Hi - I was not able to find any forum posts for FRM Part 1, Valuation and Risk Model - Operational Risk.
I have two questions -
1. For Standardized approach, we have two versions in texts, one that was effective from 2020 and other from 2022. Although we sometimes need to know older methodologies, do I need to memorize the 2020 one?
2. We do not have a video review for this topic and neither practice question sets for Part 1 operational risk. How does FRM test this topic?
I have two questions -
1. For Standardized approach, we have two versions in texts, one that was effective from 2020 and other from 2022. Although we sometimes need to know older methodologies, do I need to memorize the 2020 one?
2. We do not have a video review for this topic and neither practice question sets for Part 1 operational risk. How does FRM test this topic?