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

SectionObjectives
Topic 1: Financial Conduct and Compliance- Conduct of business standards
  • 1. Client suitability and disclosure obligations
    • 2. Fair dealing and market integrity principles
      - Compliance and supervision
      • 1. Internal controls and governance
        • 2. Compliance monitoring frameworks
          Topic 2: Regulatory Ethics and Professional Standards- Regulatory accountability
          • 1. Regulatory reporting obligations
            • 2. Responsibilities of financial professionals
              - Ethical standards in financial services
              • 1. Conflicts of interest management
                • 2. Professional integrity expectations
                  Topic 3: UAE Financial Regulatory Framework- Federal financial regulation structure
                  • 1. Overview of UAE financial governance bodies
                    • 2. Roles of central financial authorities
                      - Securities and investment regulation
                      • 1. Market conduct and compliance requirements
                        • 2. Regulation of securities markets in the UAE
                          Topic 4: Anti-Money Laundering and Financial Crime- Financial crime prevention
                          • 1. Sanctions compliance obligations
                            • 2. Fraud prevention controls
                              - AML/CFT requirements in the UAE
                              • 1. Suspicious transaction reporting
                                • 2. Customer due diligence (CDD) and KYC

                                  CISI UAE Financial Rules and Regulations Sample Questions:

                                  A licensed person who conducts financial activities related to security tokens is required to carry out a suitability check only if:

                                  • A. the token falls into the high risk category
                                  • B. the licensed person has less than 3 years' relevant experience
                                  • C. the amount being invested exceeds AED 100,000
                                  • D. the client is not a qualified investor
                                  Reveal Solution  Discussion  0

                                  Correct Answer: D  🗳️

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

                                  In cases where securities are bought and sold during the same trading session, the client must have in its cash account enough:

                                  • A. credit to cover the value of purchase
                                  • B. securities to the value of purchase
                                  • C. credit to cover the value of sale
                                  • D. credit to cover the value of any losses
                                  Reveal Solution  Discussion  0

                                  Correct Answer: A  🗳️

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

                                  The Authority suspects a person offering crypto assets of violating regulations and wants to examine the firm's computer systems, computer equipment and data traffic. Which of these does it have the power to access and inspect?

                                  • A. Systems, equipment and data traffic
                                  • B. Equipment and data traffic only
                                  • C. Data traffic and systems only
                                  • D. Systems and equipment only
                                  Reveal Solution  Discussion  0

                                  Correct Answer: A  🗳️

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

                                  The last trading day for an India Gold Quanto Futures contract is:

                                  • A. one business day prior to the last business day of the delivery month
                                  • B. two business days prior to the last business day of the delivery month
                                  • C. four business days prior to the 25th calendar day of the delivery month
                                  • D. the 25th calendar day of the delivery month
                                  Reveal Solution  Discussion  0

                                  Correct Answer: B  🗳️

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

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

                                  Correct Answer: D  🗳️

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

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