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CISI UAE-Financial-Rules-and-Regulations Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Client Protection | 20% | - Client assets and money protection - Communications, reporting and complaints handling - Client identification and classification |
| Markets | 10% | - UAE exchanges: DFM, ADX, NASDAQ Dubai - Listing and admission requirements - Trading and settlement rules |
| Associated Market and Securities Legislation and Practice | 6% | - Market operation rules - Legal obligations of market participants - Securities laws and regulations |
| The Regulatory Infrastructure | 10% | - Roles and powers of regulators - Regulatory bodies: SCA, CBUAE, DFSA, FSRA - Legislative framework and regulatory objectives |
| Trading | 20% | - Reporting and compliance requirements - Market integrity and surveillance - Trading rules and mechanisms |
| Authorised Persons | 6% | - Conduct of business rules - Obligations of authorized firms and individuals - Licensing and authorization requirements |
| 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:
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
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
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
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
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
Correct Answer: A 🗳️
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