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

The minimum paid-up capital requirement for ranking and advice firms is:

• A.AED 5 million
• B.AED 30 million
• C.AED 50 million
• D.none

If a Special Purpose Acquisition Company fails to complete a business combination, measures to return the funds to investors must be taken within what maximum number of business days?

• A.25
• B.20
• C.15
• D.10

An appropriateness report must state:

• A.The professional status of the author
• B.The validity period of the decision
• C.The consequences of ignoring the advice
• D.The reasoning behind the assessment

A firm offering custody, clearing and recording, is required to have a minimum paid-up capital of:

• A.AED 30 million
• B.AED 150 million
• C.AED 50 million
• D.AED 100 million

An applicant for a financial activities licence must have procedures in place to recover electronic records from the archive within what maximum period?

• A.Five business days
• B.Two calendar days
• C.Three business days
• D.Four calendar days