CISI UAE-Financial-Rules-and-Regulations exam dumps : CISI UAE Financial Rules and Regulations Exam

  • Exam Code: UAE-Financial-Rules-and-Regulations
  • Exam Name: CISI UAE Financial Rules and Regulations Exam
  • Updated: Sep 12, 2026     Q & A: 188 Questions and Answers

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

SectionWeightObjectives
Investment Funds11%- Provisions specific to certain public funds
- The local fund
Dubai Financial Market (DFM)11%
The Regulatory Infrastructure17%- 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 Bodies14%- Requirements of capital market institutions
- General provisions
- Licensing financial activities
Markets11%- General background
- Disclosure and Transparency
Client Protection10%
Anti-Money Laundering and Combating the Financing of Terrorism and Illegal Organisations14%- Federal Law No. 20 of 2018
Trading11%

CISI UAE Financial Rules and Regulations Sample Questions:

Question #1

A financial services firm was able to treat client assets as its own without breaching the custody rules. This was because the firm:

  • A. Operated on an execution-only basis
  • B. Obtained the client's prior consent
  • C. Satisfied the insolvency criteria
  • D. Utilised a bank's underlying guarantee
Answer: B

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Question #2

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?

  • A. Client agreements and selling orders only
  • B. Client agreements, selling orders and accounts
  • C. Selling orders and accounts only
  • D. Accounts and client agreements only
Answer: B

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Question #3

The founders of a local investment fund must not dispose of the investment units owned by them for a period of at least:

  • A. 12 months from the date of foundation
  • B. 18 months from the date of foundation
  • C. 9 months from the date of foundation
  • D. 6 months from the date of foundation
Answer: D

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Question #4

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 1,000,000 and no more than AED 10,000,000
  • B. no less than AED 100,000 and no more than AED 5,000,000
  • C. no less than AED 100,000 and no more than AED 1,000,000
  • D. no less than AED 50,000 and no more than AED 1,000,000
Answer: B

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Question #5

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?

  • A. 15 days
  • B. 10 days
  • C. 5 days
  • D. 30 days
Answer: D

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