I would like to make sure that I’ve read the policy correctly. I am a permanent resident of U.S. with valid driver’s license. Do I still need to have a passport to take CFA level 2 in June 2011? Thanks in advance!
yes, you need a passport
the way i understood it was if you signed up for level 2 before Jan 1, you could use your drivers license. But if you register after, then you have to use a passport.
If someone is taking level 1 in December 2010, can she register for level 2 before the passing result?
Is it just me or is this passport requirement the most pointless thing ever?
To clarify the timing of signing up vs. taking the test, per an inquiry back in July to CFAI: “Dear Sir/Madam, Thank you for contacting us regarding the ID policy. To clarify for you, if you sign up for your June 2011 exam before 1 January 2011, then you will still be under the current id policy. If you sign up for the June 2011 exam after 1 January 2011 you will fall under the new ID policy and will need to have an international passport. I hope that this information helps. Please contact us again if you have any further questions or requests.”
One of the Level 1 proctors said that even they will need a Passport to be a proctor in 2011. That is crazy…
The reason they need these passport requirements I will wager is because there is a lot of cheating being done in places like South Asia where drivers licenses frequently have no photographs and are not suitable. Pretty soon I bet they will also have retnal/palm scans like the GMAT.
^^ I think that’ll be less likely in the near future; those machines are rather difficult to operate and administer on a world-wide basis from what I hear, and even though it’s important to be rigorous in checking up on people’s identitities it has its obvious drawbacks: One organization here stopped giving GMAT tests because of the constant hassle - and at the time that was like the only organization offering those tests in this country. If this were to be a requirement people would probably have to fly over to London (or Frankfurt).