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CISI UAE-Financial-Rules-and-Regulations Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Financial Conduct and Compliance | - Compliance and supervision
|
| UAE Financial Regulatory Framework | - Federal financial regulation structure
|
| Regulatory Ethics and Professional Standards | - Ethical standards in financial services
|
| Anti-Money Laundering and Financial Crime | - Financial crime prevention
|
CISI UAE Financial Rules and Regulations Sample Questions:
In order to be authorised to provide custody, clearing and recording services, which of the following professional roles would the Authority expect to see within a firm acting as registrar of a private joint-stock company?
- A. Broker Representative
- B. Category Manager
- C. Investment Manager
- D. Operations Manager
Correct Answer: B 🗳️
Explanation: Only visible for ActualVCE members. You can sign-up / login (it's free).
A key purpose of customer due diligence measures is to address the risk of:
- A. Cybercrime
- B. Embezzlement
- C. Insider dealing
- D. Money laundering
Correct Answer: D 🗳️
Explanation: Only visible for ActualVCE members. You can sign-up / login (it's free).
For how many days after issuing a report must an in-kind shares evaluator refrain from trading in securities associated with the subject of the evaluation?
- A. 30 days
- B. 10 days
- C. 5 days
- D. 15 days
Correct Answer: C 🗳️
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A Special Purpose Acquisition Company deposited 95% of its public subscription proceeds into an escrow account. It is permitted to use this money to:
- A. Fund the issue of additional shares
- B. Meet recovery requests by the investors
- C. Hedge against adverse market movements
- D. Finance an internal restructuring programme
Correct Answer: B 🗳️
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Which of the following is the criminal penalty for any person who uses proceeds for the financing of terrorism?
- A. Life imprisonment or temporary imprisonment of no less than ten years, and a penalty of no less than AED 300,000 and no more than AED 10,000,000
- B. Life imprisonment and a penalty of no less than AED 300,000 and no more than AED 1,000,000
- C. Life imprisonment and a penalty of no less than AED 500,000 and no more than AED 10,000,000
- D. Temporary imprisonment of no less than ten years, and a penalty of no less than AED 300,000 and no more than AED 10,000,000
Correct Answer: A 🗳️
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