Review of the Enhanced Competency Framework for Banking Practitioners

The document proposes five enhancements to the Enhanced Competency Framework (ECF) for banking practitioners in Hong Kong, including consolidating Core and Professional Level competency standards, re-configuring the Core Level to encompass a common set of standards, aligning work experience requirements, allowing retention of certifications despite job role changes, and consolidating qualifications within individual workstreams. Under the proposed structure, the Core Level requires one year of banking experience, while the Professional Level requires three years of banking experience, with at least two years specific to the relevant workstream. The enhancements aim to reduce duplication, streamline qualification pathways, and support career mobility across different banking functions.

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Review of the
Enhanced Competency
Framework for Banking
Practitioners
September 2026

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Contents

Executive summary
Review purpose, scope and methodology
2.1 Purpose and scope
2.2 Methodology
Analysis and proposed enhancements
3.1 Current arrangements
3.2 Challenges and proposed enhancements
Implementation roadmap

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Figure 1:
The ASCEND action plan
Figure 2:
An overview of the enhancements to the ECF
Figure 3:
The revamped ECF at a glance
Figure 4:
Multiple qualifications under certain ECF workstreams
Figure 5:
A three-phase roadmap
Box 1:
Current vs revamped ECF — An illustration
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Figures
Box Page

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Source: Hong Kong Monetary Authority — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works