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CISI UAE-Financial-Rules-and-Regulations Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Dubai Financial Market (DFM) | 11% | |
| Anti-Money Laundering and Combating the Financing of Terrorism and Illegal Organisations | 14% | - Federal Law No. 20 of 2018 |
| Investment Funds | 11% | - Provisions specific to certain public funds - The local fund |
| The Regulatory Infrastructure | 17% | - SCA Resolutions - Accounting system controls (Decision No. 13/Chairman issued 2021) - Securities & Commodities Authority (SCA) - Corporate Governance (Law No. 3 issued Jan 2020) - Federal Law No. 4 of 2000 - Codes of Conduct - License categories and requirements (Decision No. 13/Chairman issued 2021) |
| Trading | 11% | |
| Client Protection | 10% | |
| Licensed Bodies | 14% | - General provisions - Licensing financial activities - Requirements of capital market institutions |
| Markets | 11% | - General background - Disclosure and Transparency |
CISI UAE Financial Rules and Regulations Sample Questions:
1. If the perpetrator of a money laundering crime is a repeat offender, what impact does this have on the minimum fine compared to a first offence?
A) It is quadrupled
B) It is tripled
C) It is doubled
D) It is increased by 50%
2. If an issuer provides its shareholders with bonus shares, then the CSD Department will deposit the bonus shares issued in the account and will register them as a whole, round number. What happens in the case that there are fractions of shares?
A) The issuing company must sell them within 30 days
B) They are totalled up and put in a suspense account
C) These are also added to the shareholder's account
D) The issuing company must sell them within 45 days
3. When establishing a local investment fund, how much are the founders required to subscribe?
A) At least 1 million dirhams
B) At least 10 million dirhams
C) At least 5 million dirhams
D) At least 20 million dirhams
4. Where a private equity fund is to be incorporated, the incorporation agreement must include a statement indicating:
A) who bears main responsibility for regulatory compliance
B) whether the investment management will be outsourced
C) whether the limited partners can influence investment management
D) who will be appointed auditor for the fund
5. If a Special Purpose Acquisition Company fails to complete a business combination, measures to return the funds to investors must be taken within what maximum number of business days?
A) 25
B) 15
C) 10
D) 20
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: B | Question # 3 Answer: B | Question # 4 Answer: A | Question # 5 Answer: D |
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