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CISI UAE Financial Rules and Regulations Sample Questions:
1. The conciliation process allows the Authority to impose what alternative to criminal prosecution?
A) Referral to the Central Bank
B) Payment of a prescribed amount of money
C) Suspension of activities for a specified period
D) Negotiated out-of-court settlement
2. If an issuer provides its shareholders with bonus shares, then the CSD Department will deposit the bonus shares issued in the account and will register them as a whole, round number. What happens in the case that there are fractions of shares?
A) These are also added to the shareholder's account
B) The issuing company must sell them within 45 days
C) They are totalled up and put in a suspense account
D) The issuing company must sell them within 30 days
3. The whistleblowing policy submitted by an applicant for a financial activities licence must include a mechanism for:
A) ensuring all staff have a named reporting contact
B) protecting the reporting employee
C) escalating any reports to board level
D) disciplining staff proven to have breached rules
4. What proportion of the market value of securities owned by a brokerage company are used to increase the value of its guarantee?
A) 70%
B) 80%
C) 60%
D) 50%
5. What is the maximum term of imprisonment that can be imposed on a person who attempts to commit the crime of money laundering?
A) Ten years
B) Three years
C) Seven years
D) Five years
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: C | Question # 3 Answer: B | Question # 4 Answer: A | Question # 5 Answer: D |






