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CISI UAE-Financial-Rules-and-Regulations Practice Test Questions Answers

Exam Code: UAE-Financial-Rules-and-Regulations (Updated 100 Q&As with Explanation)
Exam Name: CISI UAE Financial Rules and Regulations Exam
Last Update: 20-Aug-2025
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Questions Include:

  • Single Choice: 100 Q&A's

  • UAE-Financial-Rules-and-Regulations Overview

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    UAE-Financial-Rules-and-Regulations Questions and Answers

    Question # 1

    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 sophisticated trader or a qualified investor

    C.

    a company incorporated under Shariah law

    D.

    an exchange licensed by a market in the UAE

    Question # 2

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

    A.

    AED 100

    B.

    AED 200

    C.

    AED 300

    D.

    AED 500

    Question # 3

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

    A.

    it ensures that no clients suffer from perceived or actual misbehaviour at the hands of a firm which is regulated

    B.

    it enables those that might suffer from perceived or actual misbehaviour at the hands of a firm to raise their concerns with the regulator

    C.

    it forces firms to disclose their regulatory status and that they are subject to the Authority’s control and supervision

    D.

    it allows third party firms to use, utilise, or copy the Authority’s logo for any reason and this reassures clients

    Question # 4

    An applicant for a financial activities licence must have procedures in place to recover electronic records from the archive within what maximum period?

    A.

    Two calendar days

    B.

    Three business days

    C.

    Four calendar days

    D.

    Five business days

    Question # 5

    Where a brokerage firm on the DFM has a client with a debit balance, the regulations prevent the firm from:

    A.

    accepting new orders from the client

    B.

    providing investment advice to the client

    C.

    paying any cash to the client

    D.

    selling securities on the client’s behalf

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