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CISI UAE-Financial-Rules-and-Regulations Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Dubai Financial Market (DFM) | 11% | |
| Licensed Bodies | 14% | - Licensing financial activities - Requirements of capital market institutions - General provisions |
| Trading | 11% | |
| Markets | 11% | - Disclosure and Transparency - General background |
| Anti-Money Laundering and Combating the Financing of Terrorism and Illegal Organisations | 14% | - Federal Law No. 20 of 2018 |
| The Regulatory Infrastructure | 17% | - Corporate Governance (Law No. 3 issued Jan 2020) - Securities & Commodities Authority (SCA) - License categories and requirements (Decision No. 13/Chairman issued 2021) - SCA Resolutions - Codes of Conduct - Accounting system controls (Decision No. 13/Chairman issued 2021) - Federal Law No. 4 of 2000 |
| Client Protection | 10% | |
| Investment Funds | 11% | - The local fund - Provisions specific to certain public funds |
CISI UAE Financial Rules and Regulations Sample Questions:
1. Following a public subscription, what must a Special Purpose Acquisition Company do with the proceeds?
A) Deposit not less than 90% of the public subscription proceeds within one business day of receipt
B) Deposit not less than 90% of the public subscription proceeds within two business days of receipt
C) Deposit not less than 100% of the public subscription proceeds within one business day of receipt
D) Deposit not less than 100% of the public subscription proceeds within two business days of receipt
2. An applicant for a license from the Authority has submitted a feasibility study and work plan. What method will be used to evaluate this?
A) A stress testing exercise
B) SWOT analysis
C) An operational risk matrix
D) Comparison with the same sector
3. In cases where securities are bought and sold during the same trading session, the client must have in its cash account enough:
A) securities to the value of purchase
B) credit to cover the value of any losses
C) credit to cover the value of sale
D) credit to cover the value of purchase
4. Customer due diligence measures require management approval if the natural person involved is:
A) registered as disabled
B) normally resident outside the State
C) a politically exposed person
D) under the age of 21
5. When a company applies to become a Special Purpose Acquisition Company, its sponsors must prepare proposals to:
A) deal with succession planning
B) identify potential money laundering
C) reduce the risk to investors
D) manage conflicts of interest
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: B | Question # 3 Answer: D | Question # 4 Answer: C | Question # 5 Answer: D |



