CISI UAE Financial Rules and Regulations Sample Questions:

1. 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?

A) 10%
B) 1%
C) 5%
D) 2%

2. When licence applicants submit behaviour regulations including a professional code of ethics, this falls under the category of:

A) technical system
B) employee regulation
C) governance regulation
D) administration regulation

3. Why would the Authority board resolve temporarily to halt trading in the shares of any company?

A) A threat to the proper and regular working of that market arises
B) It transpires that the spouse of a board member is a director of that entity
C) A written complaint is made relating to a market activity
D) It does not have the technical equipment necessary to conduct its activity electronically

4. Which of the following is one of the prescribed financial activities for which the Authority can issue a license?

A) Analysis
B) Promotion
C) Risk management
D) Corporate planning

5. The whistleblowing policy submitted by an applicant for a financial activities licence must include a mechanism for:

A) disciplining staff proven to have breached rules
B) escalating any reports to board level
C) protecting the reporting employee
D) ensuring all staff have a named reporting contact

Solutions: