FRM Part II PREPSMARTER

2018 Curriculum Changes

2017 2018
MARKET RISK MEASUREMENT AND MANAGEMENT
MR-15: OIS Discounting, Credit Issues, and Funding
Costs

CREDIT RISK MEASUREMENT AND MANAGEMENT

CR-9: Defining Counterparty Credit Risk CR-9: Counterparty Risk
Jon Gregory, Counterparty Credit Risk and Credit Value
Jon Gregory, The xVA Challenge: Counterparty Credit
Adjustment: A Continuing Challenge for Global Financial
Risk, Funding, Collateral, and Capital, 3rd Edition
Markets, 2nd Edition (West Sussex, UK: John Wiley &
(West Sussex, UK: John Wiley & Sons, 2015).
Sons, 2012).
CR-10: Netting, Compression, Resets and Termination
CR-10: Netting, Close out and Related Aspects
Features
CR-12: Central Counter Parties CR-12: Credit Exposure and Funding
CR-13: Counterparty Risk Intermediation
Stress Testing: Approaches, Methods, and
Applications, Edited by Akhtar Siddique and Iftekhar
Hasan
CR-14: Default Probability, Credit Spreads, and Credit CR-14: Default Probabilities, Credit Spreads, and
Derivatives Funding Costs
CR-15: Credit Value Adjustment CR-15: Credit and Debt Value Adjustments

OPERATIONAL AND INTEGRATED RISK MANAGEMENT

OR-25: Sound management of risks related to
money laundering and financing of terrorism, (Basel
Committee on Banking Supervision, June 2017).
(Pages 132 only)

RISK MANAGEMENT AND INVESTMENT MANAGEMENT

IM-11: Performing Due Diligence on Specific
Managers and Funds
Kevin R. Mirabile, Hedge Fund Investing: A Practical
Approach to Understanding Investor Motivation,
Manager Profits, and Fund Performance (Hoboken, NJ:
Wiley Finance, 2013).
IM-11: Performing Due Diligence on Specific
Managers and Funds
Kevin R. Mirabile, Hedge Fund Investing: A Practical
Approach to Understanding Investor Motivation,
Manager Profits, and Fund Performance, 2nd Edition
(Hoboken, NJ: Wiley Finance, 2016).

CURRENT ISSUES IN FINANCIAL MARKETS

All new readings for 2018

New in 2018 Updated for 2018 Removed in 2018

GARP does not endorse, promote, or warrant the accuracy or quality of the products or services offered by PrepSmarter.
FRM, and Financial Risk Manager are trademarks owned by GARP.