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CISI UAE-Financial-Rules-and-Regulations : 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 04, 2026

Q & A: 188 Questions and Answers

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

SectionObjectives
Topic 1: 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
          Topic 2: 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. Compliance monitoring frameworks
                • 2. Internal controls and governance
                  Topic 3: Regulatory Ethics and Professional Standards- Regulatory accountability
                  • 1. Responsibilities of financial professionals
                    • 2. Regulatory reporting obligations
                      - Ethical standards in financial services
                      • 1. Conflicts of interest management
                        • 2. Professional integrity expectations
                          Topic 4: UAE Financial Regulatory Framework- Securities and investment regulation
                          • 1. Regulation of securities markets in the UAE
                            • 2. Market conduct and compliance requirements
                              - Federal financial regulation structure
                              • 1. Overview of UAE financial governance bodies
                                • 2. Roles of central financial authorities

                                  CISI UAE Financial Rules and Regulations Sample Questions:

                                  Question 1

                                  An Authority resolution was passed by the Chairman alone. Why was this possible?

                                  A. Board members abstained due to a conflict of interest
                                  B. The Chairman holds a casting vote which can be used whenever considered appropriate
                                  C. It was impossible to hold a meeting with all Board members present
                                  D. It was an exceptional case where a quick decision needed to be taken, and it was impossible to hold a meeting of the Board


                                  Question 2

                                  If the two evaluators for an in-kind share transfer produce different fair value figures, what figure must be used?

                                  A. The average of the two amounts
                                  B. The highest one
                                  C. The lowest one
                                  D. The one produced by the most experienced evaluator


                                  Question 3

                                  A key reason why the regulator applies financial promotion rules is to ensure that:

                                  A. the available product range is maximised
                                  B. the impact of operational risk is avoided
                                  C. the customers are treated fairly
                                  D. the market is kept competitive


                                  Question 4

                                  Order cancellation can be carried out on the trading system. What happens if the order has already been traded?

                                  A. Execution priority is given
                                  B. An adjustment is made
                                  C. The original order is recovered
                                  D. The request is rejected


                                  Question 5

                                  The whistleblowing policy submitted by an applicant for a financial activities licence must include a mechanism for:

                                  A. disciplining staff proven to have breached rules
                                  B. escalating any reports to board level
                                  C. protecting the reporting employee
                                  D. ensuring all staff have a named reporting contact


                                  Solutions:

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

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