2018 Frm Part 2 Curriculum Changes 41u2g

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 Adjustment: A Continuing Challenge for Global Financial Markets, 2nd Edition (West Sussex, UK: John Wiley & Sons, 2012).

Jon Gregory, The xVA Challenge: Counterparty Credit Risk, Funding, Collateral, and Capital, 3rd Edition (West Sussex, UK: John Wiley & Sons, 2015).

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 Derivatives CR-15: Credit Value Adjustment

CR-14: Default Probabilities, Credit Spreads, and Funding Costs 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 1—32 only)

RISK MANAGEMENT AND INVESTMENT MANAGEMENT IM-11: Performing Due Diligence on Specific Managers and Funds

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).

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

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