Section 3 - Continuing Professional Development (CPD) For 2020 SPS renewals, CFA UK offered an option for applicants to end their CPD year a month later than usual, to 30 November 2019. If you decided to opt in for the extension, please note you cannot count CPD completed in November 2019 and utilised in your prior certification for the new SPS year. If you are unsure if you chose the extension, please email SPS@cfauk.org
Please ensure you have read CFA UK’s CPD policy before applying for your SPS. While we do not ask you to submit your CPD log, it is essential that you maintain one in line with our policy, and to be issued with an SPS you must attest to having completed your CPD in line with these standards.
Please be aware that CFA UK audits 10% of SPS applicants annually to verify that CPD records are accurate, and that the continuing professional development undertaken by the member is appropriate. Therefore, you must be ready to submit your completed CPD log on request. CFA UK may withdraw an SPS where requirements have not been met.
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** Due to the COVID-19 pandemic, the FCA has recognised that exceptional circumstances might impact individuals completing the required minimum number of CPD hours; accordingly, the FCA has set in place guidance to enable individuals to carry over CPD hours not completed to the next CPD year. Any individual wishing to carry over CPD hours not completed to their next CPD year must have agreed this with their Compliance Officer.
