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CISI UAE-Financial-Rules-and-Regulations Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| The Regulatory Infrastructure | 17% | - Securities & Commodities Authority (SCA) - Accounting system controls (Decision No. 13/Chairman issued 2021) - SCA Resolutions - Federal Law No. 4 of 2000 - Codes of Conduct - Corporate Governance (Law No. 3 issued Jan 2020) - License categories and requirements (Decision No. 13/Chairman issued 2021) |
| Investment Funds | 11% | - The local fund - Provisions specific to certain public funds |
| Licensed Bodies | 14% | - General provisions - Requirements of capital market institutions - Licensing financial activities |
| Markets | 11% | - Disclosure and Transparency - General background |
| Client Protection | 10% | |
| Dubai Financial Market (DFM) | 11% | |
| Anti-Money Laundering and Combating the Financing of Terrorism and Illegal Organisations | 14% | - Federal Law No. 20 of 2018 |
| Trading | 11% |
CISI UAE Financial Rules and Regulations Sample Questions:
An in-kind shares evaluation report must be based on data covering what maximum period before the evaluation date?
- A. Three months
- B. Four months
- C. One month
- D. Two months
Correct Answer: A 🗳️
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A Special Purpose Acquisition Company which wants to make its shares available to the public intends to appoint a risk consultant, a listing consultant and a financial consultant. Which of these appointments is required under the regulations?
- A. Listing consultant and financial consultant only
- B. Risk consultant and listing consultant only
- C. Financial consultant and risk consultant only
- D. Risk consultant, listing consultant and financial consultant
Correct Answer: A 🗳️
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A licensed person who conducts financial activities related to security tokens is required to carry out a suitability check only if:
- A. the client is not a qualified investor
- B. the token falls into the high risk category
- C. the amount being invested exceeds AED 100,000
- D. the licensed person has less than 3 years' relevant experience
Correct Answer: A 🗳️
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In order to be authorised to provide custody, clearing and recording services, which of the following professional roles would the Authority expect to see within a firm acting as registrar of a private joint-stock company?
- A. Investment Manager
- B. Broker Representative
- C. Operations Manager
- D. Category Manager
Correct Answer: D 🗳️
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Where an applicant for a financial activities licence uses a cloud-based server, they must set out provisions to ensure the outsourced party can operate with zero data loss for what stated period?
- A. Three years
- B. Ten years
- C. Seven years
- D. Five years
Correct Answer: D 🗳️
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