The second SCA licence category is Dealing in Investment . The CISI UAE Financial Rules and Regulations identifies the principal functions for firms in this category as Category Manager or Official, Compliance Officer, Risk Management Officer and Investment Operations Manager. It then distinguishes the underlying financial activities and the approved jobs associated with them. The activities include managing investment funds' investments, managing securities portfolios and providing administrative services for investment funds. For investment-management activities, approved positions include Fund Investment Manager or Portfolio Manager, Principal Financial Analyst and Financial Analyst . Therefore, managing securities portfolios is an activity within the Dealing in Investment category for which the Financial Analyst role is relevant. Trading brokerage and securities dealing instead belong to the first licence category, Dealing in Securities. Administrative services for investment funds is included in Category 2, but the CISI table records no corresponding Financial Analyst approved job for that activity. Consequently, option C is the only response combining the correct regulated activity with the Financial Analyst role.
================
Contribute your Thoughts:
Chosen Answer:
This is a voting comment (?). You can switch to a simple comment. It is better to Upvote an existing comment if you don't have anything to add.
Submit