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Exam Code: UAE-Financial-Rules-and-Regulations
Exam Name: CISI UAE Financial Rules and Regulations Exam
Updated: Aug 14, 2026
Q & A: 102 Questions and Answers
UAE-Financial-Rules-and-Regulations Free Demo download
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| Section | Objectives |
|---|---|
| Regulatory Ethics and Professional Standards | - Regulatory accountability
|
| Financial Conduct and Compliance | - Compliance and supervision
|
| UAE Financial Regulatory Framework | - Federal financial regulation structure
|
| Anti-Money Laundering and Financial Crime | - AML/CFT requirements in the UAE
|
1. The Board of a securities market wished to suspend a rule relating to the operations of that market, why was it unable to do so?
A) A 30-day notice was not provided
B) An Authority penalty was pending
C) The majority of the board was not present
D) It failed to seek permission from the Authority
2. The statement in a suitability report giving reasons for the recommendation must also indicate:
A) why the next best product or service was disregarded
B) whether or not the client has accepted this guidance
C) the client's ability to bear any risks and losses
D) the extent to which the author is qualified to make this judgement
3. When establishing a local investment fund, how much are the founders required to subscribe?
A) At least 5 million dirhams
B) At least 20 million dirhams
C) At least 10 million dirhams
D) At least 1 million dirhams
4. When licence applicants submit behaviour regulations including a professional code of ethics, this falls under the category of:
A) technical system
B) employee regulation
C) administration regulation
D) governance regulation
5. Where a client is a legal person, the customer due diligence obligations require verification of identity for any natural persons holding what minimum controlling ownership interest?
A) 25%
B) 3%
C) 10%
D) 51%
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: C | Question # 3 Answer: C | Question # 4 Answer: D | Question # 5 Answer: A |
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