Free CISI UAE-Financial-Rules-and-Regulations Exam Questions

Become CISI Certified with updated UAE-Financial-Rules-and-Regulations exam questions and correct answers

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Total 100 Questions | Updated On: Jun 16, 2026

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Question 1

Following a public subscription, what must a Special Purpose Acquisition Company do with the proceeds?

A : Deposit not less than 90% of the public subscription proceeds within one business day of receipt

B : Deposit not less than 90% of the public subscription proceeds within two business days of receipt

C : Deposit not less than 100% of the public subscription proceeds within one business day of receipt

D : Deposit not less than 100% of the public subscription proceeds within two business days of receipt

Answer: C

Question 2

When establishing a local investment fund, how much are the founders required to subscribe?

A : At least 1 million dirhams

B : At least 5 million dirhams

C : At least 10 million dirhams

D : At least 20 million dirhams

Answer: C

Question 3

Following a public subscription, what must a Special Purpose Acquisition Company do with the proceeds?

A : Deposit not less than 90% of the public subscription proceeds within one business day of receipt

B : Deposit not less than 90% of the public subscription proceeds within two business days of receipt

C : Deposit not less than 100% of the public subscription proceeds within one business day of receipt

D : Deposit not less than 100% of the public subscription proceeds within two business days of receipt

Answer: C

Question 4

A brokerage firm’s records include client agreements, selling orders and accounts. Under the Professional Code of Conduct, which of these does the DFM have the right to access and review?

A : Client agreements and selling orders only

B : Selling orders and accounts only

C : Accounts and client agreements only

D : Client agreements, selling orders and accounts

Answer: D

Question 5

A brokerage firm’s records include client agreements, selling orders and accounts. Under the Professional Code of Conduct, which of these does the DFM have the right to access and review?

A : Client agreements and selling orders only

B : Selling orders and accounts only

C : Accounts and client agreements only

D : Client agreements, selling orders and accounts

Answer: D

Page: 1 / 20

Total 100 Questions | Updated On: Jun 16, 2026

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