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

  • Exam Code: UAE-Financial-Rules-and-Regulations
  • Exam Name: CISI UAE Financial Rules and Regulations Exam
  • Updated: Jul 10, 2026
  • Q & A: 102 Questions and Answers

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CISI UAE Financial Rules and Regulations Sample Questions:

1. Which of the following financial activities comes under the fifth category licence?

A) Arrangement and advice
B) Dealing in securities
C) Credit rating agencies
D) Dealing in investments


2. Which of the following is an administrative penalty that can be imposed on financial institutions that violate the law and regulations in relation to money laundering and terrorism financing?

A) A penalty of no less than AED 15,000 and no more than AED 5,000,000 for each violation
B) A penalty of no less than AED 50,000 and no more than AED 5,000,000 for each violation
C) A penalty of no less than AED 5,000 and no more than AED 1,000,000 for each violation
D) A penalty of no less than AED 100,000 and no more than AED 10,000,000 for each violation


3. Why would a transaction to purchase securities be declared null and void?

A) The individual is a former employee
B) The Authority has levied a penalty for delay of payment
C) The investor has a conviction of an offence of dishonour
D) It was the result of a rumour being spread


4. What is the maximum term of imprisonment that can be imposed on a person who attempts to commit the crime of money laundering?

A) Five years
B) Ten years
C) Three years
D) Seven years


5. An error was made by a broker which led to a trade being conducted using the wrong trading account number.
If the trader submitted a request to have the number amended 40 minutes after the end of the trading session, the amendment would only be made if:

A) the correction is within a 5% error margin
B) an impact assessment gives acceptable results
C) the circumstances are considered to be exceptional
D) an alteration fee is paid at the same time


Solutions:

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

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