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

SectionObjectives
Topic 1: UAE Financial Regulatory Framework- Federal financial regulation structure
  • 1. Roles of central financial authorities
    • 2. Overview of UAE financial governance bodies
      - Securities and investment regulation
      • 1. Regulation of securities markets in the UAE
        • 2. Market conduct and compliance requirements
          Topic 2: Anti-Money Laundering and Financial Crime- Financial crime prevention
          • 1. Fraud prevention controls
            • 2. Sanctions compliance obligations
              - AML/CFT requirements in the UAE
              • 1. Suspicious transaction reporting
                • 2. Customer due diligence (CDD) and KYC
                  Topic 3: Regulatory Ethics and Professional Standards- Regulatory accountability
                  • 1. Regulatory reporting obligations
                    • 2. Responsibilities of financial professionals
                      - Ethical standards in financial services
                      • 1. Conflicts of interest management
                        • 2. Professional integrity expectations
                          Topic 4: Financial Conduct and Compliance- Conduct of business standards
                          • 1. Client suitability and disclosure obligations
                            • 2. Fair dealing and market integrity principles
                              - Compliance and supervision
                              • 1. Compliance monitoring frameworks
                                • 2. Internal controls and governance

                                  CISI UAE Financial Rules and Regulations Sample Questions:

                                  Why would a transaction in securities listed on the market be declared null and void?

                                  • A. There was a failure to present reports and data to the Authority and issue the necessary press releases
                                  • B. A member of the Board was convicted of an offence of dishonour
                                  • C. Trading transactions in securities and commodities were not monitored on a daily basis
                                  • D. It was not recorded according to the provisions and the regulations and resolutions issued
                                  Reveal Solution  Discussion  0

                                  Correct Answer: D  🗳️

                                  Explanation: Only visible for TestKingIT members. You can sign-up / login (it's free).

                                  Membership of an Authority regulated market is obligatory for which of the following entities?

                                  • A. Licensed brokers
                                  • B. Listed joint-stock companies, licensed brokers and any other type of business entity
                                  • C. Listed joint-stock companies and licensed brokers
                                  • D. Listed joint-stock companies, licensed brokers and other listed entities
                                  Reveal Solution  Discussion  0

                                  Correct Answer: D  🗳️

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                                  The watch list, which is monitored by an Authority-established committee, consists of which group of companies?

                                  • A. All public companies which have declared losses in the last 12 months
                                  • B. All private companies which have declared losses in the last 12 months
                                  • C. Companies in the first category
                                  • D. Companies in the second category
                                  Reveal Solution  Discussion  0

                                  Correct Answer: A  🗳️

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                                  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
                                  Reveal Solution  Discussion  0

                                  Correct Answer: D  🗳️

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                                  Why might employees in one part of a regulated business be permitted to withhold information from employees in another part of the business?

                                  • A. To comply with a Chinese wall
                                  • B. Strict privacy of client information
                                  • C. At the request of the audit function
                                  • D. Prevention of insider trading
                                  Reveal Solution  Discussion  0

                                  Correct Answer: A  🗳️

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