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  • Total Questions: 102
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CISI UAE Financial Rules and Regulations Sample Questions:

1. When a company applies to become a Special Purpose Acquisition Company, its sponsors must prepare proposals to:

A) reduce the risk to investors
B) identify potential money laundering
C) deal with succession planning
D) manage conflicts of interest


2. An in-kind shares evaluation report must be based on data covering what maximum period before the evaluation date?

A) Three months
B) One month
C) Two months
D) Four months


3. If an error in the final cash settlement price of an equity index comes to the attention of the Exchange more than 30 minutes after the publication of the final cash settlement price, what happens?

A) No correction will be made
B) The provider will correct it
C) It will be re-determined
D) Liability is apportioned


4. Firms providing investment management services must provide periodic statements to retail clients, in normal circumstances at least every:

A) 3 months
B) 6 months
C) 12 months
D) month


5. Where a private equity fund is to be incorporated, the incorporation agreement must include a statement indicating:

A) whether the investment management will be outsourced
B) who will be appointed auditor for the fund
C) whether the limited partners can influence investment management
D) who bears main responsibility for regulatory compliance


Solutions:

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

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