"Securities Practitioner Qualification Exam" officially renamed "Level Evaluation Test of Professional Staff in the Securities Industry"

In those years, the Securities Qualification Exams we have tested were renamed.

On the 24th, China Securities Association announced that in accordance with relevant regulations, the "Securities Practitioner Qualification Examination" for nearly 20 years was officially renamed "Level Evaluation Test" (hereinafter referred to as "horizontal test"). At the same time, the original scheduled horizontal tests (including unified examinations and Xinjiang, Tibet, and Qinghai special examinations) were extended until the end of August this year (plan). Specific time and test arrangements will be announced 1 month in principle.

According to the previous solicitation draft, the level test after renamed the rename is an evaluation test for non -standard professional capabilities. The focus of the level test is to focus on whether the professional ability of the employees meets the industry and corresponding position requirements. At the age of 18, the degree or above of college degree or above, and more than 3 years of work, or those who have been hired by brokers can register.

Formally renamed horizontal test

Yesterday, the China Securities Association issued the "Announcement on the Refining the Qualification Examination of the Securities Industry Practitioner Qualification Examination and Extension of the July 2022 Exam".

According to the announcement, according to the "Measures for Supervisor, Supervisor, Senior Management and Senior Management of Securities Fund Management Institutions, and Supervisor Supervision and Management Measures", "Directors, Supervisors, Senior Management Persons and Management Rules of Securities Company, and Management Rules of Senior Management", the "Securities Industry practitioners" organized by the China Securities Association Qualification Examination was renamed "Level Evaluation Test".

In accordance with the current national new crown epidemic prevention and control policy and territorial epidemic prevention requirements, the "China Securities Industry Association's 2022 Examination Plan Announcement" is planned to be held in July 2022 (including unified examinations and Xinjiang, Tibet, Qinghai special examinations) to extend to extend At the end of August 2022 (plan). China Securities Association will pay close attention to changes in national epidemic prevention policies and the prevention and control of the epidemic in various places, and actively do a good job of evaluation and related preparations before testing. Specific time and test arrangements In principle Announcement.

The China Securities Association stated that during the extension of this level test, the relevant stable employment policy continued, that is, the "general securities business" category personnel can practice first and then make up the level test, and the time limit of the practice registration is extended to the next horizontal test (unified test) ends 30 at 30 30 Within the day.

It is understood that the securities industry employee qualification examination has been implemented for more than 20 years, and the selection of employees in the securities industry has held "entry customs", and about 100 million people have entered the securities industry to engage in securities business. At the same time, a large number of public has learned and mastered securities law and basic knowledge through the examination. The qualification examination of the securities industry played a positive role in cultivating the capital market.

With the development of the capital market, the reform of the State Council's "decentralization of service" has continued to advance, the promulgation and implementation of the new "Securities Law" has entered a new period of development. The management method of securities practitioners has changed. Through the examination is no longer a necessary condition for the securities business, the examination management system based on qualification management has significantly lagged behind the situation changes, and it is urgent to adjust and improve accordingly.

These people can sign up

According to regulations, horizontal testing is divided into two types: professional ability level evaluation testing and high -level managers' level evaluation testing. Evaluation test tests for employees include general business level evaluation testing and special business level evaluation testing. The level of senior management personnel evaluation and testing is divided into general senior management personnel level evaluation and testing and the level evaluation testing of special senior management personnel.

The basic subjects corresponding to the general business level evaluation test of employees' professional ability level assessment test include: basic laws and regulations of the securities market and basic knowledge of financial markets. Professional subjects corresponding to special business level evaluation tests include: investment banking business, securities investment consulting business, and issuing securities research reporting business, etc.

Based on the general business level evaluation test and testing, the special business level evaluation test respectively examines whether it is proficient in the relevant professional knowledge levels of securities investment consultants, securities analysts, and sponsor representatives, including the corresponding professional capabilities, including the professional ability of securities investment consultants Level evaluation test, securities analyst professional ability level evaluation test, sponsorship representative professional ability level evaluation testing, etc.

In March of this year, the China Securities Association issued the "Implementation Rules for the Professional Professional Capability of Securities Practitioners (Draft for Soliciting Opinions)" to restrict the conditions for horizontal testing registration.

Those who register for the general business level evaluation and test shall meet the following conditions: the registration as deadlined is 18 years old. Obtained a college degree or above recognized by the Education Administrative Department of the State Council; either with high school or equivalent to high school culture, and have more than 3 years of work experience; or personnel who have been hired by institutions such as securities companies, investment consulting companies. Have full capacity for civil behavior.

In addition, the test score is valid for 1 year, and if it exceeds the validity period, it shall not be used as a reference for the corresponding professional ability level when registering. If it is registered as employees during the validity period, the relevant test results will continue to be effective during the practice period; if the employees leave, etc., the relevant test results will be valid for one year from the date of cancellation registration.

General business level evaluation and test results meet the basic requirements and personnel within the validity period.

Update list of disciplinary prohibition list

A few days ago, the China Securities Association issued the first test of disciplinary violations in 2022, and punished the three personnel in the qualification examination of the securities practitioners in February 2022.

Zhang Zhenxiang was dealt with by zero scores and banned tests for two years due to serious disciplinary violations.The above violations of discipline and processing results are recorded into the association's integrity information management system.However, the announcement did not mention the specific violations of the three candidates.The reporter noticed that the new horizontal testing draft also refined the liability for disciplinary violations.According to the test violations and new characteristics found in recent years, classify and refine illegal responsibilities, and strive to handle more accurate and reasonable.It is clear that the test violations have increased from 17 to 21, and according to the severity of the violations, the processing category is adjusted to slight, general, serious, and particularly serious.For particularly serious violations, the cancellation of all scores and prohibited tests for 5 years.

Source: brokerage China

Edit: Xing Zhibin

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