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Exam UAE-Financial-Rules-and-Regulations Topic 1 Question 28 Discussion

Actual exam question for CISI's UAE-Financial-Rules-and-Regulations exam
Question #: 28
Topic #: 1
An applicant for a financial activities licence must have procedures in place to recover electronic records from the archive within what maximum period?

Suggested Answer: B Vote an answer

According to CISI UAE Financial Rules and Regulations, applicants for a financial activities licence must ensure that their record-keeping systems allow for recovery of electronic records from archives within a maximum period of three business days. This requirement ensures timely access to data necessary for audits, investigations, and regulatory reviews. The three-business-day timeframe balances operational feasibility with regulatory needs for responsiveness and data integrity, supporting transparency and compliance in the UAE financial sector.
Reference: CISI UAE Financial Rules and Regulations - Record-Keeping and Data Recovery Procedures, Section 3.5.10 (2023).

by Alvis at Oct 13, 2025, 08:07 AM

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