Auditing for CPD Compliance 2024

Auditing for CPD Compliance 2024

TMA will conduct its CPD audit for 2024 by examining a sample of individual members’ CPD record next year.  If members do not update CPD records in the Individual Member’s Corner by 31 December 2024, they are likely to be audited, and may be asked to supply your CPD records within one month of receiving an audit request.  Failure to comply with the CPD requirements may result in the invalidation of the ECF-TM certification or suspension of individual membership.

Minimum hours of CPD activities

Membership Category	Total CPD  requirements per year	through E-learning activities (maximum hours) per year	through Self-study activities (maximum hours) per year
TMA Associate Member (ATMP)	10	2	2
TMA Associate Member (CTMP)	20	5	5
TMA Fellow/Full Member (CSTMP)	20	5	5

 

Definition of Continuing Professional Development (CPD) Activities

Face-to-face activities

In addition to participating in CPD activities at physical venue, attending online trainings conducted live and interacting with speakers/instructors during these activities are recognized as face-to-face learning activities. 

E-learning activities

Attending online training courses without interaction with speakers/instructors or viewing video playback of the courses are regarded as e-learning activities.

Self-study activities

Reading of financial press or journal, technical, professional or business literature or textbook are regarded as self-study activities.

Compliance and Documentation of CPD activities

Members are required to retain sufficient documentation supporting their CPD activities and be able to provide for verification on request. Verifiable CPD documentation may include attendance record, completion certificate, registration confirmation by provider, payment receipt, course exam/assessment result, CPD records with your employer, or other means.  

For details of CPD, please refer to https://www.tma.org.hk/membership/individual/continuing-professional-development-details.

Exemption

Members who are not able to meet the CPD requirements due to retirement, unemployment, illness, disability, maternity leave or other “exceptional circumstance” deemed reasonable for his/her non-compliance of the CPD requirement may submit a written request for TMA’s consideration of CPD exemption. Those requests will be considered and evaluated on a case-by-case basis.

CPD Records

To update your online CPD records 2024, please login to Individual Member’s Corner and complete by 31 December 2024.

Members admitted in 2024

The CPD requirement is waived for the first calendar year of joining, i.e. 2024. Members are required to fulfil the CPD requirements starting next calendar year from 1 January to 31 December 2025.

For queries or need assistance, the TMA Membership team can be contacted at (852) 2543 7668 or [email protected].