Online Access Free UAE-Financial-Rules-and-Regulations Exam Questions

What is the minimum fine that can be levied on a person found guilty of financing an illegal organisation?

• A.AED 300,000
• B.AED 250,000
• C.AED 200,000
• D.AED 150,000

A public real estate investment fund must distribute at least what percentage of the achieved net profits every year, to the holders of its units?

• A.80%
• B.50%
• C.75%
• D.100%

What is the maximum term of imprisonment that can be imposed on a person who attempts to commit the crime of money laundering?

• A.Seven years
• B.Three years
• C.Ten years
• D.Five years

An error was made by a broker which led to a trade being conducted using the wrong trading account number.
If the trader submitted a request to have the number amended 40 minutes after the end of the trading session, the amendment would only be made if:

• A.the correction is within a 5% error margin
• B.an alteration fee is paid at the same time
• C.the circumstances are considered to be exceptional
• D.an impact assessment gives acceptable results

Which of the following acts is considered to constitute the crime of money laundering?

• A.Acquiring, possessing or using proceeds from an unverified source
• B.Investigating or checking on the true nature, source or location of proceeds as well as the method involving their ownership
• C.Transferring or moving proceeds or conducting any transaction with the aim of highlighting or opening their source to scrutiny
• D.Investigating internal reports where concerns of illegal activities are raised by staff