 |
 |
 |
| The final requirement for CFP certification is compliance with the code of ethics and professional responsibility. |
| A CFP certification applicant should agree that he/she does not fall under unacceptable cases of candidate fitness standards, that he/she observes the CFP code of ethics and professional responsibility and regulations regarding work performance standards, and that he/she will follow the disciplinary actions taken by FPSB Korea. This proves to consumers that the CFP certification applicant regards the client’s profit first in carrying out personal financial planning, and that he/she has made a promise to observe the best code of ethics and professional responsibility. |
| If the CFP certification applicant is involved in any criminal action, civil suit, examination, investigation, or lawsuit initiated by a company’s autonomous control institution or government body, or if he/she falls under any of the unacceptable cases of candidate fitness standards, the corresponding CFP certification can be withheld according to the results of the examination of FPSB Korea’s certification subcommittee. |
| Moreover, if the corresponding issue is an unethical activity, FPSB Korea may choose to not permanently approve CFP certification for the corresponding applicant. The review of the code of ethics and professional responsibility is performed according to the related regulations of FPSB Korea. |
 |
| If a certification applicant falls under any of the following cases due to criminal punishment or disciplinary action taken by a government body, a company’s autonomous control institution, a financial company, any professional institution, or other corporation or group, he/she cannot become an AFPK or CFP certificant. If he/she falls under any of the following cases after becoming a certificant, the certification is suspended or revoked: |
- A bankrupt person whose rights have not been reinstated
- Minor incompetent, or quasi-incompetent individual
- Person sentenced to imprisonment or fines as per the financial regulations, if 3 years have not passed since the sentence was completed or waived
- Person sentenced to imprisonment, and 1 year has not passed since release
- Person who is subject to imprisonment and who is serving his/her jail term
- Person slapped with a fine on suspicion of drunk driving or illegal possession of drugs, and 1 year has not passed since the sentence was completed or waived
- Person who has been dismissed from a position and whose qualification has been revoked, or one who has been expelled and whose registration has been revoked according to the disciplinary actions (including impeachment) taken by a government body or professional institutions such as company’s autonomous control institution; financial institution; professional service corporation concerning the law, accounting, taxes, insurance, securities investment, or real estate investment, and 3 years have not passed since the punishment was completed or waived
- Person slapped with a work suspension, qualification suspension, position suspension according to the disciplinary actions (including impeachment) of the government body, or professional institutions such as company’s autonomous control institution, financial institution, other corporation, and 1 year has not passed since the suspension was completed or waived
- Person who is the object of an investigation by judicial authorities and who has been judged by the law on suspicion of committing misuse of funds or assets
- Person who falsely assumes an FPSB Korea certification and uses the certification marks without authorization, or if 3 years have not passed after he/she has been confirmed to have compromised the client’s profit
- Person whose application is limited by misconduct related to a certification exam operated by FPSB Korea and who is in the process period of such an event
- Person involved in activities damaging the well-being and interest of the public
- Person who damages the honor or trust of FPSB Korea or other certificant, or one who is likely to do such
|
 |
|
CFP Certification : about Certification
CFP Certification : Application Method
CFP Certification : Period of Certification
CFP Certification : Certification Marks & Code of Ethics
|
 |
|
 |
Report inconveniences
