- Exam Code: UAE-Financial-Rules-and-Regulations
- Exam Name: CISI UAE Financial Rules and Regulations Exam
- Updated: Aug 26, 2026
- Q & A: 188 Questions and Answers
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| Section | Weight | Objectives |
|---|---|---|
| Licensed Bodies | 14% | - Licensing financial activities - General provisions - Requirements of capital market institutions |
| Anti-Money Laundering and Combating the Financing of Terrorism and Illegal Organisations | 14% | - Federal Law No. 20 of 2018 |
| Client Protection | 10% | |
| Dubai Financial Market (DFM) | 11% | |
| The Regulatory Infrastructure | 17% | - Federal Law No. 4 of 2000 - Corporate Governance (Law No. 3 issued Jan 2020) - SCA Resolutions - Securities & Commodities Authority (SCA) - License categories and requirements (Decision No. 13/Chairman issued 2021) - Codes of Conduct - Accounting system controls (Decision No. 13/Chairman issued 2021) |
| Markets | 11% | - General background - Disclosure and Transparency |
| Investment Funds | 11% | - The local fund - Provisions specific to certain public funds |
| Trading | 11% |
1. What proportion of the market value of securities owned by a brokerage company are used to increase the value of its guarantee?
A) 70%
B) 80%
C) 50%
D) 60%
2. 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) Medium-term bonds and commercial papers only
C) Deposit certificates and medium-term bonds only
D) Medium-term bonds, commercial papers and deposit certificates
3. Under what circumstances, if any, may financial analysts commit to providing favourable research coverage to issuers of securities?
A) Only if the issuer belongs to the same parent group as the analyst's company
B) Only if the analyst signs a non-disclosure agreement with the issuer
C) Only if the research is provided free or for a nominal charge
D) Not under any circumstances
4. A joint-stock company applying for a licence to conduct clearing activities in a commodity market recently appointed a new chairman and a new CEO. Why did this lead to the application being refused?
A) Only the chairman held a tranche of the company's shares
B) They were supported by just three other board members
C) Only the CEO's compensation had been approved by the Authority
D) They had been employed by the company during the previous year
5. Where the fund prospectus for an investment fund discloses the provision of in-kind shares, it must also state the:
A) Specific legislation under which this is permitted
B) Possibility of subsequent fluctuations in their value
C) Alternative assets that were considered
D) Reason why an evaluation report was not required
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: A | Question # 3 Answer: D | Question # 4 Answer: D | Question # 5 Answer: B |
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