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Certification Programme for Virtual Asset Professionals

CVAP · Virtual Assets

The CVAP is HKSI Institute’s certification for professionals working with virtual assets (VA) in Hong Kong. It runs as a two-step programme to be completed within one year: a core curriculum of three fundamental modules with a post-training examination, then any two of six elective modules each with its own assessment. It is designed for practitioners in VA dealing, advising, distribution, wealth and asset management, and finance students building VA expertise.

Live bankPass mark: 80% per moduleBilingual

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Overview

The core post-training examination is 40 multiple-choice questions in 60 minutes, computer-based, with an 80% pass mark. Each elective module ends with its own MCQ assessment, also requiring 80%. Offered in English, Traditional Chinese and Simplified Chinese; examinations run monthly.

Who it’s for

Practitioners involved in virtual asset dealing, advising, product distribution, wealth management and asset management — plus finance students. There is no prerequisite to enrol.

Key facts

What to know before you enrol

Regulator / body

HKSI Institute, in consultation with the SFC

Structure

3 core modules + post-training exam, then any 2 of 6 electives

Pass mark

80% for every examination / assessment

Core exam format

40 MCQs, 60 minutes, computer-based

Languages

English, Traditional Chinese & Simplified Chinese

Completion window

Finish the whole programme within one year

Prerequisites

None — open to anyone interested

CPT

Modules are eligible for SFC CPT hours

Papers & syllabus

The papers and what they cover

CVAP Examination — Core & Elective Modules

📝 40 MC⏱️ 60 minLive bank

One bank covering all nine CVAP modules — the three fundamental modules behind the core post-training examination plus the six electives. Filter by module to drill the parts you need.

Module 1 — Introduction to Virtual AssetsModule 2 — Overview of VA-related Products in Traditional Financial MarketModule 3 — Overview of the Virtual Asset Regulatory Landscape in Hong KongModule 4 — Regulatory Requirements for Selling Virtual Asset ProductsModule 5 — Introduction to TokenisationModule 6 — Introduction to Virtual Asset Portfolio ManagementModule 7 — Virtual Asset Custody for Asset ManagementModule 8 — Regulatory Compliance for VATPModule 9 — The Role of Regulated Stablecoins in Driving Real-World Payments

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Preparation tips

How to prepare efficiently

Plan the two-step path early: clear the three core modules and the post-training exam first, then pick your two electives — everything must be done within one year.

Budget around 18 hours of study for the core examination on top of the 3-hour eCourse; adjust to your VA background.

Aim well above the 80% pass mark — it is higher than the 70% on most HKSI licensing papers, so there is less room for error.

Choose electives that match your role (e.g. portfolio management and custody for asset managers; VATP compliance for platform staff).

The exam is computer-based and offered monthly — book within 90 days of finishing the eCourse, and reschedule at least six days ahead if needed.

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