Practising Certificates and HKSI Specialist Certificates. The following tables show the combination of LE papers you have to complete in order to obtain HKSIs certificates.
