Continuing Professional Development Scheme (Mandatory)
The Continuing Professional Development ("CPD") Scheme was launched in May 2005 on a voluntary basis, with the aim of encouraging licensees to continuously improve themselves and uphold the spirit of lifelong learning. The EAA is going to launch a new scheme in the first quarter of 2025 - the Phase I of Mandatory CPD Scheme ("Phase I Mandatory Scheme").
Objective
To enhance the trade’s professional standard, image and reputation, the EAA will progressively impose a continuous learning requirement, beginning with new licensees.
Implementation Date and Target Licensees
- The Phase I Mandatory Scheme is scheduled for implementation on 1 January 2025 ("Implementation Date").
- The targets are individuals who use the passing result of a qualifying examination held after the Implementation Date to obtain a salesperson’s licence or an estate agent’s (individual) licence. Those individuals must fulfil the Mandatory CPD condition before they are eligible to apply for licence renewal prior to the expiration of their licences.
- Individuals who use the passing result of a qualifying examination held before the Implementation Date to obtain a licence (whether obtained before or after the Implementation Date) and current licensees will not be included in the Phase I Mandatory Scheme.
Related Requirements
- Individuals who use the passing result of a qualifying examination held after the Implementation Date to obtain a salesperson’s licence or an estate agent’s (individual) licence will have a relevant Mandatory CPD condition attached to their licences.
- Target licensees are required to obtain the specified number of CPD points designated by the EAA within the validity period of their licences. Generally, a licensee will be awarded one point for every hour of CPD activities participated in. At the onset of the Phase I Mandatory Scheme, licensees with a one-year licence are required to obtain four CPD points during that one year. Licensees with a two-year licence are required to obtain eight CPD points during that two years.
- If the licence is valid for less than 1 year, the CPD point requirement will be adjusted on a pro-rata basis.
- Failure to obtain the requisite number of CPD points could affect a licensee’s eligibility to apply for licence renewal.
Further Information
- Guidelines on the Phase I of Mandatory CPD Scheme setting out the details will be issued in due course, of which the issue date to be advised.