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

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

                                  CISI UAE Financial Rules and Regulations Sample Questions:

                                  1. The statement in a suitability report giving reasons for the recommendation must also indicate:

                                  A) why the next best product or service was disregarded
                                  B) the client's ability to bear any risks and losses
                                  C) whether or not the client has accepted this guidance
                                  D) the extent to which the author is qualified to make this judgement


                                  2. A public real estate investment fund must distribute at least what percentage of the achieved net profits every year, to the holders of its units?

                                  A) 75%
                                  B) 80%
                                  C) 100%
                                  D) 50%


                                  3. If a listed company faces accumulated losses of 50% or more of capital, what is required to happen?

                                  A) It is moved from a second category listing to a first category of listing
                                  B) It is moved from a first category listing to a second category of listing
                                  C) Its shares are suspended for at least six months
                                  D) It is required to be audited more frequently


                                  4. If there is a material change in the nature of the relevant software, the regulations state that investors who have accepted an offer of crypto assets must be notified:

                                  A) promptly in advance
                                  B) within no less than 7 days
                                  C) within no less than 14 days
                                  D) immediately after implementation


                                  5. When licence applicants submit behaviour regulations including a professional code of ethics, this falls under the category of:

                                  A) administration regulation
                                  B) employee regulation
                                  C) technical system
                                  D) governance regulation


                                  Solutions:

                                  Question # 1
                                  Answer: B
                                  Question # 2
                                  Answer: B
                                  Question # 3
                                  Answer: B
                                  Question # 4
                                  Answer: A
                                  Question # 5
                                  Answer: D

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