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GARP Financial Risk and Regulation 2016-FRR

2016-FRR

Exam Code: 2016-FRR

Exam Name: Financial Risk and Regulation (FRR) Series

Updated: Oct 01, 2026

Q & A: 390 Questions and Answers

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

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GARP Financial Risk and Regulation 2016-FRR Financial Risk and Regulation (FRR) Series Exams

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GARP 2016-FRR Exam Syllabus Topics:

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

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