Introduction

The Macau Institute of Financial Services (IFS) has been appointed by the Monetary Authority of Macao (AMCM) as the sole activity assessment authority for Continuous Professional Development (CPD) Program. The program aims to ensure that insurance intermediaries maintain their professional knowledge and skills to fulfill their duties and obligations. Insurance intermediaries should comply with the requirements of the Insurance Intermediaries Quality Assurance Scheme (IIQAS), engage in lifelong learning, and enhance their professional competence to provide advice and services to potential customers and policy-holders.

Assessment of CPD Activities

Organizing institutions / applicants must submit an assessment application (see《Assessment Regulations》for details) and pay the assessment fee to IFS. All approved CPD activities must be renewed annually. Failure to apply for annual review within three months prior to the expiry date will result in cancellation. Organizers will receive formal notification of the assessment result from IFS within one month of submitting all relevent information.

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