Try and practice the latest CISI : UAE-Financial-Rules-and-Regulations real questions & answers

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CISI UAE-Financial-Rules-and-Regulations Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Trading20%- Market integrity and surveillance
- Reporting and compliance requirements
- Trading rules and mechanisms
Topic 2: Market Conduct Legislation and Regulation28%- Insider dealing and market abuse
- Disclosure and transparency obligations
- Financial crime, AML and CFT regulations
Topic 3: The Regulatory Infrastructure10%- Regulatory bodies: SCA, CBUAE, DFSA, FSRA
- Roles and powers of regulators
- Legislative framework and regulatory objectives
Topic 4: Markets10%- UAE exchanges: DFM, ADX, NASDAQ Dubai
- Trading and settlement rules
- Listing and admission requirements
Topic 5: Client Protection20%- Communications, reporting and complaints handling
- Client assets and money protection
- Client identification and classification
Topic 6: Authorised Persons6%- Obligations of authorized firms and individuals
- Conduct of business rules
- Licensing and authorization requirements
Topic 7: Associated Market and Securities Legislation and Practice6%- Securities laws and regulations
- Legal obligations of market participants
- Market operation rules

CISI UAE Financial Rules and Regulations Sample Questions:

Question #1

Which of the following is one of the prescribed financial activities for which the Authority can issue a license?

  • A. Promotion
  • B. Corporate planning
  • C. Risk management
  • D. Analysis
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Correct Answer: C  🗳️

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Question #2

Brokers must pay the value of securities sold on behalf of their clients, after deducting commissions and fees, before:

  • A. The end of two days or the end of the settlement period set by the DFM
  • B. The end of one day or the end of the settlement period set by the DFM
  • C. The end of four days or the end of the settlement period set by the DFM
  • D. The end of three days or the end of the settlement period set by the DFM
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Correct Answer: A  🗳️

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Question #3

The minimum paid-up capital requirement for ranking and advice firms is:

  • A. AED 30 million
  • B. none
  • C. AED 50 million
  • D. AED 5 million
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Correct Answer: D  🗳️

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Question #4

DFM brokerage firms are required to ensure that employees have appropriate professional experience if they:

  • A. are on full-time or substantial part-time contracts
  • B. are employed to deal with clients or on their behalf
  • C. are new to the company or the industry
  • D. are employed to operate an electronic trading or clearing system
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Correct Answer: B  🗳️

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Question #5

A key reason why the regulator applies financial promotion rules is to ensure that:

  • A. the customers are treated fairly
  • B. the market is kept competitive
  • C. the available product range is maximised
  • D. the impact of operational risk is avoided
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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