Last Updated: Jun 07, 2026
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1. An in-kind shares evaluation report must be based on data covering what maximum period before the evaluation date?
A) Three months
B) Four months
C) Two months
D) One month
2. A good-till-cancelled order on the DFM will remain available for execution unless it is cancelled by:
A) the clearing member
B) the market committee
C) the broker
D) the investor
3. The DFM's Professional Code of Conduct requires brokerage firms to take reasonable steps to determine the identity of their clients. For natural persons, this should include:
A) full name of portfolio manager
B) profession, exact address, PO Box and phone number
C) nature of the entity, its legal form, type and capital
D) commercial register number and commercial licence
4. If the perpetrator of a money laundering crime is a repeat offender, what impact does this have on the minimum fine compared to a first offence?
A) It is doubled
B) It is tripled
C) It is increased by 50%
D) It is quadrupled
5. The disclosure of a licensed body's legal status, including the fact that it is licensed by the Authority, is important because:
A) it enables those that might suffer from perceived or actual misbehaviour at the hands of a firm to raise their concerns with the regulator
B) it forces firms to disclose their regulatory status and that they are subject to the Authority's control and supervision
C) it ensures that no clients suffer from perceived or actual misbehaviour at the hands of a firm which is regulated
D) it allows third party firms to use, utilise, or copy the Authority's logo for any reason and this reassures clients
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: D | Question # 3 Answer: B | Question # 4 Answer: A | Question # 5 Answer: A |
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