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

  • Exam Code: 2016-FRR
  • Exam Name: Financial Risk and Regulation (FRR) Series
  • Updated: Jul 22, 2026
  • Q & A: 390 Questions and Answers

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

GARP 2016-FRR Exam Syllabus Topics:

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

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