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

SectionWeightObjectives
Topic 1: The Regulatory Infrastructure10%- Roles and powers of regulators
- Legislative framework and regulatory objectives
- Regulatory bodies: SCA, CBUAE, DFSA, FSRA
Topic 2: Trading20%- Trading rules and mechanisms
- Market integrity and surveillance
- Reporting and compliance requirements
Topic 3: Market Conduct Legislation and Regulation28%- Financial crime, AML and CFT regulations
- Insider dealing and market abuse
- Disclosure and transparency obligations
Topic 4: Client Protection20%- Communications, reporting and complaints handling
- Client identification and classification
- Client assets and money protection
Topic 5: Associated Market and Securities Legislation and Practice6%- Securities laws and regulations
- Legal obligations of market participants
- Market operation rules
Topic 6: Authorised Persons6%- Conduct of business rules
- Licensing and authorization requirements
- Obligations of authorized firms and individuals
Topic 7: Markets10%- Trading and settlement rules
- UAE exchanges: DFM, ADX, NASDAQ Dubai
- Listing and admission requirements

CISI UAE Financial Rules and Regulations Sample Questions:

1. The contract size for an MSCI India Index Futures (INR) contract is:

A) 5 index points x price
B) 50 index points x price
C) 20 index points x price
D) 25 index points x price


2. Why might employees in one part of a regulated business be permitted to withhold information from employees in another part of the business?

A) Strict privacy of client information
B) To comply with a Chinese wall
C) Prevention of insider trading
D) At the request of the audit function


3. If an issuer provides its shareholders with bonus shares, then the CSD Department will deposit the bonus shares issued in the account and will register them as a whole, round number. What happens in the case that there are fractions of shares?

A) The issuing company must sell them within 45 days
B) The issuing company must sell them within 30 days
C) They are totalled up and put in a suspense account
D) These are also added to the shareholder's account


4. On the Dubai Gold & Commodities Exchange, how many delivery months are available for trading in Dubai India Quanto Crude Oil futures?

A) 12
B) 18
C) 2
D) 6


5. Why would the Authority board resolve temporarily to halt trading in the shares of any company?

A) A threat to the proper and regular working of that market arises
B) A written complaint is made relating to a market activity
C) It does not have the technical equipment necessary to conduct its activity electronically
D) It transpires that the spouse of a board member is a director of that entity


Solutions:

Question # 1
Answer: B
Question # 2
Answer: B
Question # 3
Answer: C
Question # 4
Answer: A
Question # 5
Answer: A

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