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CISI UAE-Financial-Rules-and-Regulations Exam Syllabus Topics:
| Section | Weight | Objectives |
| Topic 1: The Regulatory Infrastructure | 17% | - Accounting system controls (Decision No. 13/Chairman issued 2021)
- Federal Law No. 4 of 2000
- Corporate Governance (Law No. 3 issued Jan 2020)
- SCA Resolutions
- License categories and requirements (Decision No. 13/Chairman issued 2021)
- Securities & Commodities Authority (SCA)
- Codes of Conduct
|
| Topic 2: Investment Funds | 11% | - The local fund
- Provisions specific to certain public funds
|
| Topic 3: Licensed Bodies | 14% | - Licensing financial activities
- General provisions
- Requirements of capital market institutions
|
| Topic 4: Client Protection | 10% | |
| Topic 5: Anti-Money Laundering and Combating the Financing of Terrorism and Illegal Organisations | 14% | - Federal Law No. 20 of 2018
|
| Topic 6: Trading | 11% | |
| Topic 7: Markets | 11% | - General background
- Disclosure and Transparency
|
| Topic 8: Dubai Financial Market (DFM) | 11% | |
CISI UAE Financial Rules and Regulations Sample Questions:
When a licensed firm refers a client complaint to another body, it must:
- A. Continue handling any part of the complaint that was not referred
- B. Notify the complainant by telephone or email
- C. Suspend handling any part of the complaint that was not referred
- D. Advise the complainant that they have 30 days to appeal this action
Reveal Solution
Discussion
Correct Answer: A 🗳️
Explanation: Only visible for VCEEngine members. You can sign-up / login (it's free).
If the mid-point is used to determine the theoretical auction price for a pre-closing session of the DFM, it is:
- A. rounded down to the nearest price tick
- B. rounded to two decimal places
- C. rounded to one decimal place
- D. rounded up to the nearest price tick
Reveal Solution
Discussion
Correct Answer: D 🗳️
Explanation: Only visible for VCEEngine members. You can sign-up / login (it's free).
A good-till-cancelled order on the DFM will remain available for execution unless it is cancelled by:
- A. the investor
- B. the broker
- C. the clearing member
- D. the market committee
Reveal Solution
Discussion
Correct Answer: A 🗳️
Explanation: Only visible for VCEEngine members. You can sign-up / login (it's free).
The whistleblowing policy submitted by an applicant for a financial activities licence must include a mechanism for:
- A. disciplining staff proven to have breached rules
- B. protecting the reporting employee
- C. escalating any reports to board level
- D. ensuring all staff have a named reporting contact
Reveal Solution
Discussion
Correct Answer: B 🗳️
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During a trading session of the DFM, a selling transaction can be executed:
- A. Only during the first 55 minutes of each hour
- B. At any time throughout the session
- C. Only during the first 50 minutes of each hour
- D. At any time apart from the last 15 minutes of the session
Reveal Solution
Discussion
Correct Answer: B 🗳️
Explanation: Only visible for VCEEngine members. You can sign-up / login (it's free).