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Free CISI UAE Financial Rules and Regulations Exam Practice Questions

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Exam style questions across every UAE-Financial-Rules-and-Regulations domain

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Total Questions : 186

Start with our free UAE-Financial-Rules-and-Regulations practice questions, carefully crafted to mirror the domains, phrasing, and difficulty of the real Investment Operations Certificate (IOC) exam. Each UAE-Financial-Rules-and-Regulations exam question comes with a detailed rationale that explains not just which answer is correct but why the others fall short. That's how concepts stick. Use the free set to benchmark yourself: identify your CISI weak domains, see where you're losing marks, and build a focused study plan in minutes.

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Question # 11

The main purpose of the committee established by the Authority to monitor companies on the watch list is to ensure that they:

Options:

A.  

Publish regular updates on their accumulated losses

B.  

Follow all money laundering and terrorist financing laws

C.  

Comply with the disclosure and listing requirements

D.  

Treat all shareholders on a fair and equitable basis

Discussion 0
Question # 12

The DFM’s Professional Code of Conduct requires brokerage firms to take reasonable steps to determine the identity of their clients. For natural persons, this should include:

Options:

A.  

full name of portfolio manager

B.  

profession, exact address, PO Box and phone number

C.  

commercial register number and commercial licence

D.  

nature of the entity, its legal form, type and capital

Discussion 0
Question # 13

An obligor with a retail primary listing of Sukuk immediately notified the Authority when one of its board directors was replaced. Why was the obligor considered to be in breach of its continuing obligations?

Options:

A.  

The obligor failed to give 14 days' notice

B.  

The obligor failed to also notify the market

C.  

The new director held a foreign passport

D.  

The new director had less than 5 years' experience

Discussion 0
Question # 14

The contract size for trading in Silver Futures on the Dubai Gold & Commodities Exchange is 1,000 troy ounces of refined silver, plus or minus what prescribed margin?

Options:

A.  

1%

B.  

2%

C.  

5%

D.  

10%

Discussion 0
Question # 15

What is the minimum fine that can be levied on a person found guilty of financing an illegal organisation?

Options:

A.  

AED 150,000

B.  

AED 200,000

C.  

AED 250,000

D.  

AED 300,000

Discussion 0
Question # 16

If there is a material change in the nature of the relevant software, the regulations state that investors who have accepted an offer of crypto assets must be notified:

Options:

A.  

promptly in advance

B.  

immediately after implementation

C.  

within no less than 7 days

D.  

within no less than 14 days

Discussion 0
Question # 17

For all local funds, a semi-annual report on the public fund’s performance must be prepared no later than:

Options:

A.  

45 days from the end of the semi-annual period

B.  

30 days from the end of the financial year

C.  

2 months from the end of the semi-annual period

D.  

2 months from the end of the financial year

Discussion 0
Question # 18

In a ranking and advice firm, which approved job role would undertake the activities of a listing consultant?

Options:

A.  

Trading and Clearing Broker

B.  

Broker Representative

C.  

Compliance Officer

D.  

Financial Analyst

Discussion 0
Question # 19

A public joint-stock company is automatically prevented by the regulations from executing a buyback transaction if it:

Options:

A.  

is formally classed as an insurance company

B.  

has been designated a company of State importance

C.  

issued shares in a public offer in the last six months

D.  

was incorporated in the last three years

Discussion 0
Question # 20

A real estate investment fund may borrow no more than what percentage of its total assets value?

Options:

A.  

10%

B.  

25%

C.  

50%

D.  

75%

Discussion 0

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