Qatar Financial Markets Authority Regulations – Quiz 02

Last Updated: June 2024

Table of Contents

CISI – Qatar Financial Markets Authority Regulations Quiz 2 is covered –
ELEMENT 1
LICENSED ACTIVITIES:
Regulated functions – (1-6)
Regulated functions – Know the 3 categories of regulated function (Article 7) • Significant Influence functions (SIF) • Technical functions • Compliance monitoring functions
Regulated functions – Know the general conditions individuals must satisfy to obtain a regulated function
Regulated functions – Know the jobs associated with respective regulated functions
Regulated functions – Understand how AML/CFT screening procedures apply to all employees

The approval process – (7-18 )
The approval process – Know about the licensing approval process • Decision making power (Article 12) • Tenure of licence for a registered person (Article 13) • Licence renewals (Article 13) • Alterations (Article 14) • Licence termination
The approval process – Know the specific information licensed firms are expected to provide for the Authority

The international regulatory environment – (19-30)
The international regulatory environment – Understand the main differences between rule based and principles-based approaches to financial regulation
The international regulatory environment – Understand the key benefits of regulated market structures • Exchanges • Multi-lateral trading facilities and systematic internalisers
The international regulatory environment – Understand how regulation applies to exchange traded and OTC transactions

Continue Reading