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CISI UAE-Financial-Rules-and-Regulations Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: The Regulatory Infrastructure | 10% | - Roles and powers of regulators - Regulatory bodies: SCA, CBUAE, DFSA, FSRA - Legislative framework and regulatory objectives |
| Topic 2: Client Protection | 20% | - Client assets and money protection - Communications, reporting and complaints handling - Client identification and classification |
| Topic 3: Markets | 10% | - UAE exchanges: DFM, ADX, NASDAQ Dubai - Listing and admission requirements - Trading and settlement rules |
| Topic 4: Associated Market and Securities Legislation and Practice | 6% | - Legal obligations of market participants - Market operation rules - Securities laws and regulations |
| Topic 5: Trading | 20% | - Trading rules and mechanisms - Market integrity and surveillance - Reporting and compliance requirements |
| Topic 6: Authorised Persons | 6% | - Licensing and authorization requirements - Conduct of business rules - Obligations of authorized firms and individuals |
| Topic 7: Market Conduct Legislation and Regulation | 28% | - Insider dealing and market abuse - Financial crime, AML and CFT regulations - Disclosure and transparency obligations |
CISI UAE Financial Rules and Regulations Sample Questions:
1. The contract size for trading in Silver Futures on the Dubai Gold & Commodities Exchange is 1,000 troy ounces of refined silver, plus or minus what prescribed margin?
A) 1%
B) 5%
C) 10%
D) 2%
2. Anyone who notifies or warns a person in relation to suspicions, or reveals any transaction under review in relation to suspicions, is guilty of:
A) money laundering
B) layering
C) collusion
D) tipping off
3. A licensed person who conducts financial activities related to security tokens is required to carry out a suitability check only if:
A) the client is not a qualified investor
B) the amount being invested exceeds AED 100,000
C) the token falls into the high risk category
D) the licensed person has less than 3 years' relevant experience
4. A public joint-stock company is automatically prevented by the regulations from executing a buyback transaction if it:
A) has been designated a company of State importance
B) issued shares in a public offer in the last six months
C) is formally classed as an insurance company
D) was incorporated in the last three years
5. What proportion of the market value of securities owned by a brokerage company are used to increase the value of its guarantee?
A) 50%
B) 70%
C) 80%
D) 60%
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: D | Question # 3 Answer: A | Question # 4 Answer: B | Question # 5 Answer: B |
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