日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Finance

CFA program helps nation's financial industry achieve sustainable growth

By ZHOU LANXU | China Daily | Updated: 2018-12-07 07:31
Share
Share - WeChat
File photo. [Photo/IC]

An increasing number of qualified financial professionals in China, supported by the CFA Program, are helping the industry to achieve sustainable development, said Bjorn Forfang, deputy CEO of the CFA Institute, the global association of investment management professionals.

"Getting CFA designation is not just good for your career, but helps build a more sustainable financial business in China," Forfang told China Daily.

The CFA Institute is known for its CFA Program, which grants the CFA charter, a designation globally recognized as the gold standard in investment management. To become CFA charterholders, candidates must satisfy a series of requirements, including passing three levels of exams and obtaining four years of relevant work experience.

China is the fastest-growing market for the CFA Program, with the number of Chinese candidates rising 20-30 percent annually. In June 2018, more than 50,000 candidates in the mainland and Hong Kong took one of the three exams, accounting for around 30 percent of global candidates.

The increasing presence of the CFA Program in China, Forfang said, can provide financial professionals not only with high technical skills, but also a strong commitment to ethical behaviors and professional standards, "the key to long-term sustainable business".

For instance, by placing clients' interests above all others, CFA charterholders could pave the way for the sustainable development of China's fast-growing but controversial fintech sector, he said.

The flourishing fintech sector has spawned innovations that provide a wider range of Chinese customers with financial services. Some of the sector's bright prospects, however, are clouded by the complexities of financial products and violations of customers' interests.

A big problem in the global finance industry, Forfang said, is some financial professionals consider the interests of their companies-instead of clients-their most important objective, and hence cause inappropriate complexities, mis-selling and hidden fees.

"We believe the more CFA charterholders you have, the fewer of these issues (of denting clients' interests) you have," he said, citing that ethics is the core of the CFA curriculum, and CFA charterholders sign off annually that they follow the Standards of Professional Conduct, which requires they put clients' interests first.

As a gold standard recognized worldwide, the CFA Program could facilitate China's financial opening-up, Forfang added. "As China is opening up and becoming more of an international financial marketplace, I think the need for professionals who are connected to the larger world is huge."

Speaking of Chinese candidates' features, Forfang highlighted a better gender balance: about half of them are female, significantly higher than the global average of 30 percent.

The divergence is sure to help China's finance industry to achieve higher diversity to optimize investments and more trust between advisers and clients, the majority of whom are female, he said.

"Obtaining the CFA designation enabled my key career transition of becoming a trader," Zhai Chenxi, CFA, vice-president of Hubei-based TF Securities, said at a forum.

Chinese candidates can grasp the universal knowledge system of finance through the CFA Program, Zhai said, but further work is needed to combine the knowledge with the latest developments in China's financial markets.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 91日日| 欧美一区二区三区在线视频 | 国产亚洲成在线播放va | 精品一区二区三区自拍图片区 | 精品成人一区 | 日本高清视频不卡 | 中文字幕精品一区 | 色综合天天综合网国产成人 | 成人做爰高潮片免费视频韩国 | 欧美一级欧美一级高清 | 国产成人久久婷婷精品流白浆 | 人人干人人舔 | 韩国福利影院 | 波多野结衣一区二区三区四区 | 国产精品久久久久久久久久日本 | www.alijizz.info| 香蕉久久一区二区不卡无毒影院 | 99久久99久久精品免费看蜜桃 | 亚州人成网在线播放 | 香蕉福利久久福利久久香蕉 | 亚洲色图综合 | 国产精品久久av | 日韩在线精品视频 | 黄视频网站大全 | 午夜插插 | 欧美a级在线观看 | 91传媒蜜桃香蕉在线观看 | 在线国产视频 | 91探花视频在线观看 | 欧美aaa级片| a级粗大硬长爽猛视频免费 潘金莲强完整版 | 精品久久久久久亚洲 | 欧美精品免费线视频观看视频 | 日本不卡一区在线观看 | 色哟哟久久 | 精品欧美一区二区三区在线 | 免费国产午夜在线观看 | 国产专区在线播放 | 国产精品久久久久久久久久红粉 | 色呦呦tv| 午夜免费视频 |