About FPAT > FPAT Introduction

FPAT Introduction

About FPAT

FPAT Introduction

The Financial Planning Association of Taiwan (FPAT) was established in 2003 and officially became a member of the Financial Planning Standards Board (FPSB) in November, 2004. The Financial Planning Standards Board (FPSB) was formerly known as the International CFP Council established by the U.S. CFP Board of Standards in 1990. In 2004, the Council invited overseas representatives and decided to found the Financial Planning Standards Board (FPSB), an independent international non-profit organization responsible for global (excluding the U.S.) CFP® certification, standardization, and promotion.

The Financial Planning Association of Taiwan (FPAT) is a nonprofit organization with the objectives to promote concepts of lifestyle financial planning, improve local financial planners’ professional standards, and further the development of CFP® certification. The purpose is to realize the ultimate goal of putting investors’ benefits first and having CFP® accredited consultants to offer professional and proper Lifestyle Financial Planning services to the public.

FPAT Organization

FPAT Organization’s structure is outlined as below by levels of management:

  1. General Assembly
  2. Council / Chairman
    Supervisory Board / Executive Supervisor
  3. Education Committee / Director
    Exam Committee / Director
    Ethics Committee / Director
    Marketing Committee / Director
  4. Secretary-General / Deputy Secretary-General
  5. Administration Department / Marketing Department
Main businesses of each committee

Education Committee

  1. Design and review training courses
  2. Review and approve training institutes and enact related policies
  3. Review and approve credits and exemptions for training courses
  4. Review candidates’ registration and training records
  5. Prepare annual plan, budget, final accounts and annual report
  6. Other affairs related to training

Exam Committee

  1. Plan and implement certification procedures
  2. Build and maintain exam databases
  3. Review and approve exam related businesses
  4. Review and approve exam qualification and registration
  5. Process certification, extension, license renewal and related records
  6. Process license suspension, restoration, revocation and related records
  7. Prepare annual plan, budget, final accounts and annual report
  8. Other affairs related to exam and certification

Ethics Committee

  1. Enact and enforce self-discipline policies on FPAT CFP® members
  2. Enact and enforce code of ethics on FPAT CFP® members
  3. Enact and enforce policies governing self-discipline, rewards and punishments for FPAT CFP® members
  4. Mediate complaints and conflicts among FPAT CFP® members
  5. Other affairs related to code of ethics for FPAT CFP® members

Marketing Committee

  1. Enhance financial planners’ self-discipline and self-management
  2. Facilitate global exchange of experiences among financial planners
  3. Participate and promote affairs and activities related to global CFP® certification
  4. Provide promotional plans for CFP® certification
  5. Advise on policies related to the code of ethics for CFP® members
  6. Advise on improving the accreditation mechanism of CFP® certification