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CISI UAE-Financial-Rules-and-Regulations Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Trading | 20% | - Reporting and compliance requirements - Market integrity and surveillance - Trading rules and mechanisms |
| The Regulatory Infrastructure | 10% | - Roles and powers of regulators - Regulatory bodies: SCA, CBUAE, DFSA, FSRA - Legislative framework and regulatory objectives |
| Client Protection | 20% | - Communications, reporting and complaints handling - Client identification and classification - Client assets and money protection |
| Authorised Persons | 6% | - Conduct of business rules - Licensing and authorization requirements - Obligations of authorized firms and individuals |
| Market Conduct Legislation and Regulation | 28% | - Financial crime, AML and CFT regulations - Insider dealing and market abuse - Disclosure and transparency obligations |
| Markets | 10% | - Trading and settlement rules - Listing and admission requirements - UAE exchanges: DFM, ADX, NASDAQ Dubai |
| Associated Market and Securities Legislation and Practice | 6% | - Legal obligations of market participants - Securities laws and regulations - Market operation rules |
CISI UAE Financial Rules and Regulations Sample Questions:
1. Why would a transaction to purchase securities be declared null and void?
A) The investor has a conviction of an offence of dishonour
B) It was the result of a rumour being spread
C) The individual is a former employee
D) The Authority has levied a penalty for delay of payment
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 on full-time or substantial part-time contracts
C) are new to the company or the industry
D) are employed to deal with clients or on their behalf
3. What does the Authority usually do before deciding to delist a company's shares?
A) Consult with the relevant firm
B) Issue an improvement notice of 30 days
C) Issue a fine for payment within 30 days
D) Consult with the relevant market
4. 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) Medium-term bonds and commercial papers only
B) Commercial papers and deposit certificates only
C) Medium-term bonds, commercial papers and deposit certificates
D) Deposit certificates and medium-term bonds only
5. The contract size for an MSCI India Index Futures (INR) contract is:
A) 25 index points x price
B) 20 index points x price
C) 50 index points x price
D) 5 index points x price
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: D | Question # 3 Answer: B | Question # 4 Answer: B | Question # 5 Answer: C |




