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

SectionObjectives
Topic 1: Anti-Money Laundering and Financial Crime- Financial crime prevention
  • 1. Sanctions compliance obligations
    • 2. Fraud prevention controls
      - AML/CFT requirements in the UAE
      • 1. Suspicious transaction reporting
        • 2. Customer due diligence (CDD) and KYC
          Topic 2: 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
                  Topic 3: UAE Financial Regulatory Framework- Securities and investment regulation
                  • 1. Regulation of securities markets in the UAE
                    • 2. Market conduct and compliance requirements
                      - Federal financial regulation structure
                      • 1. Overview of UAE financial governance bodies
                        • 2. Roles of central financial authorities
                          Topic 4: Regulatory Ethics and Professional Standards- Regulatory accountability
                          • 1. Regulatory reporting obligations
                            • 2. Responsibilities of financial professionals
                              - Ethical standards in financial services
                              • 1. Conflicts of interest management
                                • 2. Professional integrity expectations

                                  CISI UAE Financial Rules and Regulations Sample Questions:

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

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


                                  2. When promoting private funds, related materials must:

                                  A) receive prior approval of the content from the Authority
                                  B) advise that the funds cannot be transferred to a third party
                                  C) refrain from using public advertisement media of certain types, including audio and video, with the exception of read media
                                  D) clarify the private fund's specific nature and include the required disclaimer laid down by the Authority


                                  3. In which circumstances might lawyers, notary publics, other legal stakeholders and independent legal auditors be exempt from suspicious transaction reporting requirements?

                                  A) When providing legal opinion with regards to legal proceedings
                                  B) When providing services relating to beneficiaries of insurance policies
                                  C) When conducting real estate transactions within the UAE
                                  D) When advising on financial transactions for politically exposed persons


                                  4. When collecting data from official authorities, evaluators of investment fund in-kind shares are required to abide by the principles of honesty, justice and:

                                  A) equality
                                  B) prudence
                                  C) governance
                                  D) confidentiality


                                  5. What proportion of the market value of securities owned by a brokerage company are used to increase the value of its guarantee?

                                  A) 60%
                                  B) 70%
                                  C) 80%
                                  D) 50%


                                  Solutions:

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

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