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Upgrading Scheme for Associate Members

16 Aug 2009


The Upgrading Scheme has been launched on 1 January 2009 for Associate Members to be upgraded to Full Members (Practising) or Full Members as appropriate.
All Associate Members have to note that the Scheme is compulsory, i.e. Associate Members who failed to get upgraded to Full Members (Practising) or Full Members within the period specified below will cease to be Members of TMA.

An Associate Member should meet with the following criteria for upgrading to Full Member (Practising) or Full Member:

(a)           At least two years’ working experience in the treasury markets or financial institutions;

(b)           At least 5 CPT credits gained per year from 1 January 2009 including the year of upgrading;

(c)           A pass in a designated Examination, i.e. the Model Code Examination to be organized by the TMA ; and

(d)           Being a TMA Associate Member for at least two years.

Each Associate Member would be given three years at most to complete the upgrading process; otherwise the membership would be terminated thereafter. One-year extension might be granted subject to the PMC’s approval.

Full-time students and those who are not working in treasury markets would not be required to join this upgrading scheme.

If there are any enquiries on the Scheme, please contact the TMA Office at 2543 7668 or by email at
TMA Office



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