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CISI UAE-Financial-Rules-and-Regulations Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Regulatory Ethics and Professional Standards | - Ethical standards in financial services
|
| Financial Conduct and Compliance | - Conduct of business standards
|
| Anti-Money Laundering and Financial Crime | - Financial crime prevention
|
| UAE Financial Regulatory Framework | - Federal financial regulation structure
|
CISI UAE Financial Rules and Regulations Sample Questions:
1. When applying for an Authority licence to operate a crypto fundraising platform, the need to demonstrate the independence of its fundraising functions is required only if the operator:
A) Owns crypto assets as a separate entity
B) Is a subsidiary of another financial institution
C) Intends conducting other financial services activities
D) Plans to issue security tokens
2. Why would a transaction in securities listed on the market be declared null and void?
A) Trading transactions in securities and commodities were not monitored on a daily basis
B) A member of the Board was convicted of an offence of dishonour
C) There was a failure to present reports and data to the Authority and issue the necessary press releases
D) It was not recorded according to the provisions and the regulations and resolutions issued
3. What is the maximum term of imprisonment that can be imposed on a person who attempts to commit the crime of money laundering?
A) Five years
B) Three years
C) Ten years
D) Seven years
4. Where a brokerage firm on the DFM has a client with a debit balance, the regulations prevent the firm from:
A) paying any cash to the client
B) selling securities on the client's behalf
C) providing investment advice to the client
D) accepting new orders from the client
5. The policies of a firm applying for a financial activities licence must include arrangements to provide a copy of its complaints handling procedure to clients:
A) within 24 hours of accepting the client
B) on receipt of a complaint
C) within 48 hours of accepting the client
D) on request
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: D | Question # 3 Answer: A | Question # 4 Answer: D | Question # 5 Answer: D |
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