More than 1,500 private banking veterans race to obtain PWMA exemption in Hong Kong

29 June 2015 | 2 minutes read

One year after the Private Wealth Management Association (PWMA) launched its Enhanced Competency Framework (ECF) for industry practitioners, more than 1,500 seasoned individuals have applied for an exemption through a grandfathering route in the past eight months. Individuals with at least 10 years’ relevant client-facing experience on or before December 31, 2014 are qualified for the grandfathering applications. Thus far,…

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