Last Updated: Aug 27, 2026
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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Markets | 11% | - Disclosure and Transparency - General background |
| Topic 2: Dubai Financial Market (DFM) | 11% | |
| Topic 3: Trading | 11% | |
| Topic 4: Investment Funds | 11% | - Provisions specific to certain public funds - The local fund |
| Topic 5: Client Protection | 10% | |
| Topic 6: Licensed Bodies | 14% | - Requirements of capital market institutions - General provisions - Licensing financial activities |
| Topic 7: Anti-Money Laundering and Combating the Financing of Terrorism and Illegal Organisations | 14% | - Federal Law No. 20 of 2018 |
| Topic 8: The Regulatory Infrastructure | 17% | - Federal Law No. 4 of 2000 - SCA Resolutions - Securities & Commodities Authority (SCA) - Accounting system controls (Decision No. 13/Chairman issued 2021) - License categories and requirements (Decision No. 13/Chairman issued 2021) - Codes of Conduct - Corporate Governance (Law No. 3 issued Jan 2020) |
Question 1
Which type of securities are subject to exchange crime prohibitions?
A. Company shares and bonds only
B. All tradeable financial instruments except crypto-assets
C. Company shares, bonds and derivatives
D. All tradeable financial instruments including crypto-assets
Question 2
In order to deal in securities, what minimum level of paid-up capital must a firm have?
A. AED 50 million
B. AED 30 million
C. AED 10 million
D. AED 20 million
Question 3
The minimum paid-up capital requirement for ranking and advice firms is:
A. AED 50 million
B. AED 30 million
C. AED 5 million
D. none
Question 4
Where a client is a legal person, the customer due diligence obligations require verification of identity for any natural persons holding what minimum controlling ownership interest?
A. 3%
B. 51%
C. 25%
D. 10%
Question 5
The contract size for an MSCI India Index Futures (INR) contract is:
A. 20 index points x price
B. 25 index points x price
C. 50 index points x price
D. 5 index points x price
Solutions:
| Question 1 Answer: D | Question 2 Answer: B | Question 3 Answer: C | Question 4 Answer: C | Question 5 Answer: C |
Francis
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