CISI UAE-Financial-Rules-and-Regulations Actual Tests : CISI UAE Financial Rules and Regulations Exam

CISI UAE-Financial-Rules-and-Regulations Exam Syllabus Topics:

CISI UAE Financial Rules and Regulations Sample Questions:

1. The disclosure of a licensed body's legal status, including the fact that it is licensed by the Authority, is important because:

A) it forces firms to disclose their regulatory status and that they are subject to the Authority's control and supervision
B) it ensures that no clients suffer from perceived or actual misbehaviour at the hands of a firm which is regulated
C) it enables those that might suffer from perceived or actual misbehaviour at the hands of a firm to raise their concerns with the regulator
D) it allows third party firms to use, utilise, or copy the Authority's logo for any reason and this reassures clients

2. If a Special Purpose Acquisition Company fails to complete a business combination, measures to return the funds to investors must be taken within what maximum number of business days?

A) 20
B) 10
C) 25
D) 15

3. If the perpetrator of a money laundering crime is a repeat offender, what impact does this have on the minimum fine compared to a first offence?

A) It is quadrupled
B) It is increased by 50%
C) It is tripled
D) It is doubled

4. A firm offering custody, clearing and recording, is required to have a minimum paid-up capital of:

A) AED 30 million
B) AED 100 million
C) AED 50 million
D) AED 150 million

5. The Corporate Governance Guide automatically allows board members of public joint-stock companies to accept gifts up to what maximum stated value?

A) AED 200
B) AED 100
C) AED 500
D) AED 300

Solutions: