Free CISI UAE-Financial-Rules-and-Regulations Exam Dumps Questions & Answers

When collecting data from official authorities, evaluators of investment fund in-kind shares are required to abide by the principles of honesty, justice and:

• A.  confidentiality
• B.  equality
• C.  prudence
• D.  governance

When establishing a local investment fund, how much are the founders required to subscribe?

• A.  At least 5 million dirhams
• B.  At least 1 million dirhams
• C.  At least 10 million dirhams
• D.  At least 20 million dirhams

The written agreement between a crypto asset custodian and the holders of these assets must set out the procedures that will be adopted to identify and prevent:

• A.  The ownership of the assets by persons who are not qualified investors
• B.  The execution of multiple instructions in respect of the same transaction
• C.  The holding of keys by any of its employees
• D.  The assets being used to disproportionately benefit one investor over another

Following a public subscription, what must a Special Purpose Acquisition Company do with the proceeds?

• A.  Deposit not less than 90% of the public subscription proceeds within one business day of receipt
• B.  Deposit not less than 100% of the public subscription proceeds within one business day of receipt
• C.  Deposit not less than 90% of the public subscription proceeds within two business days of receipt
• D.  Deposit not less than 100% of the public subscription proceeds within two business days of receipt

Which of the following features of a previous order can be changed with the order remaining valid?

• A.  Volume
• B.  Market
• C.  Order type
• D.  Share category