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

SectionObjectives
Financial Conduct and Compliance- Compliance and supervision
  • 1. Compliance monitoring frameworks
    • 2. Internal controls and governance
      - Conduct of business standards
      • 1. Client suitability and disclosure obligations
        • 2. Fair dealing and market integrity principles
          UAE Financial Regulatory Framework- Federal financial regulation structure
          • 1. Roles of central financial authorities
            • 2. Overview of UAE financial governance bodies
              - Securities and investment regulation
              • 1. Regulation of securities markets in the UAE
                • 2. Market conduct and compliance requirements
                  Regulatory Ethics and Professional Standards- Ethical standards in financial services
                  • 1. Professional integrity expectations
                    • 2. Conflicts of interest management
                      - Regulatory accountability
                      • 1. Regulatory reporting obligations
                        • 2. Responsibilities of financial professionals
                          Anti-Money Laundering and Financial Crime- Financial crime prevention
                          • 1. Sanctions compliance obligations
                            • 2. Fraud prevention controls
                              - AML/CFT requirements in the UAE
                              • 1. Customer due diligence (CDD) and KYC
                                • 2. Suspicious transaction reporting

                                  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
                                  Reveal Solution  Discussion  0

                                  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
                                  Reveal Solution  Discussion  0

                                  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
                                  Reveal Solution  Discussion  0

                                  Correct Answer: C  🗳️

                                  Explanation: Only visible for ActualVCE members. You can sign-up / login (it's free).

                                  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
                                  Reveal Solution  Discussion  0

                                  Correct Answer: B  🗳️

                                  Explanation: Only visible for ActualVCE members. You can sign-up / login (it's free).

                                  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
                                  Reveal Solution  Discussion  0

                                  Correct Answer: A  🗳️

                                  Explanation: Only visible for ActualVCE members. You can sign-up / login (it's free).

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