Recent AMAC Announcement on Industry Examinations
AMAC recently announced that from 4 May 2018, Fund Practitioners will be able to take the industry’s qualifying examination in English.
Fund Practitioners who intend to take the examination must meet the following criteria:
Must be aged 18 or above, and have no physical or mental impairments that would impede their ability to perform their duties;
Must be a foreigner and a member of Senior Management of either wholly-foreign owned or joint venture Private Fund Managers (including Chairmen, CEOs, GMs, Vice GMs and Investment or Trading Heads, who oversee investments, research and trades). Please note: Compliance and / or Risk Management personnel are required to pass the licensing examination in Chinese;
Foreign Senior Managers must have overseas asset management qualifications or must be registered as CFA members, and have a minimum of 5 years’ experience in overseas asset management;
Foreign Senior Managers from HK & Macau financial institutions can take the English language examinations and apply later for the Fund Practitioners License;
Other conditions may be imposed from time to time by the CSRC & AMAC.
The exam is two hours long, to be completed online, consists of 100 questions and is a closed-book examination.
The applicants must apply online and upload relevant documents
Registration period: 12 – 25 April 2018
Registration Fee: RMB 65 (each section)
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