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The actual purpose of the GARP 2016-FRR Certification

The purpose of the Financial and Regulation (FRR) certification is to verify a candidate's ability to understand and live up to “the standard of knowledge, skill, and behavior” required by corporations for financial management professionals. It was developed with input from leading practitioners and academics and represents the body of knowledge and skills needed for success in this profession. 2016-FRR exam dumps and practice exams are helpful. Local regulators and management professionals have identified the GARP FRM certification as a benchmark for determining competence in financial management. Closed books, multiple-choice, and essay quizzes are used in the 2016-FRR to ensure the thoroughness of the subjects covered. Expressions of the candidate's reasons for answering each question are included in the scoring.

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

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GARP 2016-FRR Exam Syllabus Topics:

SectionObjectives
Credit Risk- Credit Risk Analysis
  • 1. Credit Derivatives
  • 2. Credit Exposure
  • 3. Credit Ratings
  • 4. Counterparty Risk
Risk Identification and Mitigation- Enterprise Risk Management
  • 1. Risk Monitoring
  • 2. Risk Mitigation Strategies
  • 3. Risk Assessment Techniques
Asset and Liability Management- Balance Sheet Risk
  • 1. Funding Risk
  • 2. Capital Management
  • 3. Liquidity Risk
Market Risk- Market Risk Measurement and Management
  • 1. Stress Testing
  • 2. Value at Risk
  • 3. Foreign Exchange Risk
  • 4. Interest Rate Risk
Operational Risk- Operational Risk Frameworks
  • 1. Business Continuity Planning
  • 2. Operational Loss Events
  • 3. Internal Controls
  • 4. Cybersecurity Risk
Governance and Regulation- Risk Governance Frameworks
  • 1. Regulatory Environment
  • 2. Corporate Governance
  • 3. Risk Culture

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