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Thank you very much for sharing your valuable experience! I respectfully but firmly disagree, as citing the specific UAE Unlicensed Market FRR thresholds is essential to prove competence, not overkill. I am currently focusing intensely on passing the IISI and utilizing the technical foundations found at /certifications/cme-5a/ has been a rigorous help in demonstrating mathematically to employers that my salary expectations are calculated correctly.
Does the FRR exemption specifically cover 'ex-brokerage fees' paid as Directorial remuneration, or does the definition of 'dealing' strictly mandate a market transaction to qualify for the threshold limits under Article 12 of General Rules? Most theoretical frameworks imply strict adherence, yet I remain concerned about the practical application of remuneration structuring in mixed-licensed entities: /certifications/cme-1b-ar/
It is tough to justify Director remuneration without proving the activities are purely administrative. If the remuneration includes any commercial dealing, it risks being classified as unlicensed market activity which defeats the purpose of the salary hike. You must verify these definitions carefully before your IISI exam. I used the materials at /certifications/cisi-uae-frr-ar/ to confirm the exact rules.
I am honestly losing sleep over this. Distinguishing between administrative duties and strict market dealing is driving me insane. The IISI module on this feels incredibly dense and I’m terrified my salary justification logic is literally flawed. i used exams.academy/certifications/cisi-icwim-ar/ to drill down into the rules but I can’t seem to convince myself that my interpretation is correct.
I am 45 and I still find these rules tedious. Citing FRR to justify a Director salary is overkill.