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CISI UAE-Financial-Rules-and-Regulations Exam Syllabus Topics:
| Section | Weight | Objectives |
| Topic 1: Market Conduct Legislation and Regulation | 28% | - Disclosure and transparency obligations
- Insider dealing and market abuse
- Financial crime, AML and CFT regulations
|
| Topic 2: Markets | 10% | - UAE exchanges: DFM, ADX, NASDAQ Dubai
- Listing and admission requirements
- Trading and settlement rules
|
| Topic 3: Trading | 20% | - Market integrity and surveillance
- Trading rules and mechanisms
- Reporting and compliance requirements
|
| Topic 4: Associated Market and Securities Legislation and Practice | 6% | - Legal obligations of market participants
- Securities laws and regulations
- Market operation rules
|
| Topic 5: Authorised Persons | 6% | - Obligations of authorized firms and individuals
- Licensing and authorization requirements
- Conduct of business rules
|
| Topic 6: Client Protection | 20% | - Communications, reporting and complaints handling
- Client identification and classification
- Client assets and money protection
|
| Topic 7: The Regulatory Infrastructure | 10% | - Roles and powers of regulators
- Regulatory bodies: SCA, CBUAE, DFSA, FSRA
- Legislative framework and regulatory objectives
|
CISI UAE Financial Rules and Regulations Sample Questions:
1. A key reason why the regulator applies financial promotion rules is to ensure that:
A) the available product range is maximised
B) the customers are treated fairly
C) the impact of operational risk is avoided
D) the market is kept competitive
2. Which of the following conditions must an individual satisfy if they are to carry out an evaluation for an in- kind share transfer?
A) They must be a qualified accountant or auditor
B) They must sign a declaration of impartiality
C) They must be on an Authority list of provisionally or fully approved evaluators
D) They must have at least three years' experience evaluating this type of asset
3. An Authority resolution was passed by the Chairman alone. Why was this possible?
A) The Chairman holds a casting vote which can be used whenever considered appropriate
B) Board members abstained due to a conflict of interest
C) It was an exceptional case where a quick decision needed to be taken, and it was impossible to hold a meeting of the Board
D) It was impossible to hold a meeting with all Board members present
4. What additional provision is made by the market in relation to trading in shares of public joint-stock companies that are in the second category of listing?
A) Deals are subject to an additional transaction levy
B) They will appear on a separate dedicated screen
C) Deals can take place only on specified dates
D) They can be bought and sold only by qualified investors
5. A commodities market has failed to pay amounts due to the Authority for three months; however, its operations have not been suspended. Why is this?
A) The notice to rectify had not yet expired
B) The Chairman sits on the boards of both organisations
C) The organisation pays fees annually
D) The matter was brought before the Authority's Board to decide on another course of action
Solutions:
Question # 1 Answer: B | Question # 2 Answer: D | Question # 3 Answer: C | Question # 4 Answer: B | Question # 5 Answer: D |