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

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

CISI UAE Financial Rules and Regulations Sample Questions:

Question #1

Which of the following is a sanction available to the Authority in the event of a violation of its provisions?

  • A. Impose a financial fine of not less than AED 100,000
  • B. Impose a financial fine of not more than AED 100,000
  • C. Suspend any financial activity practised during an investigation
  • D. Suspend the licensed body for a period of two years
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Correct Answer: A  🗳️

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Question #2

An application submitted to the ADX by the brokerage company to enable it to supply E-Trading services will result in a decision to approve or reject the application within:

  • A. 10 days
  • B. 30 days
  • C. 5 days
  • D. 2 days
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Correct Answer: C  🗳️

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Question #3

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
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Correct Answer: A  🗳️

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Question #4

The minimum price movement for a West Texas Intermediate (WTI) Light Sweet Oil Futures contract is:

  • A. USS 1 per barrel
  • B. LISS 0.01 per barrel
  • C. USS 25 per barrel
  • D. USS 100 per barrel
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Correct Answer: B  🗳️

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Question #5

Which of the following customer due diligence measures should be taken if a client is a foreign politically exposed person?

  • A. Conduct a prescribed risk / benefit analysis
  • B. Attempt to establish the source of the funds
  • C. Seek Authority approval to proceed
  • D. Examine the latest Interpol watch list
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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