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CISI UAE-Financial-Rules-and-Regulations Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Trading | 11% | |
| The Regulatory Infrastructure | 17% | - Accounting system controls (Decision No. 13/Chairman issued 2021) - Federal Law No. 4 of 2000 - License categories and requirements (Decision No. 13/Chairman issued 2021) - Codes of Conduct - Corporate Governance (Law No. 3 issued Jan 2020) - Securities & Commodities Authority (SCA) - SCA Resolutions |
| Markets | 11% | - General background - Disclosure and Transparency |
| Investment Funds | 11% | - Provisions specific to certain public funds - The local fund |
| Licensed Bodies | 14% | - Licensing financial activities - General provisions - Requirements of capital market institutions |
| Anti-Money Laundering and Combating the Financing of Terrorism and Illegal Organisations | 14% | - Federal Law No. 20 of 2018 |
| Client Protection | 10% | |
| Dubai Financial Market (DFM) | 11% |
CISI UAE Financial Rules and Regulations Sample Questions:
1. Which of the following features of a previous order can be changed with the order remaining valid?
A) Order type
B) Market
C) Share category
D) Volume
2. In order for the contents of a financial promotion which quotes yield figures to satisfy the clear, fair, and not misleading rule, it should:
A) always assume the communication is intended for a retail client
B) make the promotion available simultaneously in printed form and online
C) ensure all monetary examples are calculated to at least two decimal places
D) give a balanced impression of both short and long term prospects
3. Which of the following financial activities comes under the fifth category licence?
A) Dealing in investments
B) Dealing in securities
C) Arrangement and advice
D) Credit rating agencies
4. DFM brokerage firms are required to ensure that employees have appropriate professional experience if they:
A) are employed to deal with clients or on their behalf
B) are employed to operate an electronic trading or clearing system
C) are on full-time or substantial part-time contracts
D) are new to the company or the industry
5. Where a local investment fund is established by an entity licensed to conduct family investment management, what minimum proportion of the units must be owned by family members?
A) 75%
B) 90%
C) 51%
D) 100%
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: D | Question # 3 Answer: D | Question # 4 Answer: A | Question # 5 Answer: B |
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