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CISI UAE-Financial-Rules-and-Regulations Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Anti-Money Laundering and Combating the Financing of Terrorism and Illegal Organisations | 14% | - Federal Law No. 20 of 2018 |
| Topic 2: Licensed Bodies | 14% | - Requirements of capital market institutions - Licensing financial activities - General provisions |
| Topic 3: Investment Funds | 11% | - The local fund - Provisions specific to certain public funds |
| Topic 4: Client Protection | 10% | |
| Topic 5: Markets | 11% | - General background - Disclosure and Transparency |
| Topic 6: The Regulatory Infrastructure | 17% | - Corporate Governance (Law No. 3 issued Jan 2020) - Federal Law No. 4 of 2000 - Codes of Conduct - Accounting system controls (Decision No. 13/Chairman issued 2021) - SCA Resolutions - Securities & Commodities Authority (SCA) - License categories and requirements (Decision No. 13/Chairman issued 2021) |
| Topic 7: Trading | 11% | |
| Topic 8: Dubai Financial Market (DFM) | 11% |
CISI UAE Financial Rules and Regulations Sample Questions:
1. When collecting data from official authorities, evaluators of investment fund in-kind shares are required to abide by the principles of honesty, justice and:
A) equality
B) governance
C) prudence
D) confidentiality
2. If an issuer provides its shareholders with bonus shares, then the CSD Department will deposit the bonus shares issued in the account and will register them as a whole, round number. What happens in the case that there are fractions of shares?
A) These are also added to the shareholder's account
B) The issuing company must sell them within 45 days
C) They are totalled up and put in a suspense account
D) The issuing company must sell them within 30 days
3. The Authority will only grant a licence to operate a crypto fundraising platform in the UAE if the applicant is a legal person in the form of:
A) a company incorporated under Shariah law
B) an exchange licensed by the Authority in the UAE
C) an exchange licensed by a market in the UAE
D) a sophisticated trader or a qualified investor
4. Which of the following financial activities comes under the fifth category licence?
A) Dealing in investments
B) Arrangement and advice
C) Credit rating agencies
D) Dealing in securities
5. The Board of a securities market wished to suspend a rule relating to the operations of that market, why was it unable to do so?
A) An Authority penalty was pending
B) The majority of the board was not present
C) It failed to seek permission from the Authority
D) A 30-day notice was not provided
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: C | Question # 3 Answer: B | Question # 4 Answer: C | Question # 5 Answer: C |
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