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CISI UAE-Financial-Rules-and-Regulations Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Regulatory Ethics and Professional Standards | - Ethical standards in financial services
|
| Topic 2: Anti-Money Laundering and Financial Crime | - Financial crime prevention
|
| Topic 3: UAE Financial Regulatory Framework | - Securities and investment regulation
|
| Topic 4: Financial Conduct and Compliance | - Compliance and supervision
|
CISI UAE Financial Rules and Regulations Sample Questions:
1. An error was made by a broker which led to a trade being conducted using the wrong trading account number.
If the trader submitted a request to have the number amended 40 minutes after the end of the trading session, the amendment would only be made if:
A) the circumstances are considered to be exceptional
B) an alteration fee is paid at the same time
C) the correction is within a 5% error margin
D) an impact assessment gives acceptable results
2. Where a financial analyst wants to conduct a personal transaction which relates to investment research being undertaken, what additional requirement is normally imposed?
A) Approval from the firm's legal or compliance department
B) Approval from the Authority or Central Bank
C) Signing of a non-conflict disclaimer
D) Signing of a guarantee undertaking
3. 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) 10
B) 20
C) 15
D) 25
4. Which of the following customer due diligence measures should be taken if a client is a foreign politically exposed person?
A) Conduct a prescribed risk / benefit analysis
B) Seek Authority approval to proceed
C) Examine the latest Interpol watch list
D) Attempt to establish the source of the funds
5. Where an applicant for a financial activities licence uses a cloud-based server, they must set out provisions to ensure the outsourced party can operate with zero data loss for what stated period?
A) Seven years
B) Five years
C) Three years
D) Ten years
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: A | Question # 3 Answer: B | Question # 4 Answer: D | Question # 5 Answer: B |






