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Updated: Oct 09, 2026

No. of Questions: 390 Questions & Answers with Testing Engine

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Choosing Purchase: "Online Test Engine"
Price: $69.00 

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GARP 2016-FRR Exam Overview:

Certification Vendor:GARP (Global Association of Risk Professionals)
Exam Name:Financial Risk and Regulation (FRR) Series Exam
Exam Number:2016-FRR
Certificate Validity Period:Certificate awarded upon passing; validity period not explicitly fixed (depends on GARP certification status rules)
Exam Price:USD 425 (member) / USD 500 (non-member, course registration fee; exam included in registration)
Exam Duration:175 (CBT official exam format; some third-party sources cite 120 minutes for practice versions)
Related Certifications:FRM (Financial Risk Manager)
Available Languages:English, Chinese
Real Exam Qty:80 (official FRR Series CBT format)
Exam Format:Multiple-choice questions, Computer-based testing (CBT), Online proctored (OnVUE) or test center
Passing Score:Not officially published by GARP (approx. ~67.5% in practice references)
Recommended Training:GARP FRR Study Guide & Learning Objectives
FRR Course Overview
Exam Registration:Official GARP FRR Registration
Sample Questions:GARP 2016-FRR Sample Questions
Exam Way:Computer-based exam (Pearson VUE OnVUE online proctoring or authorized test centers)
Pre Condition:No strict prerequisite; recommended basic knowledge of banking, finance, or risk management
Official Syllabus URL:https://www.garp.org/courses/financial-risk-and-regulation

Beneficial link for the study about the GARP 2016-FRR:

Information About the GARP 2016-FRR Certification Exam

Elaborate the registration process for the GARP 2016-FRR Certification:

Steps to register for the GARP 2016-FRR Certification are as below:

  • Step 3: Pay online with a credit card or PayPal account. After you have created a new Pearson VUE profile, you will be prompted to pay for your 2016-FRR. The pricing is listed above. Payments can be made by credit card or by PayPal account.

  • Step 4: Schedule your 2016-FRR. After you have paid for it, click the “Schedule Exam” button to schedule the date and time. This pattern is important for particular dates. The date and time will be immediately confirmed after you schedule.

  • Step 1: Log in to your GARP account

  • Step 2: Enter the code in the FRR field, and click “Update”. You can find this when you choose to take the 2016-FRR in the “Studying with Tools” tab. After that, click “Studying with Tools” to access a study plan that includes a list of learning materials, including sample exams.

  • Step 5: Print a confirmation email and bring it with you to the testing center.

You should also be aware of the following information about the 2016-FRR

To maintain the GARP 2016-FRR Certification, you are required to have continuous learning. If you are not able to study for this certification every year, you will lose the certificate. You can maintain your certification status by taking advantage of various alternative paths to the examination. Self-study is one of these routes. You will need to study hard in order to clear it because it has a high passing score. But if you are unable to take it every year, you should consider taking self-study courses instead. This will allow you to keep your skills sharp without the stress of having to take an examination that is very difficult and can be overwhelming for some people. Copyright law protects the contents of our GARP 2016-FRR exam dumps to ensure that they are always updated. If you are interested in getting your certification to work for you, do not hesitate to contact us.

If you fail the GARP-FRR, you will have to wait until the next examination window opens. The next window generally starts within three months of the previous one ending. In order to pass the next examination, you should follow a successful study plan that includes self-study resources and live training courses. It is recommended by 2016-FRR practice exams that you schedule multiple dates because there is a high possibility that you will not be able to take any of them. If there are too many changes in your schedule, you will not be ready to take 2016-FRR on your scheduled dates. It is necessary that you give yourself enough time to prepare for this successfully.

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

GARP 2016-FRR Exam Syllabus Topics:

SectionObjectives
Topic 1: Credit Risk Management- Credit Risk Fundamentals
  • 1. Expected vs unexpected loss concepts
    • 2. Portfolio credit risk and diversification
      • 3. Credit scoring and credit products
        Topic 2: Operational Risk Management- Operational Risk Framework
        • 1. Risk identification and control frameworks
          • 2. Loss event types and reporting
            Topic 3: Market Risk Management- Market Risk Measurement
            • 1. VaR and expected shortfall
              • 2. Interest rate, FX, equity and commodity risk
                • 3. Stress testing and scenario analysis
                  Topic 4: Asset and Liability Management- Balance Sheet Risk Management
                  • 1. Funding and maturity mismatch
                    • 2. Interest rate risk in banking book
                      • 3. Liquidity risk management

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                        Frequently Asked Questions

                        What kinds of study material TopExamCollection provides?

                        Test Engine: 2016-FRR study test engine can be downloaded and run on your own devices. Practice the test on the interactive & simulated environment.
                        PDF (duplicate of the test engine): the contents are the same as the test engine, support printing.

                        How long can I get the 2016-FRR products after purchase?

                        You will receive an email attached with the 2016-FRR study material within 5-10 minutes, and then you can instantly download it for study. If you do not get the study material after purchase, please contact us with email immediately.

                        How does your Testing Engine works?

                        Once download and installed on your PC, you can practice 2016-FRR test questions, review your questions & answers using two different options' practice exam' and 'virtual exam'.
                        Virtual Exam - test yourself with exam questions with a time limit.
                        Practice Exam - review exam questions one by one, see correct answers.

                        Can I get the updated 2016-FRR study material and how to get?

                        Yes, you will enjoy one year free update after purchase. If there is any update, our system will automatically send the updated study material to your payment email.

                        What's the applicable operating system of the 2016-FRR test engine?

                        Online Test Engine can supports Windows / Mac / Android / iOS, etc., because it is the software based on WEB browser. You can use it on any electronic device and practice with self-paced.
                        Online Test Engine supports offline practice, while the precondition is that you should run it with the internet at the first time.
                        Self Test Engine is suitable for windows operating system, running on the Java environment, and can install on multiple computers.
                        PDF Version: can be read under the Adobe reader, or many other free readers, including OpenOffice, Foxit Reader and Google Docs.

                        How often do you release your 2016-FRR products updates?

                        All the products are updated frequently but not on a fixed date. Our professional team pays a great attention to the exam updates and they always upgrade the content accordingly.

                        Do you have money back policy? How can I get refund if fail?

                        Yes. We have the money back guarantee in case of failure by our products. The process of money back is very simple: you just need to show us your failure score report within 60 days from the date of purchase of the exam. We will then verify the authenticity of documents submitted and arrange the refund after receiving the email and confirmation process. The money will be back to your payment account within 7 days.

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