P.S. Free & New UAE-Financial-Rules-and-Regulations dumps are available on Google Drive shared by TestPassKing: https://drive.google.com/open?id=1lr4yTt4NuYtXBqDs6-Ff9yOB86e_84UB
Our UAE-Financial-Rules-and-Regulations exam materials are famous among candidates. Once they need to prepare an exam, our UAE-Financial-Rules-and-Regulations study materials are their first choice. As you know, it is troublesome to get the UAE-Financial-Rules-and-Regulationscertificate. Now, you are fortunate enough to come across our UAE-Financial-Rules-and-Regulations Exam Guide. We have free demos on the website for our customers to download if you still doubt our products, and you can check whether it is the right one for you before purchase as well.
| Section | Weight | Objectives |
|---|---|---|
| Anti-Money Laundering and Combating the Financing of Terrorism and Illegal Organisations | 14% | - Federal Law No. 20 of 2018 |
| Investment Funds | 11% | - Provisions specific to certain public funds - The local fund |
| Client Protection | 10% | |
| Dubai Financial Market (DFM) | 11% | |
| The Regulatory Infrastructure | 17% | - Codes of Conduct - Accounting system controls (Decision No. 13/Chairman issued 2021) - Corporate Governance (Law No. 3 issued Jan 2020) - Federal Law No. 4 of 2000 - SCA Resolutions - Securities & Commodities Authority (SCA) - License categories and requirements (Decision No. 13/Chairman issued 2021) |
| Markets | 11% | - Disclosure and Transparency - General background |
| Trading | 11% | |
| Licensed Bodies | 14% | - Licensing financial activities - Requirements of capital market institutions - General provisions |
>> Valid UAE-Financial-Rules-and-Regulations Exam Labs <<
As far as we know, in the advanced development of electronic technology, lifelong learning has become more accessible, which means everyone has opportunities to achieve their own value and life dream though some ways such as the UAE-Financial-Rules-and-Regulations certification. With over a decade’s endeavor, our UAE-Financial-Rules-and-Regulations practice materials successfully become the most reliable products in the industry. There is a great deal of advantages of our UAE-Financial-Rules-and-Regulations exam questions you can spare some time to get to know.
NEW QUESTION # 46
A good-till-cancelled order on the DFM will remain available for execution unless it is cancelled by:
Answer: C
Explanation:
On the Dubai Financial Market (DFM), a good-till-cancelled (GTC) order remains active and available for execution until explicitly cancelled by the investor who placed it. This means the investor maintains control over the order's lifespan, allowing it to persist through trading sessions unless they choose to withdraw it.
Brokers or clearing members do not have authority to unilaterally cancel GTC orders, ensuring investor autonomy. The market committee also does not intervene in the cancellation of individual orders under normal circumstances. This design supports investor flexibility and orderly market functioning.
Reference: CISI UAE Financial Rules and Regulations - Trading Rules and Order Management, Section
7.3.2 (2023).
NEW QUESTION # 47
When a firm applies to the Authority for a licence, an internal audit guide must be included setting out procedures which will ensure that:
Answer: A
Explanation:
Every licence applicant must provide a guide regulating its internal audit processes. The CISI UAE Financial Rules and Regulations explains that the purpose of the guide is to allow the firm to assess the appropriateness and effectiveness of its internal rules, procedures and bylaws. A central requirement is that the internal auditor must be capable of acting independently , without interference, and the internal-audit role must not be combined improperly with another function. The guide must also establish suitable access to records, information and senior governance bodies and contain procedures for reporting matters that may affect the licensed body's financial position. Independence is fundamental because an internal auditor who is controlled by the operational areas being reviewed cannot provide effective assurance over compliance and internal controls. The regulations do not prescribe quarterly audits as the answer to this requirement, nor do they state that the auditor must be externally nominated. Option B does not represent a recognised internal-audit requirement in the CISI framework. Therefore, the required procedure is one ensuring the internal auditor's independence, making option C correct.
NEW QUESTION # 48
If in-kind shares are provided when the fund is founded; if the subscription fails and there is no special agreement, who would bear the expenses?
Answer: A
Explanation:
According to CISI UAE Financial Rules and Regulations, when in-kind shares are provided at fund inception and the subscription fails, the founders bear the related expenses in the absence of any special agreement. This allocation reflects the founders' responsibility in establishing and capitalizing the fund and absorbing initial setup costs, including those related to failed subscriptions. Share providers, auditors, or evaluators are not typically liable for such expenses unless contractual terms explicitly assign such responsibility. This regulatory stance encourages clarity and accountability in fund founding arrangements.
Reference: CISI UAE Financial Rules and Regulations - Investment Funds Incorporation and Expense Allocation, Section 6.2.11 (2023).
NEW QUESTION # 49
The founders of a local investment fund must not dispose of the investment units owned by them for a period of at least:
Answer: D
Explanation:
The investment-fund regulations impose specific commitment requirements on the founders of a self-managed local fund. Among these requirements, the founders must subscribe an amount of at least AED 5 million into the fund and must not dispose of the investment units owned by them for at least six months from the date of foundation . The lock-in period demonstrates that the founders retain a meaningful financial interest during the fund's initial operating period instead of establishing the fund and immediately disposing of their holdings. This helps align the founders' interests with those of other investors and supports stability during the early stages of the fund. The rule is distinct from other 12-month periods appearing elsewhere in the investment-fund framework, such as the period within which a newly licensed local fund must begin implementing its investment policy. Accordingly, applying a 9-, 12- or 18-month lock-in would incorrectly combine separate regulatory requirements. The explicit founders' disposal restriction is six months from foundation. Therefore, option A is correct.
NEW QUESTION # 50
A licensed body submitted a requested document to the Authority and a short time later noticed that it was incomplete. How soon must it notify the Authority of this issue?
Answer: C
Explanation:
Licensed bodies are subject to continuing obligations regarding information and documentation supplied to the Securities and Commodities Authority and other capital-market institutions. The CISI material requires a licensed body to notify the relevant entity immediately after discovering that information or documents previously submitted are incorrect, misleading, incomplete, inaccurate, outdated or have subsequently changed. The licensed body should identify the affected information or documents and explain the reason for the deficiency or change. This requirement protects the integrity of regulatory supervision because the Authority makes licensing, compliance and enforcement decisions using information submitted by regulated entities. Allowing inaccurate or incomplete material to remain uncorrected could undermine that supervisory process. The obligation is deliberately framed as an immediate notification requirement rather than allowing a fixed 48-hour, 72-hour or end-of-week correction period. The licensed body must also retain sufficient evidence showing that requested information and documents were properly delivered or submitted.
Consequently, once the firm discovers that the requested document was incomplete, it must notify the Authority immediately. Therefore, option A is correct.
NEW QUESTION # 51
......
TestPassKing is a wonderful study platform that can transform your effective diligence in to your best rewards. By years of diligent work, our experts have collected the frequent-tested knowledge into our UAE-Financial-Rules-and-Regulations exam materials for your reference. So our UAE-Financial-Rules-and-Regulations Practice Questions are triumph of their endeavor. I can say that no one can know the UAE-Financial-Rules-and-Regulations study guide better than them and our quality of the UAE-Financial-Rules-and-Regulations learning quiz is the best.
UAE-Financial-Rules-and-Regulations Latest Test Labs: https://www.testpassking.com/UAE-Financial-Rules-and-Regulations-exam-testking-pass.html
DOWNLOAD the newest TestPassKing UAE-Financial-Rules-and-Regulations PDF dumps from Cloud Storage for free: https://drive.google.com/open?id=1lr4yTt4NuYtXBqDs6-Ff9yOB86e_84UB