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CISI UAE-Financial-Rules-and-Regulations Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Markets | 10% | - Listing and admission requirements - Trading and settlement rules - UAE exchanges: DFM, ADX, NASDAQ Dubai |
| Topic 2: Associated Market and Securities Legislation and Practice | 6% | - Legal obligations of market participants - Securities laws and regulations - Market operation rules |
| Topic 3: The Regulatory Infrastructure | 10% | - Roles and powers of regulators - Regulatory bodies: SCA, CBUAE, DFSA, FSRA - Legislative framework and regulatory objectives |
| Topic 4: Market Conduct Legislation and Regulation | 28% | - Insider dealing and market abuse - Financial crime, AML and CFT regulations - Disclosure and transparency obligations |
| Topic 5: Client Protection | 20% | - Client identification and classification - Client assets and money protection - Communications, reporting and complaints handling |
| Topic 6: Trading | 20% | - Reporting and compliance requirements - Trading rules and mechanisms - Market integrity and surveillance |
| Topic 7: Authorised Persons | 6% | - Licensing and authorization requirements - Conduct of business rules - Obligations of authorized firms and individuals |
CISI UAE Financial Rules and Regulations Sample Questions:
1. For all local funds, a semi-annual report on the public fund's performance must be prepared no later than:
A) 2 months from the end of the financial year
B) 2 months from the end of the semi-annual period
C) 45 days from the end of the semi-annual period
D) 30 days from the end of the financial year
2. DFM brokerage firms are required to ensure that employees have appropriate professional experience if they:
A) are employed to operate an electronic trading or clearing system
B) are employed to deal with clients or on their behalf
C) are on full-time or substantial part-time contracts
D) are new to the company or the industry
3. A fund manager is considering investing in medium-term bonds, commercial papers, and deposit certificates.
Under the regulations, which of these can be held under a cash investment fund?
A) Commercial papers and deposit certificates only
B) Deposit certificates and medium-term bonds only
C) Medium-term bonds, commercial papers and deposit certificates
D) Medium-term bonds and commercial papers only
4. Unless otherwise agreed, a broker must submit to the client a statement of account that outlines the client's balance of securities and cash, and all transactions executed every:
A) month
B) 12 months
C) 6 months
D) 3 months
5. An obligor with a retail primary listing of Sukuk immediately notified the Authority when one of its board directors was replaced. Why was the obligor considered to be in breach of its continuing obligations?
A) The new director had less than 5 years' experience
B) The new director held a foreign passport
C) The obligor failed to also notify the market
D) The obligor failed to give 14 days' notice
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: B | Question # 3 Answer: A | Question # 4 Answer: A | Question # 5 Answer: C |




