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: Aug 10, 2026

Q & A: 102 Questions and Answers

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

SectionWeightObjectives
Markets10%- Listing and admission requirements
- UAE exchanges: DFM, ADX, NASDAQ Dubai
- Trading and settlement rules
Client Protection20%- Client assets and money protection
- Communications, reporting and complaints handling
- Client identification and classification
Authorised Persons6%- Conduct of business rules
- Licensing and authorization requirements
- Obligations of authorized firms and individuals
The Regulatory Infrastructure10%- Roles and powers of regulators
- Legislative framework and regulatory objectives
- Regulatory bodies: SCA, CBUAE, DFSA, FSRA
Trading20%- Trading rules and mechanisms
- Market integrity and surveillance
- Reporting and compliance requirements
Market Conduct Legislation and Regulation28%- Financial crime, AML and CFT regulations
- Disclosure and transparency obligations
- Insider dealing and market abuse
Associated Market and Securities Legislation and Practice6%- Securities laws and regulations
- Market operation rules
- Legal obligations of market participants

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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