Core reading

[narayananvenkat]

David..

In the core reading
45. Ellen Davis (editor), Operational Risk: Practical Approaches to Implementation (London: Risk Books, 2005).

• Chapter 12 – Aligning Basel II Operational Risk and Sarbanes‐Oxley 404 Projects, by Nick Bolton and Judson Berkey.

This seemsto be an article by the said author and I have subscribed to operations risk and compliance website through whom I was able to obtain a official copy. (which runs to 4 pages only. I am a bit confused whether is this the same what the core reading book contains (which costs US $ 14 to download from FRM!). For the sake of code of conduct I ahave not shared this. !!!????

Please help.
venkat

 

[David Harper CFA FRM]

Hi venkat,

My chapter from the book runs 10 (short) pages for this reading (pp 237-246), so yours may be truncated (but our notes will summarize this reading frankly, which is basically a long checklist, it is not worth $14 ??!!)

David

 

[narayananvenkat]

Hi David..

Thanks and it was indeed helpful tip. I know your notes will cover this, however I am trying to possess as much material . th cost I meant is with reference to FRM pricing and not referring to the reading.

Regards
venkat

 

[narayananvenkat]

David..

Also looks like the follreading is dropped as compared to AIMS
18. Saunders, Financial Institutions Management, 6th Edition.
• Appendix 15A – Mechanisms for Dealing with Sovereign Risk Exposure

Any comment
venkat

 

[David Harper CFA FRM]

Hi venkat,

In (revised) AIMs, I do see Saunders 15A. They are:

Anthony Saunders and Marcia Millon Cornett, Financial Institutions Management: A Risk Management Approach, 6th Edition (New York: McGraw‐Hill, 2008). Chapter 15 (excluding Appendix 15A) - Sovereign Risk

AIMS – After completing this reading, candidates should be able to:
• Explain the differences between credit risk and sovereign risk
• Compare debt repudiation versus debt rescheduling
• Explain the role of the following variables in country risk evaluation
o Debt service ratio
o Import ratio
o Investment ratio
o Variance of export ratio
o Domestic money supply growth
• Explain the common problems with statistical country risk evaluation models

Maybe you have the first AIM version?

David

 

[narayananvenkat]

David..
Is there revised AIMS. I find from GAR website the same reading I have. Also Item 18 in study guide varies from AIMS.
venkat

 

[David Harper CFA FRM]

venkat - There have been 2 AIM versions, but the GARP website (I would hope) should reflect the most recent. I will forward this information to our GARP contact - I am sure they intend no difference...I'll let you know tomorrow what they say...David

 

[Karthik & Vaidy]

Dear David

I have enrolled for the full exam. Please provide with the link line for enrolling into the bionic program. Also please specify the timetable schedule. Please offer some discount as I am a returning candidate.

With Regards
M.Karthik

 

[Suzanne Evans]

Your enrollment expires June 2, 2009, therefore you can and will want to renew. You may purchase normally as you did last and the system will recognize you as a returning user. You will be given a $100 discount being a returning user. Your purchase price after the discount should be $299.00 for the full ($399 - $100 for returning).

The schedule may be viewed at the following link: http://www.bionicturtle.com/products/announcement/2009_frm_publish_schedule/

If you have any additional questions, please do not hesitate to ask.

Thank you,
Suzanne
Bionic Turtle