Paper 1 — Fundamentals of Securities and Futures Regulation. A 60-question multiple-choice paper. Here's the format — and how our 601+practice questions map to each topic. Independent reference: the official syllabus is HKSI Institute's LE syllabus for Paper 1, available on hksi.org.
The question count, duration and pass mark come from HKSI Institute, LE overview (hksi.org), checked 11 October 2026. HKSI Institute sets them and can change them, so check hksi.org for the current Paper 1 details. This page is an independent study reference, not endorsed by HKSI Institute or the SFC.
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