PrepAwayPDF UAE-Financial-Rules-and-Regulations Dumps Real Exam Questions Test Engine Dumps Training [Q24-Q46]

Q24. When establishing a local investment fund, how much are the founders required to subscribe?

Q25. When a company applies to become a Special Purpose Acquisition Company, its sponsors must prepare proposals to:

Q26. An obligor with a retail primary listing of Sukuk immediately notified the Authority when one of its board directors was replaced. Why was the obligor considered to be in breach of its continuing obligations?

Q27. Which of the following is an administrative penalty that can be imposed on financial institutions that violate the law and regulations in relation to money laundering and terrorism financing?

Q28. The Authority suspects a person offering crypto assets of violating regulations and wants to examine the firm’s computer systems, computer equipment and data traffic. Which of these does it have the power to access and inspect?

Q29. The statement in a suitability report giving reasons for the recommendation must also indicate:

Q30. A firm offering custody, clearing and recording, is required to have a minimum paid-up capital of:

Q31. If the mid-point is used to determine the theoretical auction price for a pre-closing session of the DFM, it is:

Q32. Where an existing public company wants to issue further shares via a rights issue, this must be announced at least what minimum period before the start date of the subscription?

Q33. What action will the CSD Department take shortly after uploading a shareholders’ register onto the ADX’s electronic systems?

Q34. Where self-fund founders intend to accept in-kind shares, the fund prospectus must state whether these shares:

Q35. The summary of an in-kind shares evaluation report must state the:

Q36. Where a manager employed by a legal person is found to have committed a money laundering crime for its account, the minimum fine that can be imposed is:

Q37. For dual-listed companies (foreign companies) on the Dubai Financial Market (DFM), the opening price for the security on the first trading day on the DFM is based on the:

Q38. For all local funds, a semi-annual report on the public fund’s performance must be prepared no later than:

Q39. Where a local investment fund is established by an entity licensed to conduct family investment management, what minimum proportion of the units must be owned by family members?

Q40. The whistleblowing policy submitted by an applicant for a financial activities licence must include a mechanism for:

Q41. The contract size for an MSCI India Index Futures (INR) contract is:

Q42. When a firm performs internal reconciliations of the financial instruments held for each client, what must it do if the reconciliation shows a discrepancy?

Q43. In which circumstances might lawyers, notary publics, other legal stakeholders and independent legal auditors be exempt from suspicious transaction reporting requirements?

Q44. The DFM’s Professional Code of Conduct requires brokerage firms to take reasonable steps to determine the identity of their clients. For corporate persons, this should include:

Q45. When collecting data from official authorities, evaluators of investment fund in-kind shares are required to abide by the principles of honesty, justice and:

Q46. When applying for an Authority licence to operate a crypto fundraising platform, the need to demonstrate the independence of its fundraising functions is required only if the operator: