FRM Required Readings

2026 FRM Current Issues Readings

• Artificial Intelligence
  
  

  IMF-Advances in Artificial Intelligence: Implications for Capital Markets Activities (GFSR, Oct 2024)

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  FSB-The Financial Stability Implications of Artificial Intelligence (Nov 2024).
  

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• Private Credit
  
  The Global Drivers of Private Credit (BIS, February 2025)
  
   
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• Geopolitical Risk
  
  International Monetary Fund. (2025). Global Financial Stability Report, April 2025. Chapter 2.
  
   
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• Risk of Rising Government Debt
  
  

  BIS Annual Economic Report, Section 2: Monetary and fiscal policy: safeguarding stability and trust.

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• Cryptocurrency and Digital Assets
  
  

  IMF Regulating the Crypto Ecosystem: The case of Unbacked Crypto Assets.
  

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  Tokenization and Financial Market Inefficiencies (IMF Fintech Note, Jan 2025).
  

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• Digital Resilience
  
  

  Digital Resilience and Financial Stability: The Quest for Policy Tools in the Financial Sector.

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