Criteria for Taking a Refresher Course for Financial Advisory Practitioners
1. Those having passed the test for financial advisory practitioners are required to take a refresher course organized by the Investment Banking Club (IB Club) every two years, beginning the two years period from the 1st of January next year.
2. For the refresher course, IB Club requires those having passed the test to complete 12 hours of training in total within every two years and to attend at least 80% of the lecture time of each subject. No testing is required. Subjects in which attendees must undergo training are grouped into three categories, as follows:
2.1) Rules and regulations relevant to performing duties as a Financial Advisor
2.2) Knowledge to enhance professional efficiency
2.3) Knowledge of newly emerging transactions
IB Club will announce training schedules from time to time.
3. Training in the following courses may be included as part of the three subjects:
3.1) The regular FA 100/1- FA107 courses of the financial advisory courses administered by IB Club if IB Club views that their contents are substantially different from the previous courses attended by the attendees
3.2) Any training course relevant to performing duties as a Financial Advisor organized by the Association of Thai Securities Companies
3.3) Other training courses relevant to performing duties as a Financial Advisor and related to Capital Market organized by the Securities and Exchange Commission, the Stock Exchange of Thailand, The Thai Bond Market Association, Investment Analysts Association, Federation of Accounting Professions, Thai lested Companies Association, Association of Investment Management Companies. Prior to organizing the courses, the organizers must submit letter requesting approval from IB Club and IB Club will notify the results within 30 days after receiving complete information.
The Organizers must provide evidence to IB Club before the date on which the attendee’s certificate expires stating that he or she has attended training in an approved subject in 3.3)
4. Those who unable to attend a refresher course within the prescribed period due to certain reasons or necessities may request to extend the period required to take a refresher course for another six months by writing to explain the reasons or necessities to IB Club to seek advance approval, given that he or she must complete the refresher course for no less than 9 hours
(This criteria is effective from 2 April 2025 onwards)