CISI UAE Financial Rules and Regulations : UAE-Financial-Rules-and-Regulations

UAE-Financial-Rules-and-Regulations real exams

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

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

SectionObjectives
Regulatory Ethics and Professional Standards- Regulatory accountability
  • 1. Responsibilities of financial professionals
    • 2. Regulatory reporting obligations
      - Ethical standards in financial services
      • 1. Professional integrity expectations
        • 2. Conflicts of interest management
          Financial Conduct and Compliance- Compliance and supervision
          • 1. Compliance monitoring frameworks
            • 2. Internal controls and governance
              - Conduct of business standards
              • 1. Client suitability and disclosure obligations
                • 2. Fair dealing and market integrity principles
                  UAE Financial Regulatory Framework- Federal financial regulation structure
                  • 1. Overview of UAE financial governance bodies
                    • 2. Roles of central financial authorities
                      - Securities and investment regulation
                      • 1. Regulation of securities markets in the UAE
                        • 2. Market conduct and compliance requirements
                          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. Sanctions compliance obligations
                                • 2. Fraud prevention controls

                                  CISI UAE Financial Rules and Regulations Sample Questions:

                                  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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