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

SectionWeightObjectives
Client Protection20%- Client assets and money protection
- Communications, reporting and complaints handling
- Client identification and classification
Markets10%- UAE exchanges: DFM, ADX, NASDAQ Dubai
- Listing and admission requirements
- Trading and settlement rules
Associated Market and Securities Legislation and Practice6%- Market operation rules
- Legal obligations of market participants
- Securities laws and regulations
The Regulatory Infrastructure10%- Roles and powers of regulators
- Regulatory bodies: SCA, CBUAE, DFSA, FSRA
- Legislative framework and regulatory objectives
Trading20%- Reporting and compliance requirements
- Market integrity and surveillance
- Trading rules and mechanisms
Authorised Persons6%- Conduct of business rules
- Obligations of authorized firms and individuals
- Licensing and authorization requirements
Market Conduct Legislation and Regulation28%- Insider dealing and market abuse
- Financial crime, AML and CFT regulations
- Disclosure and transparency obligations

CISI UAE Financial Rules and Regulations Sample Questions:

An Authority resolution was passed by the Chairman alone. Why was this possible?

  • A. It was impossible to hold a meeting with all Board members present
  • B. It was an exceptional case where a quick decision needed to be taken, and it was impossible to hold a meeting of the Board
  • C. The Chairman holds a casting vote which can be used whenever considered appropriate
  • D. Board members abstained due to a conflict of interest
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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The Authority is permitted to cancel the licence of a licensed body if it fails to practise any financial activity within what prescribed period after obtaining the category licence?

  • A. 24 months
  • B. 6 months
  • C. 18 months
  • D. 12 months
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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Under what circumstances, if any, may financial analysts commit to providing favourable research coverage to issuers of securities?

  • A. Only if the analyst signs a non-disclosure agreement with the issuer
  • B. Only if the issuer belongs to the same parent group as the analyst's company
  • C. Only if the research is provided free or for a nominal charge
  • D. Not under any circumstances
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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Order cancellation can be carried out on the trading system. What happens if the order has already been traded?

  • A. The original order is recovered
  • B. An adjustment is made
  • C. The request is rejected
  • D. Execution priority is given
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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A licensed body submitted a requested document to the Authority and a short time later noticed that it was incomplete. How soon must it notify the Authority of this issue?

  • A. Immediately
  • B. By the end of that working week
  • C. Within a maximum of 48 hours
  • D. Within a maximum of 72 hours
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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