Hi, Checking the CPD status on the GARP website, some say they are not confirmed meaning in pending state. I got them by attending the some webinar, 1 even not real time and recorded. How and when GARP will approve the pending, do you know.
Congratulations all whos experience was accepted and are now certified FRM, mine
Date Work Experience Submitted: 07-12-16
Date Certified FRM by GARP: 08-02-16
# days to certify: 21 days
CONFIRMED - NIKET NATH, FRM
Hi @David Harper CFA FRM.
The Capital ratios are 4.5%, 6% and 8% , with CCB its 7%, 8.5% and 10.5%,
Now the RWA is 100 and the buffers are
5 for CE Tier 1, 2 for Additional Tier 1, 3.5 for Tier 2
Bank satisfies capital requirements ? We have 4 options.
a) Yes, because its Total Capital Ratio...
Looking at the table of Liquidity Horizons for risk factors, would you say that there is a general way to determine if the LH will be higher for some risk factors than other. some order to remember for the exam like the LH for securitized spread should be lower than the non-securitized...
Hi @David Harper CFA FRM, In 2 separate questions on Gregory's Question Set there is the idea of legal ownership of the collateral and also if its different in case of re-hypothentication (re-use). I just want to be clear of the legal ownership is transferred or not.
Question 406.2 Option B is...
Hi @David Harper CFA FRM
Refer to the post above and your reply below
If the MVAR (X) is greater than MVAR (Y) then in-order to get optimal portfolio increase...
Is this statement correct?
the delta-normal VaR cannot be expected to provide an accurate estimate of true VaR over ranges where deltas are unstable. Deep out-of-the-money and deep in-the-money options have relatively stable deltas. Over these ranges, the relationship between the value of the...
If we are using the KMV model and Long Term Debt (LT) / Short Term Debt (ST) > 1.5 then the threshold is equal to
ST + (0.7 - 0.3 *ST /LT) as per ppt below.
Is this correct or should it be
Threshold = ST + (0.7 - 0.3 *ST /LT) * LT
Hi @ShaktiRathore @David Harper CFA FRM, If we had to scale the lognormal VAR using the square root rule i.e. if we are given annual return and volatility, should we scale down the mean and volatility before calculating lognormal var or scale down the calculated log normal var. In the below...
Hi @David Harper CFA FRM , @brian.field @afterworkguinness , I think meissner says conflicting things in between chapter 1 and chapter 3. Which one is correct ? Is there a difference between the "correlation of the assets of the CDO" and "negative correlation between equity and senior tranche"...