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| Section | Weight | Objectives |
|---|---|---|
| Investment Funds | 11% | - Provisions specific to certain public funds - The local fund |
| Dubai Financial Market (DFM) | 11% | |
| The Regulatory Infrastructure | 17% | - Corporate Governance (Law No. 3 issued Jan 2020) - Accounting system controls (Decision No. 13/Chairman issued 2021) - Federal Law No. 4 of 2000 - Codes of Conduct - SCA Resolutions - License categories and requirements (Decision No. 13/Chairman issued 2021) - Securities & Commodities Authority (SCA) |
| Licensed Bodies | 14% | - Requirements of capital market institutions - General provisions - Licensing financial activities |
| Markets | 11% | - General background - Disclosure and Transparency |
| Client Protection | 10% | |
| Anti-Money Laundering and Combating the Financing of Terrorism and Illegal Organisations | 14% | - Federal Law No. 20 of 2018 |
| Trading | 11% |
A financial services firm was able to treat client assets as its own without breaching the custody rules. This was because the firm:
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A brokerage firm's records include client agreements, selling orders and accounts. Under the Professional Code of Conduct, which of these does the DFM have the right to access and review?
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The founders of a local investment fund must not dispose of the investment units owned by them for a period of at least:
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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:
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Within what period after the date of closing subscriptions must the fund manager and the founders of a self- managed fund submit a certificate of completion from the auditor?
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