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Topics covered by the GARP 2016-FRR

Here is a list of the main subjects that will be covered in the 2016-FRR:

  • Risk Management: 50%
  • Emerging Markets: 15%
  • Financial Services: 15%
  • Regulation, Supervision, Reporting, and Management: 20%

Reference: https://www.garp.org/courses/financial-risk-and-regulation

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Who can take GARP 2016-FRR Certification

2016-FRR exam dumps recommend that individuals with three to five years' work experience in financial management. Bachelor's degree in finance, economics, administration, computer science, or mathematics and who received a GPA of 3.0 or higher. A valid GARP membership is required to take the Financial Risks and Regulation Certification. To return your GARP certification status to active, you must become a GARP member. Names of individuals who have passed the 2016-FRR Certification are provided to interested parties on a confidential basis.

GARP 2016-FRR Exam Syllabus Topics:

SectionWeightObjectives
Regulation, Supervision, Reporting and Management20%- Supervision and Compliance
  • 1. Compliance management
    • 2. Regulatory requirements
      • 3. Supervisory processes
        - Global Regulatory Frameworks
        • 1. Basel Accords
          • 2. International standards and guidelines
            - Reporting and Disclosure
            • 1. Risk reporting requirements
              • 2. Financial reporting standards
                • 3. Transparency and disclosure
                  Risk Management50%- Risk Measurement and Management
                  • 1. Risk mitigation and control
                    • 2. Quantitative methods
                      • 3. Risk modeling and assessment
                        - Foundations of Risk Management
                        • 1. Risk governance and culture
                          • 2. Risk concepts and frameworks
                            • 3. Enterprise Risk Management (ERM)
                              - Types of Risk
                              • 1. Operational risk
                                • 2. Market risk
                                  • 3. Liquidity risk
                                    • 4. Credit risk
                                      • 5. Model risk
                                        Financial Services15%- Financial Products and Services
                                        • 1. Investment products
                                          • 2. Derivatives and structured products
                                            • 3. Payment and settlement systems
                                              - Financial Institutions and Markets
                                              • 1. Capital markets and instruments
                                                • 2. Banking sector
                                                  • 3. Insurance and asset management
                                                    Emerging Markets15%- Characteristics and Risks
                                                    • 1. Economic and political environment
                                                      • 2. Unique risk factors
                                                        - Regulatory and Market Practices
                                                        • 1. Market development and integration
                                                          • 2. Local regulatory frameworks
                                                            - Risk Management Challenges
                                                            • 1. Cross-border risk issues
                                                              • 2. Governance and infrastructure

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