Legal and Other Recognition
- The Society of Actuaries (SOA) granted the credit of Validation by Educational Experience (VEE)-Economics to the candidates who passed the CFA Level I exam. SOA also granted both the credits of VEE-Corporate Finance and VEE-Applied Statistical Methods to the candidates who passed the CFA Level II exam.
- New York Stock Exchange (NYSE) granted CFA charterholders the option to take only the portion of the Supervisory Analyst examination dealing with exchange rules on research standards and related matters.
- U.S. Securities and Exchange Commission (SEC) may grant exemption of the Series 86 testing requirements to financial analysts passing the CFA Level II examination who also meet other requirements of the NASD.
- CFA charterholders are recognized by UK's Chartered Institute for Securities & Investment (CISI) as the equivalent level of CISI full membership (MCSI) or fellow membership (FCSI). Full membership of CISI is recognized by several national investment professional bodies such as Hong Kong Securities Institute (HKSI) in Hong Kong.
- Taiwan's Financial Supervisory Commission (FSC) has approved the CFA designation with two-year practical working experience and passed the test of regulations of Securities Investment Trust & Consulting Enterprise and the test for common knowledge of financial markets and professional ethics, the common subjects, as equivalent to a local recognized industry qualification of Certified Securities Investment Analyst (CSIA) in Taiwan, after reviewed and approved by Securities Investment Trust & Consulting Association (SITCA)].
- The Academic and Accreditation Advisory Committee of Hong Kong's the Securities and Futures Commission (SFC) has approved the CFA designation as a recognized industry qualification for the licensing of Responsible Officers in Hong Kong.
- CFA charterholders who meet the competence requirement, which include both education training and work experience, may apply to register with the Hong Kong Business Valuation Forum (HKBVF) as Registered Business Valuer (RBV) in Hong Kong.
- CFA charterholders are recognized by HK's Hong Kong Securities Institute (HKSI) as the equivalent level of HKSI full membership (MHKSI).
- CFA charterholders are recognized by Professional Risk Managers' International Association (PRMIA) as the equivalent of passing first two required exams.
- Exemptions are available for various modules in the South African Registered Persons Examination, depending on the candidate's level. No exemptions are available for the examination on local market regulations and compliance.
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