GARP 2016-FRR exam dumps - Financial Risk and Regulation (FRR) Series

  • Exam Code: 2016-FRR
  • Exam Name: Financial Risk and Regulation (FRR) Series
  • Updated: Oct 02, 2026     Q & A: 390 Questions and Answers

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The FRR Series Exam is a comprehensive, globally recognized certification that sets a standard for risk management professionals. 2016-FRR exam is designed to be challenging, and it requires candidates to have a deep understanding of the concepts and techniques used in risk management. The FRR Series Exam is divided into two levels: Part 1 and Part 2. Part 1 covers the fundamental concepts of risk management, while Part 2 focuses on more advanced topics such as risk measurement and modeling, stress testing, and regulatory compliance.

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GARP 2016-FRR Exam Syllabus Topics:

TopicDetails
Topic 1
  • Operational Risk Management: This section of the exam measures skills of an Operational Risk Manager and covers the principles of operational risk management. It discusses operational risk identification, measurement, mitigation, monitoring, reporting, and the importance of governance frameworks such as the three lines of defense, along with loss data collection and scenario analysis.
Topic 2
  • Market Risk Management: This section of the exam measures skills of a Market Risk Analyst and covers the fundamentals of market risks across foreign exchange, interest rates, equities, and commodities. It explains market risk measurement tools like VaR and expected shortfall, examines trading strategies, market risk reporting, and the impact of Basel III on market risk.
Topic 3
  • Credit Risk Management: This section of the exam measures skills of a Credit Risk Analyst and covers the assessment of credit risk, credit products risks, portfolio credit risk management, and the regulatory view of credit risk. It explains expected and unexpected losses, credit models, Basel Accords, credit default swaps, credit scoring, and stress testing credit exposures.
Topic 4
  • Asset and Liability Management: This section of the exam measures skills of a Treasury and ALM Specialist and covers asset and liability management frameworks, interest rate risk in the banking book, liquidity risk management, capital management, and non-trading market risks. It explains the roles of ALCO, treasury operations, Basel III liquidity measures, and management of funding risks.

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

The FRR Series certification is highly respected in the risk management industry and is recognized by employers worldwide. Financial Risk and Regulation (FRR) Series certification is an excellent way for risk professionals to enhance their career prospects and demonstrate their expertise in financial risk management and regulation. The FRR Series certification is also an excellent way for employers to ensure that their risk management teams have the necessary knowledge and skills to manage financial risk effectively and comply with regulatory requirements.

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