Question 1

Why would the Authority board resolve temporarily to halt trading in the shares of any company?

Options :

A : A written complaint is made relating to a market activity

B : A threat to the proper and regular working of that market arises

C : It transpires that the spouse of a board member is a director of that entity

D : It does not have the technical equipment necessary to conduct its activity electronically

Answer: B

Question 2

Which of the following is one of the prescribed financial activities for which the Authority can issue a license?

Options :

A : Analysis

B : Promotion

C : Corporate planning

D : Risk management

Answer: D

Question 3

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

Options :

A : confidentiality

B : governance

C : equality

D : prudence

Answer: A

Question 4

A brokerage firm’s records include client agreements, selling orders and accounts. Under the Professional Code of Conduct, which of these does the DFM have the right to access and review?

Options :

A : Client agreements and selling orders only

B : Selling orders and accounts only

C : Accounts and client agreements only

D : Client agreements, selling orders and accounts

Answer: D

Question 5

If the perpetrator of a money laundering crime is a repeat offender, what impact does this have on the minimum fine compared to a first offence?

Options :

A : It is increased by 50%

B : It is doubled

C : It is tripled

D : It is quadrupled

Answer: B

Free UAE-Financial-Rules-and-Regulations Mock Exam – Practice Online Confidently

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