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

SectionWeightObjectives
Topic 1: Markets11%- Disclosure and Transparency
- General background
Topic 2: Investment Funds11%- Provisions specific to certain public funds
- The local fund
Topic 3: The Regulatory Infrastructure17%- Accounting system controls (Decision No. 13/Chairman issued 2021)
- Codes of Conduct
- SCA Resolutions
- Securities & Commodities Authority (SCA)
- Federal Law No. 4 of 2000
- License categories and requirements (Decision No. 13/Chairman issued 2021)
- Corporate Governance (Law No. 3 issued Jan 2020)
Topic 4: Anti-Money Laundering and Combating the Financing of Terrorism and Illegal Organisations14%- Federal Law No. 20 of 2018
Topic 5: Dubai Financial Market (DFM)11%
Topic 6: Client Protection10%
Topic 7: Trading11%
Topic 8: Licensed Bodies14%- General provisions
- Requirements of capital market institutions
- Licensing financial activities

CISI UAE Financial Rules and Regulations Sample Questions:

1. The Authority will only grant a licence to operate a crypto fundraising platform in the UAE if the applicant is a legal person in the form of:

A) an exchange licensed by a market in the UAE
B) a company incorporated under Shariah law
C) a sophisticated trader or a qualified investor
D) an exchange licensed by the Authority in the UAE


2. An applicant for a license from the Authority has submitted a feasibility study and work plan. What method will be used to evaluate this?

A) An operational risk matrix
B) A stress testing exercise
C) SWOT analysis
D) Comparison with the same sector


3. Where self-fund founders intend to accept in-kind shares, the fund prospectus must state whether these shares:

A) are consistent with the fund's investment strategy
B) are to be valued subjectively
C) will be held as capital assets of the fund
D) may subsequently be disposed of


4. The role of the authorised agent of the exchange-traded fund (ETF) is to:

A) ensure that the transfer of ownership of units is completed
B) announce the net value of the unit's assets on a daily basis
C) update sell and buy orders
D) regularly announce the indicative value of the net value of assets


5. An in-kind shares evaluation report must be based on data covering what maximum period before the evaluation date?

A) Four months
B) One month
C) Three months
D) Two months


Solutions:

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

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