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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Anti-Money Laundering and Combating the Financing of Terrorism and Illegal Organisations | 14% | - Federal Law No. 20 of 2018 |
| Topic 2: Markets | 11% | - General background - Disclosure and Transparency |
| Topic 3: Trading | 11% | |
| Topic 4: Dubai Financial Market (DFM) | 11% | |
| Topic 5: The Regulatory Infrastructure | 17% | - License categories and requirements (Decision No. 13/Chairman issued 2021) - SCA Resolutions - Securities & Commodities Authority (SCA) - Federal Law No. 4 of 2000 - Codes of Conduct - Accounting system controls (Decision No. 13/Chairman issued 2021) - Corporate Governance (Law No. 3 issued Jan 2020) |
| Topic 6: Client Protection | 10% | |
| Topic 7: Licensed Bodies | 14% | - Requirements of capital market institutions - General provisions - Licensing financial activities |
| Topic 8: Investment Funds | 11% | - Provisions specific to certain public funds - The local fund |
1. Firms providing investment management services must provide periodic statements to retail clients, in normal circumstances at least every:
A) 3 months
B) month
C) 6 months
D) 12 months
2. The watch list, which is monitored by an Authority-established committee, consists of which group of companies?
A) Companies in the second category
B) Companies in the first category
C) All public companies which have declared losses in the last 12 months
D) All private companies which have declared losses in the last 12 months
3. An in-kind shares evaluation report must be based on data covering what maximum period before the evaluation date?
A) Two months
B) Four months
C) One month
D) Three months
4. If the listing of a debt security is suspended for more than six months, what action is the Authority entitled to take?
A) Place the listing on an at-risk register
B) Demand an immediate recovery plan from the issuer
C) Cancel the listing
D) Levy a fine against the issuer
5. The regulations regarding Key Investor Information Documents for self-managed funds will be breached if the document includes:
A) Disposal information
B) Reference to any guarantees
C) Reference to any evaluation
D) Complaints information
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: C | Question # 3 Answer: D | Question # 4 Answer: C | Question # 5 Answer: B |
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