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CISI UAE-Financial-Rules-and-Regulations Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Trading | 11% | |
| Licensed Bodies | 14% | - General provisions - Licensing financial activities - Requirements of capital market institutions |
| Investment Funds | 11% | - The local fund - Provisions specific to certain public funds |
| The Regulatory Infrastructure | 17% | - SCA Resolutions - License categories and requirements (Decision No. 13/Chairman issued 2021) - Corporate Governance (Law No. 3 issued Jan 2020) - Federal Law No. 4 of 2000 - Codes of Conduct - Accounting system controls (Decision No. 13/Chairman issued 2021) - Securities & Commodities Authority (SCA) |
| Client Protection | 10% | |
| Dubai Financial Market (DFM) | 11% | |
| Markets | 11% | - Disclosure and Transparency - General background |
| Anti-Money Laundering and Combating the Financing of Terrorism and Illegal Organisations | 14% | - Federal Law No. 20 of 2018 |
CISI UAE Financial Rules and Regulations Sample Questions:
1. Following a public subscription, what must a Special Purpose Acquisition Company do with the proceeds?
A) Deposit not less than 100% of the public subscription proceeds within two business days of receipt
B) Deposit not less than 90% of the public subscription proceeds within two business days of receipt
C) Deposit not less than 90% of the public subscription proceeds within one business day of receipt
D) Deposit not less than 100% of the public subscription proceeds within one business day of receipt
2. A licensed person who conducts financial activities related to security tokens is required to carry out a suitability check only if:
A) the licensed person has less than 3 years' relevant experience
B) the amount being invested exceeds AED 100,000
C) the client is not a qualified investor
D) the token falls into the high risk category
3. If the perpetrator of a money laundering crime is a repeat offender, what impact does this have on the minimum fine compared to a first offence?
A) It is tripled
B) It is doubled
C) It is increased by 50%
D) It is quadrupled
4. Where an applicant for a financial activities licence uses a cloud-based server, they must set out provisions to ensure the outsourced party can operate with zero data loss for what stated period?
A) Seven years
B) Three years
C) Ten years
D) Five years
5. When updating their money laundering compliance framework, firms involved in crypto assets are required to take into account the recommendations of which body?
A) Financial Action Task Force
B) World Bank
C) Bank for International Settlements
D) United Nations Office on Drugs and Crime
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: C | Question # 3 Answer: B | Question # 4 Answer: D | Question # 5 Answer: A |




