FREE PRACTICE TESTS

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HKSI Paper 1

Core licensing paper covering the Hong Kong securities and futures framework, fit and proper obligations, and frontline conduct expectations.

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HKSI Paper 2

Regulatory paper covering securities dealing rules, client-facing controls, and the compliance expectations around Type 1 activity.

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HKSI Paper 3

Regulatory paper covering Hong Kong derivatives regulation, licensing, client assets, conduct, exchange-traded futures and options, and OTC derivatives reporting, clearing and margin obligations.

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HKSI Paper 4

Regulatory paper for credit rating service activity, conflicts management, methodology governance, and disclosure expectations.

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HKSI Paper 5

Regulatory paper covering the corporate finance framework, conduct expectations for Type 6 activity, and governance standards around advisory mandates.

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HKSI Paper 6

Regulatory paper focused on the asset-management framework, fund and discretionary management obligations, and the conduct standards for Type 9 activity.

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HKSI Paper 7

Practical paper covering Hong Kong and international market structure, market participants, and the way core instruments operate in practice.

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HKSI Paper 8

Practical paper covering securities products, equities market practice, settlement flow, and the client-facing mechanics of securities business.

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HKSI Paper 9

Practical paper covering derivatives instruments, trading mechanics, margin concepts, and the way derivative exposures are handled in client business.

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HKSI Paper 10

Practical paper covering credit analysis workflow, rating assignments, surveillance, and client-facing issues in credit rating service work.

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HKSI Paper 11

Practical paper covering transaction structures, listing work, deal execution, and corporate finance market practice.

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HKSI Paper 12

Practical paper covering portfolio construction, fund operations, mandate management, and asset-management market practice.

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HKSI Paper 15

Sponsor paper for principals covering eligibility, due diligence leadership, sponsor standards, and transaction governance.

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HKSI Paper 16

Sponsor paper for representatives covering execution discipline, record standards, due diligence support, and sponsor work controls.

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HKSI Paper 17

Enhanced competence paper covering the Codes on Takeovers and Mergers and Share Buy-backs, offer process rules, and adviser responsibilities.

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HKSI Paper 18

Regulatory paper covering the licensing and operational-control framework for depositary service providers.

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HKSI Paper 19

Practical paper covering the day-to-day operation of depositary services for collective investment schemes and the related oversight workflow.

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LFX Rep Paper 1

Representative-level leveraged foreign exchange paper focused on the legal and regulatory framework for leveraged FX trading.

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LFX Rep Paper 2

Representative-level leveraged foreign exchange paper focused on FX market mechanics, trade practice, and basic analysis.

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LFX RO Paper 1

Responsible-officer paper covering the regulatory framework, governance expectations, and oversight responsibilities for leveraged FX activity.

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LFX RO Paper 2

Responsible-officer paper covering market practice, risk management, and governance around leveraged foreign exchange business.

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CPWP M1 P1

CPWP Module 1 paper focused on technical, industry, and product knowledge used in private wealth management work.

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CPWP M1 P2

CPWP Module 1 paper focused on deeper product understanding, portfolio thinking, and client-solution design for wealth management.

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CPWP Module 2

CPWP Module 2 paper focused on ethics, compliance, conduct, and governance in private wealth management.

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CIIA Final

Advanced investment-analysis examination covering valuation, portfolio management, market analysis, and professional judgment.

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HK Gold Exchange

Specialist examination covering Hong Kong gold market structure, precious metals dealing practice, and the operational framework of the exchange.

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CVAP

Specialist examination covering virtual asset regulation, market structure, custody, and core product knowledge for practitioners serving VA-related business.

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IIQE Paper I

Core IIQE paper for insurance principles, policy structure, legal concepts, ethics, and the Hong Kong insurance framework.

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IIQE Paper II

General insurance paper covering property, liability, motor, underwriting, claims, and commercial policy handling.

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IIQE Paper III

Life and long term insurance paper covering protection needs, policy types, riders, servicing, and intermediary conduct.

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IIQE Paper V

ILAS-focused paper covering linked structures, charges, switching, disclosures, suitability, and post-sale servicing.

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