GARP FRM Part II Official Resources: Guides and Policies

Find GARP's FRM guides, learning outcomes, exam policies and 2026 reading boundaries, with dated-source guidance for regulatory examples.

Start with GARP’s controlling materials

Official sourceUse it for
FRM Program and ExamsExam format, six Part II domains and the certification pathway
FRM Study MaterialsBooks, Learning Objectives, Study Guide, practice materials and the errata route
2026 Learning ObjectivesAssigned outcomes and the boundaries of each assessed reading
2026 Study GuideAssigned readings and approximate topic weights
2026 Current Issues readingsThe eight assigned papers and their source links
FRM FAQsFormula knowledge, program questions and changing candidate-policy details
Exam LogisticsAppointment, testing and calculator logistics
Exam PoliciesCandidate conduct, identification and applicable assessment policies

Source check: October 15, 2026. The reviewed 2026 Learning Objectives, Study Guide and Candidate Guide carry a March 2026 revision footer. The public landing page’s older update label and our source-check date are not the document’s edition. No 2027 curriculum has been verified for this release.

Read the assigned Current Issues set

The 2026 Part II list includes:

  • IMF, Advances in Artificial Intelligence: Implications for Capital Markets Activities (2024).
  • FSB, The Financial Stability Implications of Artificial Intelligence (2024).
  • BIS, The Global Drivers of Private Credit (2025).
  • IMF, Global Financial Stability Report, Chapter 2 (April 2025), on geopolitical risks.
  • BIS, Monetary and fiscal policy: safeguarding stability and trust, Annual Economic Report, Section 2 (2023).
  • IMF, Regulating the Crypto Ecosystem: The Case of Unbacked Crypto Assets (2022).
  • IMF, Tokenization and Financial Market Inefficiencies (2025).
  • Banco de España, Digital Resilience and Financial Stability, The Quest for Policy Tools in The Financial Sector (2023).

Follow GARP’s assigned citation and selected sections, not an arbitrary newer paper with a similar title. The crypto reading’s publication/version history and proposals need their dated context. Empirical associations and conditional scenarios are not guaranteed outcomes or universal causal effects.

Regulatory and source boundaries

Use the Basel Framework for authoritative Basel definitions, then check the jurisdiction and effective period. Historical market-risk and operational-capital frameworks remain useful assigned material; a Basel standard is not automatically current national law.

For model-risk supervision, Federal Reserve SR 26-2 is the April 2026 successor to SR 11-7 and SR 21-8. The assigned FDIC June 2017 reading remains a distinct historical assessment reference. Match the case’s date and framework before selecting a rule.

Authenticated 2026 errata and complete paid-book case text were not available for the public-source review. Check corrections in your GARP account; do not infer that inaccessible corrections do not exist. Our cases supply their necessary facts rather than reproduce proprietary official questions.

Use the Blueprint to organize scope, the Cheat Sheet for concise checks and the Study Plan to schedule reading and practice. These are independent preparation aids, not substitutes for the official curriculum.