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  • Exam Code: UAE-Financial-Rules-and-Regulations
  • Exam Name: CISI UAE Financial Rules and Regulations Exam
  • Updated: Aug 21, 2026
  • Q & A: 102 Questions and Answers
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  • Exam Code: UAE-Financial-Rules-and-Regulations
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CISI UAE-Financial-Rules-and-Regulations Exam Syllabus Topics:

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

                                  CISI UAE Financial Rules and Regulations Sample Questions:

                                  1. The statement in a suitability report giving reasons for the recommendation must also indicate:

                                  A) whether or not the client has accepted this guidance
                                  B) the client's ability to bear any risks and losses
                                  C) why the next best product or service was disregarded
                                  D) the extent to which the author is qualified to make this judgement


                                  2. The effectiveness of a financial institution's internal policies, controls and procedures to combat money laundering must be tested by:

                                  A) external consultants
                                  B) an independent audit function
                                  C) the audit committee
                                  D) regular operational resilience exercises


                                  3. The Authority will only grant a licence to operate a crypto fundraising platform in the UAE if the applicant is a legal person in the form of:

                                  A) an exchange licensed by the Authority in the UAE
                                  B) a company incorporated under Shariah law
                                  C) an exchange licensed by a market in the UAE
                                  D) a sophisticated trader or a qualified investor


                                  4. In cases where securities are bought and sold during the same trading session, the client must have in its cash account enough:

                                  A) credit to cover the value of sale
                                  B) credit to cover the value of purchase
                                  C) securities to the value of purchase
                                  D) credit to cover the value of any losses


                                  5. If a listed company faces accumulated losses of 50% or more of capital, what is required to happen?

                                  A) Its shares are suspended for at least six months
                                  B) It is required to be audited more frequently
                                  C) It is moved from a first category listing to a second category of listing
                                  D) It is moved from a second category listing to a first category of listing


                                  Solutions:

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

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