Sustainability Report 2017

Sustainability Report 2017 34 Enhancing Securities Professional Standards SET is responsible for standard setting of training programs, examination material design, and tests for securities professionals, including the Certified Investment and Securities Analyst Program (CISA) and License Renewal for Securities Investment Consultant Program which are required for the registration of securities analysts and fund managers. Standardizing Securities Professional Examinations • SET oversaw the investment consultant (IC) examinations for over 80,000 applicants. SET made a total of 8 random quality assessment of 2 examination centers to ensure transparency. • SET developed CISA exams at all 3 levels. More than 2,600 persons took the examinations in 2017. • SET promoted a beter understanding of the structural change of IC license according to the SEC’s new principles. SET also developed the “All about IC Licensing” manual with easy-to-understand infographics to explain about the SET’s new certified IC examination. SET also organized a meeting to communicate with representatives of financial institutions and related professional associations on the issue to ensure their clear understanding and proper implementation. Standardizing License Renewal for Securities Investment Consultants • SET approved 132 license renewal training programs and conducted 19 random quality assessment of 17 certified training centers. • SET, in collaboration with the SEC and securities companies, has striven to utilize digital technologies in improving IC license renewal efficiency and reduce the license renewal expiration rate. SET is developing the “Professional Link” application, which will be luanched in 2019. Number of applicants for investment consultant exams 80,000+