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| Section | Weight | Objectives |
|---|---|---|
| Anti-Money Laundering and Combating the Financing of Terrorism and Illegal Organisations | 14% | - Federal Law No. 20 of 2018 |
| Dubai Financial Market (DFM) | 11% | |
| Client Protection | 10% | |
| Investment Funds | 11% | - Provisions specific to certain public funds - The local fund |
| Markets | 11% | - Disclosure and Transparency - General background |
| Trading | 11% | |
| The Regulatory Infrastructure | 17% | - SCA Resolutions - Securities & Commodities Authority (SCA) - License categories and requirements (Decision No. 13/Chairman issued 2021) - Corporate Governance (Law No. 3 issued Jan 2020) - Codes of Conduct - Federal Law No. 4 of 2000 - Accounting system controls (Decision No. 13/Chairman issued 2021) |
| Licensed Bodies | 14% | - General provisions - Licensing financial activities - Requirements of capital market institutions |
Where a brokerage firm on the DFM has a client with a debit balance, the regulations prevent the firm from:
Correct Answer: A 🗳️
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If a financial institution suspects that a transaction involves proceeds of crime, what must it do?
Correct Answer: D 🗳️
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The conciliation process allows the Authority to impose what alternative to criminal prosecution?
Correct Answer: A 🗳️
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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?
Correct Answer: D 🗳️
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When debt securities are offered through a public subscription, the offeror will be required to announce any replacement of the trustee:
Correct Answer: D 🗳️
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CISI UAE Financial Rules and Regulations Exam
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