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

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

                                  CISI UAE Financial Rules and Regulations Sample Questions:

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

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


                                  2. A vote carried out by the board of the Authority resulted in a tie. What happens in these circumstances?

                                  A) The vote for the resolution is automatically carried
                                  B) The vote against the resolution is automatically carried
                                  C) The decision is postponed until another vote can be taken
                                  D) The chairman or their deputy is granted the casting vote


                                  3. In order for the contents of a financial promotion which quotes yield figures to satisfy the clear, fair, and not misleading rule, it should:

                                  A) make the promotion available simultaneously in printed form and online
                                  B) give a balanced impression of both short and long term prospects
                                  C) always assume the communication is intended for a retail client
                                  D) ensure all monetary examples are calculated to at least two decimal places


                                  4. A firm offering custody, clearing and recording, is required to have a minimum paid-up capital of:

                                  A) AED 100 million
                                  B) AED 150 million
                                  C) AED 50 million
                                  D) AED 30 million


                                  5. A failure to report suspicions, or gross negligence in implementing processes and procedures in relation to suspicions of money laundering, can result in a fine of:

                                  A) no less than AED 50,000 and no more than AED 1,000,000
                                  B) no less than AED 100,000 and no more than AED 5,000,000
                                  C) no less than AED 1,000,000 and no more than AED 10,000,000
                                  D) no less than AED 100,000 and no more than AED 1,000,000


                                  Solutions:

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

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