How long is HKSI Paper 18?
40 multiple-choice questions in 60 minutes. The pass mark is 70%, equivalent to 28 correct answers.
HKSI LICENSING EXAMINATION
HKSI Paper 18Regulation of Providing Depositary Services
Paper 18 studies depositary regulation; Paper 19 covers practice. Separate licensing, conduct, controls and oversight from the portfolio manager’s investment work.
- Questions
- 40 MCQ
- Duration
- 60 minutes
- Pass mark
- 70% · 28/40
HKSI PAPER 18 · REVISION DESK
Paper 18: The regulatory boundary of depositary services
Paper 18 studies depositary regulation; Paper 19 covers practice. Separate licensing, conduct, controls and oversight from the portfolio manager’s investment work.
Try this revision exercise
When a fund uses a third party, identify the service and participants, then check appointment and oversight requirements rather than assuming a contract removes responsibility.
An original learning exercise, not an official exam question or a frequency claim.How to organise revision
Start with the Type 13 framework; map institutional responsibilities; compare custody, reconciliation and fund-operation scenarios in Paper 19.
Official eStudy Guide：v1.0 Verify the edition ↗
HKSIPapers provides a guide and official-source links for Paper 18. A dedicated question bank or app for this paper is not currently available.
What to study for Paper 18
- General regulation: licensing, conduct, operations and internal controls.
- Type 13 conduct: depositary duties and service arrangements.
- Product regulation: collective investment schemes and related oversight.
- Misconduct: market abuse, consequences and trading conduct.
This is a reading map; use the official learning outcomes to check the full scope.
Open the official syllabus and learning outcomes ↗Paper 18 enrolment, dates and fee
The Hong Kong examination fee is HK$2,000. Frequency: Monthly; subject to available official sessions. The computer-based exam is available in English and Traditional Chinese. Select an available session in the official portal and check its application deadline before paying.
Official exam overview and enrolment ↗Paper 18 past papers and sample questions
Enrolled Paper 18 and 19 candidates can access official sample questions through the HKSI portal or app. Check the access period in the official study-support information.
Check official sample availability ↗Passing rate and your revision decision
The official monthly average is 62.12% across 2024-10–2026-07. This averages published monthly percentages; it is not a candidate-weighted total or your individual chance of passing. Read the monthly table alongside your own errors.
Paper 18 monthly pass-rate table →Frequently asked questions
Which Paper 18 study guide should I use?
The official eStudy Guide is v1.0. Check the official version table before your exam; Papers 15 and 16 share a guide.
Does HKSIPapers have a Paper 18 question bank?
This paper currently has a guide and official-source links on HKSIPapers, but no dedicated app or question bank. The revision exercise is independently written.
