I would like to know if someone took part in the CPD from GARP and could share some experience? Is it correct that you get at the end of the 2-year circle a letter with your Achievements and thats it? Dont know exactly but for me it sounds a little bit like GARP wants to hold his GARP...
For your interest:
2) I think I read all the notes (but more like a "skim reading"). For more details I used the GARP Books
3) To speak the truth - I did nearly no exercises (at least in a classical sense). I followed my own strategy: I created a formula summary out of...
Im reading that about 42'000 people were registrated for the 2015 Exams. That means (if you asume 50/50) that 21'000 people have attended the November exam and hence (lets say) 40% P2 in Nov? So 8'400 People? Would this be realistic?
I think there are 2 options:
1) As far as I remember it was only told about the credit worthiness of the counterparty and the view is "our" firm". So CVA.
2) It could be the case that they told about the credit worthiness of of our counterparty but the view is the counterparty, Then DVA -->...