International Financial Planner (CFP)
On November 22, the International Financial Planning Standards Board (FPSB), commonly known as the international CFP organization, held a On its official website (www.fpsb.org), it issued a statement regarding its authorization in China and the use of the CFP trademark in China. The statement has been authorized by its lawyers in China.
Financial Planning Standards Board (FPSB) is the holder of the ownership and use rights of the CFPTM, CFPCM,
Certified Financial Planner and CFP trademarks in countries and regions outside the United States. and is responsible for supervising and managing the internationally recognized CFPTM certification. In order to ensure the consistency of global CFPTM certification levels and effectively manage local certification work, the International Financial Planning Standards Committee selects a non-profit organization in each member country or region to sign an exclusive cooperation agreement.
China Financial Education Development Foundation (CFDFE) is a non-profit organization headquartered in Beijing. As the executor of the institution's financial planning education, the Financial Planning Standards Council of China (FPSCC) is the only partner of the International Financial Planning Standards Board (FPSB) in China and the only one authorized to carry out financial planning education in China. CFP certification work, organization that manages the use of CFP, Certified Financial Planner and trademarks in China. FPSB has never authorized any other organization except the Financial Planning Standards Committee of China (FPSCC) to carry out CFP certification or issue CFP certificates in China.
The statement pointed out that the International Financial Standards Board (FPSB) has absolutely no contact or business dealings with the so-called "Chinese Institute of Certified Financial Planners" (CICFP) and its principals, and has never Authorizes the institution to open internationally accredited CFP programs in mainland China and Hong Kong.
The statement emphasized: According to Article 35 of the Regulations of the People’s Republic of China on the Registration and Management of Social Groups, “Carry out preparatory activities for social groups without authorization, or use the name of a social group without registration If a social group that has been deregistered continues to carry out activities in the name of a social group, it will be banned by the registration management agency and the illegal property will be confiscated; if it constitutes a crime, criminal responsibility will be investigated in accordance with the law; if it does not constitute a crime, public security management penalties will be imposed in accordance with the law. "Currently, there is no evidence to prove that the "China Association of Certified Financial Planners" is a legitimate organization. The International Financial Planning Standards Board (FPSB) and the Financial Planning Standards Committee of China (FPSCC) will take any necessary measures to protect the interests of FPSB and FPSCC in China and protect the public served by CFP or those who wish to accept CFP Serve the interests of the public.
The statement reminds all walks of life: If you want to learn about CFP qualification certification, you can visit www.fpscc.cn, which is the only institution in China authorized by the International Financial Standards Board (FPSB) to issue CFP qualification certificates - China Finance The official website of the Financial Services Standards Council (FPSCC). You can also visit the official website of the International Financial Standards Board (FPSB) at www.fpsb.org to learn about FPSB’s CFP certification member organizations in various countries and regions around the world. It is also emphasized that when visiting relevant web pages, you must clearly recognize the logo of FPSCC and the logo of FPSB.
Financial Planning Standards Council of China (FPSCC,
www.fpscc.cn), as the only management agency of the People’s Republic of China and the National CFPTM qualification certification , is exclusively authorized to organize CFP qualification examinations, manage CFP qualification certification, and strengthen the execution and promotion of the CFP brand in China.
Responsible for awarding CFP certificates in China, localizing CFP certification standards in the Chinese market, approving and managing CFP education and training institutions, supervising the examination management of CFP certification, ensuring the legitimate and legal use of Chinese CFP trademarks in China, and establishing the professionalism of CFP practitioners in China standards of quality, professional ethics and professional ability and is responsible for the implementation and promotion.
FPSB Chairman S. Timothy Kochis said: "China has occupied a pivotal position in the global economy. FPSB has worked hard to find suitable partners in China to jointly establish a system based on the public interest. , the financial planning profession centered on the principles and standards of CFP. The Financial Planning Standards Committee of China (FPSCC) has proven to us and the society that it is the partner we are looking for. We very much welcome FPSCC to join FPSB as the 20th member. ."
Liu Hongru, director of FPSCC, said: "The Financial Planning Standards Committee of China (FPSCC) accepts the sole and exclusive authorization of FPSB to manage the world-renowned CFP qualification certification work in China through the introduction of international standards. With the recognized CFP qualification certification standards, FPSCC will improve the professional quality and technical level of practitioners in China's financial services industry, and enhance the public's confidence in the professional opinions provided by practitioners in China's financial services industry. ”
FPSB. CEO Noel Maye said: "The agreement we signed with the Financial Planning Standards Committee of China (FPSCC) is exclusive and unique. No other organization has the right to use the CFP trademark or conduct CFP qualification certification in China."
< p>FPSB and FPSCC hired experts in the financial management industry from the United States, Canada, Taiwan, and Hong Kong to establish an International Advisory Committee(IAP) to help and guide FPSCC in introducing the CFP certification system in China.
Applicants must have the relevant work experience required by FPSB and FPSCC, participate in designated training and examinations, and meet the prescribed professional ethics standards before they have the right to use the CFP trademark in China. All certified CFP practitioners must complete professional continuing education courses to maintain high professional quality and strictly abide by professional ethics and practice standards. In order to support practitioners in obtaining CFP qualification certification, FPSCC has established a training, examination and certification system for Certified Financial Planner (AFP), and issues AFP certificates to practitioners who meet CFP certification standards to a certain extent. At the appropriate time when conditions mature, FPSCC will review and approve other education and training institutions to provide CFP qualification certification training.
FPSB is managed by a nine-member Board of Directors, which is responsible to the FPSB International General Assembly. The FPSB International General Assembly is the advisory body of FPSB and consists of 17 member organizations and 3 associate member organizations that manage CFP certification in different countries and regions on behalf of FPSB. Countries and regions where FPSB non-profit members are currently authorized or will soon be authorized to provide CFP certification include: Australia, Austria, Belgium, Bermuda, Brazil, Canada, China, Taiwan, France, Germany, Hong Kong Special Administrative Region of China, India, Japan, Malaysia , New Zealand, South Korea, Singapore, South Africa, Switzerland and the United Kingdom.
FPSB manages, develops and operates CFP certification and training and other related projects, establishes, maintains and promotes international professional standards for financial management through member organizations in the above-mentioned countries and regions, benefiting the international community generally. Protect the interests of the public. The International Certified Financial Planner CFP trademark reflects FPSB’s years of striving for excellence and represents the highest professional standards in the financial planning industry.
For more information, please visit www.fpsb.org.
The Financial Planning Standards Committee of China (FPSCC) is the only organization authorized by FPSB to provide CFP qualification certification in China. Responsible for establishing, maintaining and promoting the CFP qualification certification system to make it the professional standard for China's financial management industry. The mission of FPSCC is to improve the professional quality and integrity level of China's financial management practitioners, so that Chinese consumers can recognize financial management and benefit from it to the greatest extent.
China’s CFP certification is divided into two levels: Financial Planner (AFP) and International Financial Planner (CFP).
At present, more than 2,000 financial management business elites from various financial institutions have participated in the training. The China Financial Planning Standards Committee has organized two nationwide Financial Planner (AFP) exams and is expected to issue the first batch of International Financial Planner (CFP) licenses in China in mid-2006.