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🇸🇦 Capital Markets Compliance

CME-4B: Saudi Capital Market Rules and Regulations – Asset Managers

CME-4B: Saudi Capital Market Rules and Regulations – Asset Managers

Prepare for the Saudi CME-4B examination covering investment funds, real estate investment funds and market conduct for asset managers.

Verified against the July 2026 English workbook and current Financial Academy exam specification through 30 September 2026.
100 Unique Questions · 5 Mocks × 25 Detailed Study Notes Realistic mock exams

Course syllabus information reviewed for 2026. Always check the awarding body’s latest official syllabus and candidate updates before booking or sitting your exam.

Exactly what is included

  • 5 mock exams × 25 questions · 100 unique questions · 125 total question slots · unlimited retakes
  • Focus Learn · key areas, pitfalls, exam traps & key numbers
  • Flashcards · fun, fast and effective recall
  • Exam cheat sheet · key facts, rules and numbers by chapter
  • Audio Learning · every chapter in audio
  • AI Analyzer & Mentor · pinpoints your weak areas
  • Study Mode Exams · learn while you train
  • AI Chat trained specifically for this exam
  • Community-polished data, improved every day
  • Up-to-date, accuracy-checked content
AI Audio Summaries New

Listen to course modules on the go. Perfect for studying while driving or commuting.

🎧 Audio

* This is a chapter sample. All audio is available in the full version.

Syllabus

Module 1: Investment Fund Regulations 14 marks out of 25

🎧 Audio

Chapter 1

  • • Fund Management and Custody
  • • Public, Private and Foreign Funds
  • • Subscription, Pricing, Valuation and Redemption
  • • Closed-Ended Investment Traded Funds

Module 2: Real Estate Investment Funds Regulations (Public Real Estate Funds) 8 marks out of 25

Chapter 2

  • • Organisation, Governance and Fund Management
  • • Assets, Custody, Valuation and Reporting
  • • Restrictions and Real Estate Investment Traded Funds

Module 3: Market Conduct Regulations 3 marks out of 25

Chapter 3

  • • Market Manipulation and Insider Trading
  • • Direct and Indirect Trading and Liability
  • • Investment Research and Recommendations

Student Reviews

4.5
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Based on 15 reviews
5 stars
47%
4 stars
53%
3 stars
0%
2 stars
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Real Reviews, Real Results

From finance professionals who prepared and passed their CISI exams.

Recent Reviews

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James L.
VERIFIED · Aug 4, 2026
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★ Trustpilot

Very realistic questions

The questions are very similar to the real test. I was worried about the time limit, but practicing with these mocks helped me manage my pace. Highly recommended!

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Emma R.
VERIFIED · Jul 31, 2026
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5.0 out of 5
Google

Highly recommend

I tried reading the official book but it was too dense. These questions are challenging and the detailed feedback for every answer makes learning so much faster.

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Sarah M.
VERIFIED · Jul 30, 2026
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4.0 out of 5
★ Trustpilot

Solid practice questions

Solid question bank that covers all the tricky parts of the syllabus. Better than just reading the textbook on my own.

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Badr K.
VERIFIED · Jul 23, 2026
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4.0 out of 5
Clutch

Highly accurate questions

The mock exams perfectly mirror the style of the CMA test. The questions on valuation and pricing errors were particularly helpful.

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Nouf A.
VERIFIED · Jul 21, 2026
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5.0 out of 5
★ Trustpilot

Fund governance made easy

The flashcards for fund board requirements and independent director rules saved me so much time. I passed my exam yesterday!

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Saad R.
VERIFIED · Jul 12, 2026
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5.0 out of 5
Google

Saudi Asset Management prep

The distinctions between public and private fund regulations in KSA are highlighted perfectly. This course is essential if you are sitting the SCMR-AM.

Interactive preview

Free CME-4B: Saudi Capital Market Rules and Regulations – Asset Managers Practice Questions & Exam Preview

Try 15 CME-4B: Saudi Capital Market Rules and Regulations – Asset Managers practice questions from Real Estate Investment Traded Funds (REITFs)

Practice CME-4B: Saudi Capital Market Rules and Regulations – Asset Managers exam questions with answers and explanations. The full course includes 5 mock exams and complete syllabus coverage.

Exam Preview

Real Estate Investment Traded Funds (REITFs)

Which entity is legally responsible for maintaining the original title deeds, material contracts, and accredited valuers' reports for a public real estate fund?

1 / 15

Flashcards

Card 1 of 10Investment Fund Regulations
Question

What is the fund manager's primary duty to unitholders?

Tap to reveal answer

Focus Learn

  • Fund manager duties: fiduciary duty, act in best interest, liable for fraud/negligence/misconduct/wilful default.
  • Financial statements: Arabic, semi-annual (reviewed) and annual (audited) per SOCPA standards.
  • Fund termination: 21 days' notice before intended termination; 5 days to notify if event triggers termination; 70 days for final report; 6 months to complete liquidation from fund expiry.
  • Custodian independence: must not be affiliate of fund manager; must be CMA-licensed for custody.
  • Asset ownership: unitholders own collectively — not custodian, not fund manager.
  • Asset segregation: separate bank account per fund; real estate registered in custodian's fully owned subsidiary.
  • Real estate pledging: only to licensed lender that extended a loan TO the fund.
  • Public fund board: minimum 3 directors, at least 2 or 1/3 independent; meets twice annually with compliance officer.
  • Public-fund limits: 10% single issuer, 10% illiquid, 15% leverage and 15% derivatives; a holding must not represent more than 20% of another fund's NAV, while no more than 25% of the public fund's own NAV may be invested in one fund or funds from the same CMI.
  • Open-ended funds: minimum 2 dealing days per week; NAV-based redemption; 4 decimal places for unit prices.
Chapter 1: Investment Fund Regulations

The Investment Fund Regulations make the fund manager primarily responsible for managing the fund, offering its units and keeping its terms and conditions clear, complete and accurate. The manager acts in a fiduciary capacity, must put unitholders' interests first and remains liable for loss caused by fraud, negligence, misconduct or wilful default. Delegating work to another person does not reduce that responsibility. Financial statements must be prepared in Arabic; the Arabic text prevails if a translation conflicts. Public-fund half-year statements are reviewed under SOCPA standards and annual statements are audited. Special commission arrangements may provide execution-related services or research that benefits the fund, but direct cash payments to the fund manager are prohibited.

Ter…

Unlock all Focus Learn

Open every chapter’s key areas, pitfalls, exam traps and key numbers.

Adaptive study tools

Focus weak topics, learn with feedback, then switch to exam conditions.

Practice modes

Learn first. Then prove you’re ready.

Learn with feedback, then switch to exam conditions.

Study Mode

Instant feedback & explanations

See the answer and explanation after each choice.

Exam Mode

Realistic exam simulation

Use the timer, keep answers hidden, then review your result.

Preparation Package at a Glance

Feature Exams Academy Details
Access Period
Lifetime Access
One-time enrollment with no recurring fee
Practice Exams
Unlimited Retakes
100 unique questions across Mocks 1-4
Study Support
Instant 24/7 AI Tutor
Self-service AI support; live instructor support is not included
Cost
$104 (One-Time)
One-time payment with no recurring subscription

Preview & See What You Will Get

Preview of CME-4B: Saudi Capital Market Rules and Regulations – Asset Managers

Frequently Asked Questions

It is mapped to syllabus version 1.0 and the English workbook version 1.9 dated July 2026, valid for examinations through 30 September 2026.

Yes. Each mock contains 25 multiple-choice questions, lasts 30 minutes, requires 17 correct answers (68%) and uses the central official weighting of 14 Investment Funds, 8 Real Estate Investment Funds and 3 Market Conduct questions.

Mocks 1-4 contain 100 unique questions. Mock 5 is a 25-question mixed paper sampled from those banks, so the course provides 125 timed question slots without presenting repeated questions as additional unique inventory.

The English learning material and practice bank are grounded in the current official Financial Academy/CISI workbook and the current Financial Academy exam specification.

You get lifetime access and can study at your own pace.

Yes. Use the official workbook as the primary source and this course for active recall, timed practice, explanations and focused revision.

Yes! Test your knowledge and review detailed explanations with the free CME-4B: Saudi Capital Market Rules and Regulations – Asset Managers Mock Exam Preview below. It contains 15 exam-style questions from one named topic; the full course provides complete mock exams and syllabus coverage.

No. Saudi registered-person pathways use the Financial Academy's CME examinations. The required A technical unit and B rules-and-regulations unit depend on the registered function. Confirm the requirement with the employer and regulator before booking.

Use the Financial Academy page for the exact CME examination and language you intend to take. Assessment format, availability and fees differ by CME code, so confirm the selected examination page before booking.

Exams Academy course access is a separate US-dollar purchase. Official examination and workbook charges are not included; check the Financial Academy page for the exact CME examination before payment.

Key Benefits

Five Full Exam Simulators

Practise under the official 25-question and 30-minute conditions.

  • ✓ Every paper uses the central 14/8/3 element weighting.
  • ✓ The exact raw pass boundary is 17 correct answers (68%).
  • ✓ Foundations, applied, advanced, final-practice and mixed papers.

100 Unique Exam-Style Questions

Four unique 25-question banks plus an evenly sampled mixed paper.

  • ✓ Every official learning objective is represented.
  • ✓ Scenario-based questions test application as well as recall.
  • ✓ Every answer includes a clear explanation.

AI Audio Summaries New

Listen to all three English course chapters while travelling or revising away from a screen.

  • ✓ Separate female and male narration choices.
  • ✓ Narration follows the current chapter summaries.
  • ✓ Designed for flexible revision on mobile devices.
Listen to a sample

AI-Powered Study Assistant

Ask questions against the CME-4B course knowledge base while you study.

  • ✓ Clarifies investment-fund and market-conduct rules.
  • ✓ Available throughout the learning experience.
  • ✓ Answers are grounded in the course material.

Rapid-Recall Revision Tools

Use 75 flashcards and 85 reference entries for focused final revision.

  • ✓ Critical thresholds and reporting timelines.
  • ✓ Clear distinctions between public, private and real estate funds.
  • ✓ Mobile-ready for short study sessions.

Exam Format & Details

Assessment Multiple-choice examination
Duration 30 Minutes
Standard Pass Mark 68%

CME-4B exam preparation for asset managers

Study the three official syllabus elements through focused summaries, rapid-recall resources and five timed practice papers. Every mock uses the official 25-question, 30-minute format, the central 14/8/3 element weighting and the published raw pass boundary of 17 correct answers (68%).

The 100-question primary bank covers investment fund regulation, public and private funds, custody, real estate investment funds, REITFs and market conduct. It is an independent revision companion to the official workbook, not a reproduction of live examination questions.

Who Is This For?

✓ Asset managers operating in Saudi Arabia
✓ Fund structuring, operations and compliance professionals
✓ Candidates preparing for the CME-4B examination
✓ Finance professionals applying Saudi fund regulations

🇸🇦 Local market guide

CME-4B: Saudi Capital Market Rules and Regulations – Asset Managers in Saudi Arabia: pathway, booking and careers

Review how CME-4B: Saudi Capital Market Rules and Regulations – Asset Managers connects to regulation, qualification pathways, booking, currency and careers in Saudi Arabia before paying the official exam fee.

Regulator and qualification pathway

Saudi registered-person pathways use the Financial Academy's CME examinations. The required A technical unit and B rules-and-regulations unit depend on the registered function.

Capital Market Authority and Financial Academy

Booking and official examination

Use the Financial Academy page for the exact CME examination and language you intend to take. Assessment format, availability and fees differ by CME code, so confirm the selected examination page before booking.

Browse official Financial Academy services

Career and employer context

Saudi CME pathways are role-based. Asset-management, advisory, compliance, broking and corporate-finance functions use different examination combinations, so the employing firm's compliance team should confirm the correct pair.

Price and currency

Exams Academy course access is a separate US-dollar purchase. Official examination and workbook charges are not included; check the Financial Academy page for the exact CME examination before payment.

Market-specific reading

Understand the pathway before booking

View all Saudi Arabia certifications

Saudi CME eligibility and registration

Confirm the role-based examination pathway before choosing a CME course.

Financial Academy booking guide

Use the exact Financial Academy exam page to verify format and fees.

Ready to Pass Your Exam?

Build accurate recall and exam-day confidence with syllabus-aligned study tools, realistic practice and a course-grounded AI tutor.

CME-4B: Saudi Capital Market Rules and Regulations – Asset Managers
★ 4.5 (15)
$104 $303 -66%
July 2026 workbook and exam-format refresh
  • Updated to English workbook version 1.9.
  • Corrected every mock to 25 questions and 30 minutes.
  • Implemented the published 17-of-25 pass boundary and 14/8/3 element weighting.
  • Removed stale and off-syllabus revision content across the English course.