The qualification examination for fund sales personnel was held in China Asset Management Association. The examination consists of three subjects: fund laws and regulations, professional ethics and business norms, basic knowledge of securities investment funds and basic knowledge of private equity investment funds, with a percentage system and a passing line of 60.
Candidates are eligible to be registered as fund practitioners if they pass the examination of subject 1 and subject 2, or pass the examination of subject 1 and subject 3. After passing the examination, candidates can apply to China Asset Management Association for fund qualification registration within four years through their institutions. Those who have not applied for the exam for more than four years need to fill in the follow-up training hours specified in the last two years or re-take the qualification examination before registration.