CISI UAE Financial Rules and Regulations : UAE-Financial-Rules-and-Regulations

Exam Code: UAE-Financial-Rules-and-Regulations

Exam Name: CISI UAE Financial Rules and Regulations Exam

Updated: Jun 21, 2026

Q & A: 102 Questions and Answers

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CISI UAE Financial Rules and Regulations Sample Questions:

1. If in-kind shares are provided when the fund is founded; if the subscription fails and there is no special agreement, who would bear the expenses?

A) Share providers
B) Evaluators
C) Founders
D) Auditors


2. When a company applies to become a Special Purpose Acquisition Company, its sponsors must prepare proposals to:

A) manage conflicts of interest
B) reduce the risk to investors
C) deal with succession planning
D) identify potential money laundering


3. A good-till-cancelled order on the DFM will remain available for execution unless it is cancelled by:

A) the broker
B) the clearing member
C) the investor
D) the market committee


4. 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 two business days of receipt
B) Deposit not less than 100% 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 90% of the public subscription proceeds within one business day of receipt


5. The DFM's Professional Code of Conduct requires brokerage firms to take reasonable steps to determine the identity of their clients. For natural persons, this should include:

A) full name of portfolio manager
B) commercial register number and commercial licence
C) profession, exact address, PO Box and phone number
D) nature of the entity, its legal form, type and capital


Solutions:

Question # 1
Answer: C
Question # 2
Answer: A
Question # 3
Answer: C
Question # 4
Answer: C
Question # 5
Answer: C

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