GARP 2016-FRR series is divided into two parts. The first part consists of a theoretical test that covers critical topics such as market risk, credit risk, operational risk, and regulatory compliance. The second part, on the other hand, focuses on the application of these concepts in real-life financial scenarios. It is designed to assess the practical skills and knowledge of the candidates for the role of risk managers, financial analysts, or regulatory compliance officers. Overall, the GARP 2016-FRR exam is a comprehensive assessment of the candidate's ability to navigate the changing financial landscape and maintain integrity in the face of market risks and challenges.
The FRR Series offered by GARP is an essential certification for professionals working in financial risk management or regulatory compliance. It covers a wide range of topics and is recognized as a mark of excellence by employers and colleagues. While preparing for the exams can be challenging, the knowledge and skills gained from studying for the FRR exams can help professionals improve their decision-making and risk management abilities.
Reference: https://www.garp.org/courses/financial-risk-and-regulation
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