🇸🇦 CISI Regional Regulation Certification

CME-1B: General Saudi Capital Market Rules and Regulations

Official CISI Accredited Training Partner

Master the Saudi Capital Market Law and CMA regulations with an interactive, mentor-led prep system for the GSCMR exam.

204 Practice Questions 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 × 50 questions · 204 unique questions · 250 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.

General Saudi Capital Market Rules and Regulations with Smart Practice

This is not just revision material. It’s a complete exam simulation system designed specifically for professionals in the Saudi financial sector.

We replace traditional, dry workbooks with a dynamic learning environment that adapts to your pace. Our system ensures you are studying exactly what will appear on exam day.

Key Benefits

AI Audio Summaries New

Listen to course modules on the go. Practice anytime, anywhere - even while driving or commuting.

✓ Studio-quality AI voice narration.
✓ Perfect for auditory learners.
✓ Maximize your study time during daily commutes.

Listen to a sample

Five Full Exam Simulators

Don't just memorize - practice under pressure with three distinct modes.

✓ Timed Real Exam Mode: Replicates actual environment.
✓ Topic-by-Topic Drill Mode: Focus on weak areas like Market Manipulation.
✓ Adaptive Challenge Mode: Difficulty that adjusts to you.

150+ High-Quality Practice Questions

Crafted to match the exam-standard wording and logic used by examiners.

✓ Scenario-based questions for practical application.
✓ Detailed Step-by-Step Explanations for every answer.
✓ Metrics to track speed and accuracy over time.

AI-Powered Study Assistant

An AI chatbot trained on CMA regulations — ask it anything, anytime.

✓ Instant Clarification for complex rules.
✓ 24/7 Availability whenever you're in the study zone.
✓ Tailored Explanations in plain business logic.

Rapid-Recall Digital Flashcards

Digital flashcards optimized for quick reinforcement during short breaks.

✓ Critical thresholds and reporting timelines.
✓ Designed to make easy points stick permanently.
✓ Mobile-ready for study on the go.

High-Yield Cheat Sheets

The distilled 'Golden Rules' of the Saudi Regulatory landscape.

✓ Condensed summaries of AML and CMA requirements.
✓ Designed for rapid recall in the final hours.
✓ Essential conflict of interest disclosures.

Syllabus

Module 1: Introduction to the Capital Market Authority 7 marks out of 50

🎧 Audio

Explores CMA's establishment, independence under Capital Market Law, and objectives.

• Reporting to Prime Minister
• Functions of the CMA
• Investor protection rules

Module 2: Securities Business Regulations 6 marks out of 50

Details what constitutes 'Securities Business' including dealing, managing, advising, etc.

• Dealing and Managing Definitions
• Advising vs Custody
• Exemptions

Module 3: Authorisation 2 marks out of 50

Strict requirements for CMA authorisation to conduct business.

• Fit and Proper criteria
• Approved Persons regime
• Notification timelines

Module 4: Regulated Activities 13 marks out of 50

Reporting and operational requirements imposed on authorised persons.

• Client money rules
• 10-year Record keeping requirements
• Periodic CMA reporting

Module 5: Anti-Money Laundering and Counter-Terrorist Financing 5 marks out of 50

Critical AML/CFT obligations in KSA aligning with FATF.

• Customer Due Diligence (CDD)
• Suspicious Transaction Reporting (STR)
• Compliance Officer duties

Module 6: Prohibitions 7 marks out of 50

Prohibited behaviors like market manipulation and insider trading.

• Market Manipulation meaning
• Insider Trading rules
• Misleading statements

Module 7: Capital Market Institutions' Regulations 6 marks out of 50

Capital adequacy, corporate governance, and conflicts of interest.

• Capital Adequacy
• Conflicts of Interest
• Independence of function

Module 8: Systems and Controls 4 marks out of 50

Internal frameworks required for risk management.

• Internal Audit vs Compliance
• Business Continuity Plans
• Direct reporting lines to the Board

Student Reviews

4.7

★★★★★

Based on18reviews

5 stars

72%

4 stars

28%

3 stars

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First-party learner feedback

Submitted directly to CISI Academy. These testimonials are not presented as independently verified by Trustpilot, Google, or another third-party platform.

Recent Reviews

Tariq A.

· Feb 14, 2026

★

CISI Academy learner feedback

Updated for 2026!

I used the new 2026 study material. It has the latest rules for Saudi Arabia. Passed with 88%!

Response from CISI Academy

That's great to hear. We designed the flashcards specifically for last-minute revision — glad they helped!

Jelani R.

· Aug 2, 2026

★

CISI Academy learner feedback

Passed on my first attempt

The material covers the core topics exceptionally well. It's much easier to digest than the dry official workbook. Used it daily on my commute and passed my exam.

Abdulaziz S.

· Jul 30, 2026

★

CISI Academy learner feedback

Exactly what I needed

I was struggling with some of the more confusing concepts, but the mock exams and flashcards here broke it down perfectly. The explanations really clarify why an answer is wrong.

Youssef K.

· May 17, 2026

★

CISI Academy learner feedback

Perfect for CME-1

The AI tutor explained capital adequacy ratios in a very simple way. It kept my studies on track and I highly recommend it to my colleagues.

Reem H.

· Apr 22, 2026

★

CISI Academy learner feedback

Loved the unlimited access

I failed my first try with just the workbook. Then I used this platform to practice weak areas and learn key numbers. Passed second try with 78%!

Samar E.

· Apr 18, 2026

★

CISI Academy learner feedback

Passed in two weeks

I improved my practice scores from 55% to 88% in just two weeks. The mock exams match the difficulty of the real test perfectly.

Frequently Asked Questions

The GSCMR (CME-1B) is a Computer-Based Test of 50 multiple-choice questions in 1 hour. The pass mark is 70% (35 out of 50). Exams are available year-round at Pearson VUE test centres.

Yes — the CISI General Saudi Capital Market Rules & Regulations exam is approved by the Capital Markets Authority (CMA) and is a requirement for professionals working in regulated roles in Saudi Arabia's financial sector.

GSCMR covers the Saudi CMA regulatory framework including authorised persons requirements, securities offerings, listing rules, market conduct, corporate governance, collective investment schemes, mergers and acquisitions, and enforcement procedures.

All content is created from the official CISI workbooks and compiled with input from financial professionals working in Saudi Arabia who have passed the GSCMR exam. Their regulatory knowledge and exam feedback are combined into our interactive study system.

No previous qualifications are required. However, GSCMR is typically taken by professionals already working in or entering Saudi Arabia's financial sector, so some familiarity with financial services is helpful.

We do not guarantee a pass — success requires reading the official CISI workbook and using our materials for active revision. Our recall-based approach is designed to help you memorise the specific CMA regulations and thresholds that the exam tests.

You get lifetime access from the moment of purchase. Study at your own pace with no time limits or recurring fees.

Yes — the entire platform is mobile-responsive. Revision flashcards and mock exams work on any device, ideal for studying during your commute.

Yes! Test your knowledge and review detailed explanations with the free CME-1B: General Saudi Capital Market Rules and Regulations Mock Exam Preview below. It contains 15 exam-style questions from one named syllabus topic; the full course provides complete mock exams and syllabus coverage.

Interactive preview

Free CME-1B: General Saudi Capital Market Rules and Regulations Practice Questions & Exam Preview

Try 15 CME-1B: General Saudi Capital Market Rules and Regulations practice questions from Securities Business and Capital Market Institutions

Practice CME-1B: General Saudi Capital Market Rules and Regulations exam questions with answers and explanations. The full course includes 5 mock exams and complete syllabus coverage.

Exam Preview

Securities Business and Capital Market Institutions

Question 1 of 15

Which of the following lists correctly identifies the five types of securities business activities?

1 / 15

Flashcards

Card 1 of 10Introduction to the CMA

Question

What is the Capital Market Authority (CMA)?

Tap to reveal answer

Focus Learn

Key Examinable Areas8

Capital Market Law establishment: Royal Decree M/30 dated 2/6/1424H (31 July 2003).
CMA independence and direct reporting line to the Prime Minister.
Definitions of securities (4 types) vs. non-securities (7 excluded instruments).
CMA trading suspension powers: 1 day independent, >1 day requires Minister of Finance approval.
Committee for Resolution of Securities Disputes: composition, appointment, and jurisdiction.
Dispute timeline: 90-day filing wait, 14-day consideration start, 30-day appeal window.
Securities Depository Center: sole registration entity, preliminary registration in doubtful cases.
Evidence admissibility in all forms including electronic, recordings, fax, and email.

Common Pitfalls to Avoid4

Exam Traps5

Key Numbers8

Chapter 1: Introduction to the Capital Market Authority

The Saudi Arabian Capital Markets have informally operated since 1950, but the Capital Market Law (the Law) was formally introduced pursuant to Royal Decree M/30 dated 2/6/1424H (31 July 2003) to create a transparent, fair, and regulated market. The Law established the Capital Market Authority (CMA) as a fully independent government organisation that reports directly to the Prime Minister — not to SAMA or any ministry. The CMA's four core objectives are: creating an appropriate investment environment, boosting confidence, reinforcing transparency and disclosure standards, and protecting investors and dealers from illegal acts. Securities under the Law include: (a) convertible and tradeable company shares, (b) tradeable debt instruments issued by companies, government, or public institution…

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.

Who Is This For?

✓ Compliance officers & MLROs in KSA

✓ Brokerage and capital markets professionals

✓ Relationship managers & Private bankers

✓ Finance professionals in Saudi Arabia

✓ Anyone needing to pass efficiently without over-studying

✓ Expats relocating to Saudi financial hubs

★★★★★ 4.7 (948 global students)