GARP Related Exams
2016-FRR Exam

You can prepare for the Financial Risk and Regulation certification exam using CertsTopics 2016-FRR Exam Dumps, Questions and Answers, and Practice Tests. These our 2016-FRR study materials provide you with a realistic testing experience and cover the key topics needed to pass the GARP 2016-FRR exam.
Which of the following risk types are historically associated with credit derivatives?
I. Documentation risk
II. Definition of credit events
III. Occurrence of credit events
IV. Enterprise risk
Why do regulatory standards impose formulaic capital calculations for all of the banks activities?
I. If the banks use different models it is difficult for a regulator to compare results across banks.
II. By imposing standardized calculations regulators can make sure that banks are not missing key risks in their calculations.
III. By imposing standardized calculations regulators can make sure that banks do not use capital calculations to game the banking regulation system.
Which one of the following four statements presents a challenge of using external loss databases in the operational risk framework?