Thailand: Regulatory Waivers

The Regulator

The Bank of Thailand (BoT) is the central bank.

Requirements to Practice and Waivers

Fund Managers

Fund managers are required, among other criteria, to pass the CFA Level III exam.

Alternatively, passing the CFA Level I exam or CISA exam program is sufficient provided that the fund manager has worked in research, risk management, or securities analysis for not less than two years within five years prior to the application date.

Analyst & Consultants

Investment Analyst on Capital Markets applicants
  • Applicants who have passed the CFA Level I exam combined with at least a total of one year work experience in local or foreign markets (during the past three years prior to the date of application filing) are exempted from the securities portion of the investment analysis securities and derivatives training course.
  • Applicants who have passed the CFA Level II exam combined with at least a total of one year work experience in local or foreign markets (during the past three years prior to the date of application filing) are exempted from the investment analysis on securities and derivatives training course.
Investment Analyst on Securities applicants
  • Applicants who have passed the CFA Level I exam combined with at least a total of one year work experience in local or foreign markets (during the past three years prior to the date of application filing) are exempted from the investment analysis on securities training course.
Investment Consultant on Capital Markets applicants
  • Applicants who have passed the CFA Level I exam are exempted from having relevant work experience and the following training courses: (1) Fundamental Knowledge and (2) Knowledge on securities and derivatives.

Please review Investment Analyst on Capital Market (PDF) pages 1, 3, 7 & 8.