P.S. Free & New UAE-Financial-Rules-and-Regulations dumps are available on Google Drive shared by TestKingFree: https://drive.google.com/open?id=1Her6sF5EzvI7_wHQOUgKgTNmlC_F-RiW
Our TestKingFree website has a long history of providing UAE-Financial-Rules-and-Regulations test training materials. With many years'hard work, our passing rate of TestKingFree's UAE-Financial-Rules-and-Regulations exam has achieved 100%. In order to make sure that the accuracy of UAE-Financial-Rules-and-Regulations test of TestKingFree, our UAE-Financial-Rules-and-Regulations test training materials are continuing update. If you purchase our UAE-Financial-Rules-and-Regulations exam dumps, we will offer one year-free update service.
| Section | Objectives |
|---|---|
| Topic 1: UAE Financial Regulatory Framework | - Federal financial regulation structure
|
| Topic 2: Financial Conduct and Compliance | - Conduct of business standards
|
| Topic 3: Regulatory Ethics and Professional Standards | - Regulatory accountability
|
| Topic 4: Anti-Money Laundering and Financial Crime | - AML/CFT requirements in the UAE
|
>> UAE-Financial-Rules-and-Regulations Technical Training <<
It is never too late to learn. You still have the chance to obtain the UAE-Financial-Rules-and-Regulations certificate as long as you want. What is more, many people have harvest happiness and success after passing the UAE-Financial-Rules-and-Regulations exam. Then you are available for various high salary jobs. You also can become lucky as long as you never give up hopes. Let us make it together. We will be your best friend on your way to get the UAE-Financial-Rules-and-Regulations Certification with our excellent learning braindumps.
NEW QUESTION # 92
The minimum paid-up capital requirement for credit rating agencies is:
Answer: B
Explanation:
Under the licensing framework covered by the CISI UAE Financial Rules and Regulations, credit rating agencies fall within the fourth licence category . The minimum paid-up capital requirement for this category is AED 5 million . This is considerably lower than the capital requirements applying to several other categories because the prudential risks associated with credit-rating activity differ from those created by securities dealing, investment management, custody or clearing. The CISI material's licence-category summary specifies AED 30 million for dealing in securities, AED 50 million for dealing in investment, AED
50 million for custody, clearing and recording, AED 5 million for credit rating agencies, and no minimum capital requirement for the fifth category of arrangement and advice in the version covered by the study material. Consequently, AED 10 million, AED 30 million and AED 50 million do not represent the capital requirement applicable specifically to credit rating agencies. The CISI multiple-choice answer section independently confirms AED 5 million for Category 4. Therefore, option A is correct.
NEW QUESTION # 93
Within what maximum period following approval of the listing of a security must the Depository Centre install a terminal device giving the listing entity access to the register?
Answer: B
Explanation:
The CISI UAE Financial Rules and Regulations sets out specific operational responsibilities for the Depository Centre following approval of a security's listing. Within one week from approval of the listing, the Depository Centre must install a terminal device for the registrar of the listed entity. The terminal enables the registrar to access the register, make necessary inquiries and perform required updates. Related rules also require the issuer, within one week of listing approval, to provide the Depository Centre with an up-to-date copy of its shareholder register and subsequently update it whenever necessary. These arrangements ensure that ownership information maintained by the Depository Centre remains accurate and current. This is particularly important because Depository Centre records provide legal evidence of securities ownership and support rights such as voting, dividends and bonus-share entitlements. The prescribed period is therefore one week, not three days, 15 days or three weeks. Accordingly, the maximum period specified in the CISI material for installation of the terminal device is one week, making option B correct.
NEW QUESTION # 94
What action will the CSD Department take shortly after uploading a shareholders' register onto the ADX's electronic systems?
Answer: D
Explanation:
The Clearing, Settlement and Depository Department (CSD Department) at the Abu Dhabi Securities Exchange maintains electronic records relating to ownership and transfer of listed securities. An issuer wishing to list its securities must provide the ADX with its shareholders' register, including shareholder details, balances and relevant ownership restrictions. The issuer remains responsible for ensuring that the information supplied is complete, valid and accurate. After the shareholders' register has been uploaded onto the ADX's electronic systems, the CISI UAE Financial Rules and Regulations specifically states that the CSD Department sends a copy of the electronic register to the issuer for reconciliation purposes .
Reconciliation enables the issuer to compare the electronic CSD record with its own information and identify inconsistencies before they affect ownership records or corporate actions. The procedure does not require issuing registration slips to every shareholder, notifying the Authority simply that uploading has occurred, or immediately storing an off-site disaster-recovery copy as the next prescribed step. Therefore, option C is correct.
NEW QUESTION # 95
The summary of an in-kind shares evaluation report must state the:
Answer: D
Explanation:
The CISI UAE Financial Rules and Regulations specifies mandatory information that must appear in the summary of an in-kind shares evaluation report. The summary must disclose the fair value of the evaluated asset , together with confirmation concerning whether obligations, debts, mortgages, rights or other guarantees are charged over that asset in favour of third parties. It must also identify the valuation methodologies used by the evaluator to determine fair value in accordance with professionally recognised principles appropriate to the asset concerned. Fair value is central because the valuation determines the economic value attributed to the in-kind contribution and consequently affects the number and value of investment-fund units issued in exchange for that contribution. The book value may differ materially from current economic value and is therefore not the specified disclosure tested here. Although information concerning the evaluator and its independence is relevant elsewhere in the regulatory framework, neither the evaluator's qualifications nor the name of the evaluator's company substitutes for the mandatory fair-value disclosure. Accordingly, option B is correct.
NEW QUESTION # 96
The Authority suspects a person offering crypto assets of violating regulations and wants to examine the firm's computer systems, computer equipment and data traffic. Which of these does it have the power to access and inspect?
Answer: B
Explanation:
The Authority possesses extensive inspection and supervisory powers in relation to persons involved in regulated crypto-asset offerings and related licensed activities. Under the relevant SCA regulation, the Authority may conduct periodic or unannounced supervision, control and inspection to determine whether offering persons, responsible parties and licensed persons comply with the applicable regulatory framework.
These powers expressly extend to inspecting or accessing computer systems, computer data, computer data traffic and equipment where relevant information is stored. The provision enables the Authority to investigate suspected violations using the complete technological environment in which regulated crypto-asset activities are conducted. Limiting inspection to only systems and equipment, equipment and traffic, or systems and traffic would exclude categories specifically included within the Authority's regulatory powers.
The breadth of the provision is especially important for crypto-asset activities because transactions, records, communications and operational controls may exist primarily in electronic form. Consequently, all three items identified in the question-systems, equipment and data traffic-fall within the Authority's inspection powers. Therefore, option D is correct.
NEW QUESTION # 97
......
These practice exams are solely designed to help you achieve UAE-Financial-Rules-and-Regulations certification on the first attempt. The mock exam simulator helps you get through every topic inside out and you get overall better grades. This is because you have hands-on the most updated and most reliable CISI UAE-Financial-Rules-and-Regulations Questions created under the supervision of 90,000 CISI professionals.
Actual UAE-Financial-Rules-and-Regulations Test Answers: https://www.testkingfree.com/CISI/UAE-Financial-Rules-and-Regulations-practice-exam-dumps.html
BTW, DOWNLOAD part of TestKingFree UAE-Financial-Rules-and-Regulations dumps from Cloud Storage: https://drive.google.com/open?id=1Her6sF5EzvI7_wHQOUgKgTNmlC_F-RiW