Whether it is a single subject or a multi-subject, the examination results are valid for four years. Candidates need to pass at least two exams within four years, namely, subject 1, Fund Laws and Regulations, Professional Ethics and Business Norms, and subject 2, Basic Knowledge of Securities Investment Funds, or subject 1, Fund Laws and Regulations, Professional Ethics and Business Norms, and subject 3, Basic Knowledge of Private Investment Funds.
If the validity period of the results is exceeded, and two exams fail at the same time, the exam results corresponding to the previous qualified subjects will also be invalid and you need to apply for the next exam again. After passing the examination, candidates can log on to the website of China Fund Industry Association-enter the management of employees-and check the result certificate on the examination platform and print it.
Once the qualification certificate of fund practice is obtained, it will be permanently valid. Candidates who pass the examination and pass the examination need to apply to the fund industry association for the qualification of registered fund within four years through their institutions. Those who have not applied for the qualification of registered fund for more than four years need to apply again.
Candidates who fail to apply for the qualification of registered fund within four years after passing the examination do not need to participate in the annual qualification inspection organized by the association. However, those who apply for the qualification of registered funds from the relevant associations through institutions and obtain the qualification certificate of funds need to complete the 15 class hours of follow-up training every year in accordance with relevant regulations, and participate in the annual qualification inspection organized by the association through their affiliated institutions as required.
The function of fund practice certificate:
1. Senior managers, business department managers and professionals engaged in trading, settlement, delivery, finance and auditing of the futures exchange.
2. Senior managers, business department managers and professionals engaged in customer development and compliance review of futures brokerage companies.
3. Personnel engaged in futures investment analysis and consulting business in institutions engaged in futures business.
4. Managers engaged in futures business among members of the futures exchange who are not futures brokerage companies.