Press Room

Breaking news and updates about the Global Association of Risk Professionals

Press inquiries? Contact our team.

June 2024

GARP Launches Certificate Program on Risk and Artificial Intelligence

The new Risk and AI (RAI ™) Certificate is designed to help professionals understand and manage the risks associated with AI. Registration opens August 1.

Read More

April 2024

GARP Publishes Inaugural Global Survey of Nature Risk Management Across Financial Firms

Conducted by GARP Risk Institute, our first-ever nature risk survey reveals a growing regulatory focus in the area, despite only 25% of firms having identified nature-related risks or opportunities at this time.

Read More

September 2023

GARP Continues Its Strong Support of Risk Management Education Across China

As part of an ongoing effort to support China’s promotion of education and best practices in risk management, GARP CEO Richard Apostolik gave a special keynote speech at a top ESG forum while the Association promoted risk education at the 2023 China International Fair for Trade in Services.

Read More

August 2023

GARP’s Financial Risk Manager (FRM®) Certification Benchmarked to Master’s Degree Level After Ecctis Reevaluation

Ecctis, an internationally-recognized authority on global qualifications, has reaffirmed the FRM Certification’s master’s degree compatibility in nine countries and regions including Brazil, China, Japan, Mexico, and the UAE.

Read More

April 2023

GARP Continues Its Commitment to Climate Risk Management With Fourth Anniversary Event for Chapter Zero

The special London event on April 18 strengthened GARP’s partnership with the U.K. organization working to transform net-zero ambitions into action.

Read More

January 2023

GARP Celebrates 25th Anniversary of Flagship Financial Risk Manager (FRM®) Certification

Created in 1997, the FRM has been successfully earned by over 77,000 professionals to date, with many more scheduled to take their Exams in 2023.

Read More

January 2023

GARP Launches New Chapter in Japan

Kicking off with a January 18 event in Tokyo on climate change risk, the Chapter will offer educational and networking opportunities for risk professionals in Japan to share best practices and stay on top of emerging trends.

Read More

September 2022

Fourth Annual GARP Climate Risk Survey Reveals Steady Progress Amid Increased Regulatory Scrutiny

Conducted by the GARP Risk Institute, the latest climate risk survey received participation from 62 leading financial institutions around the world.

Read More

July 2022

GARP and UNEP Finance Initiative Share New Collaborative Paper on Climate Risk Management

GARP Risk Institute and the United Nations Environment Programme Finance Initiative released a special report today that offers insights into creating board-level climate dashboards.

Read More

June 2022

GARP CEO Richard Apostolik Delivers Keynote Address at China ESG Investment and Development Forum

The June 10 speech included insights on climate risk management challenges and best practices for climate risk managers.

Read More

March 2022

GARP Announces New August 2022 Date for FRM Exam Part I

This year's Financial Risk Manager (FRM®) Exam schedule will now include an additional date in August, providing Part I candidates with increased flexibility in 2022.

Read More

January 2022

New Global Practice Analysis Report Reveals Key Insights Into Financial Risk Profession

Nearly 1,000 Financial Risk Managers (FRM®) were surveyed, with emerging trends including a growing emphasis on operational risk and resiliency skills.

Read More

December 2021

Financial Risk Managers Report Mixed Confidence in Firms’ Preparedness for LIBOR Transition

A new survey from GARP Benchmarking Initiative (GBI) finds just 10% of FRMs believe their firm is “completely” ready for a post-LIBOR world.

Read More

October 2021

Renowned Finance Expert John Hull to Serve as Senior Advisor to GARP’s FRM Advisory Committee

Hull will help steer the development of future curriculum for the world’s leading risk certification.

Read More

September 2021

GARP Survey Finds Increasing Use of Scenario Analysis to Manage Climate Change Risk

Conducted by the GARP Risk Institute, the “Third Annual Global Survey of Climate Risk Management at Financial Firms” received participation from 78 leading financial institutions around the world.

Read More

August 2021

Today’s Digital Currencies Pose a Myriad of Significant Risks for Financial Institutions

A new GARP primer addresses the various forms of digital currencies, what gives them value, and the myriad of risks they pose to financial institutions, nonfinancial firms, and investors.

Read More

GARP Announces Boost to Climate Risk Education in Ireland With Support From Sustainable Finance Skillnet

The Sustainability and Climate Risk (SCR®) Certificate is now eligible for government funding in Ireland through Sustainable Finance Skillnet as part of a commitment to promote climate risk education in the region.

Read More

July 2021

GARP Announces Partnership With Indian Institute of Banking and Finance (IIBF)

GARP and the IIBF will work together to support the growth and development of skilled risk professionals in India.

Read More

May 2021

Financial Risk Managers Support Increasing Regulation on Prime Brokers, Family Offices

A new GARP survey reveals a majority of Financial Risk Managers (FRM®) support increasing regulatory requirements on prime brokers and family offices in the wake of the Archegos Capital Management meltdown.

Read More

GARP Sees Strong Growth in Academic Partnerships Program

GARP continues to expand its roster of Financial Risk Manager (FRM®) Academic Partners, recently approving the Master of Applied Finance program at the University of Western Australia and the Master of Business Administration program at the Asian Institute of Management.

Read More

GARP Expresses Concern for COVID Situation in India

GARP expresses its heart-felt concern for citizens of India as the country navigates the COVID crisis.

Read More

GARP Adds Asia-Pacific Buy Side Risk Managers Forum

Building on its successful U.S. and European-based Buy Side Risk Managers Forums, GARP announced the launch of the Asia-Pacific Buy Side Risk Managers Forum.

Read More

March 2021

Majority of Risk Managers Optimistic About Profession’s 2021 Outlook

A new report from GARP reveals a majority of risk managers are optimistic about the profession’s outlook, with COVID-19 and economic uncertainty amplifying the need for strong organizational risk management.

Read More

February 2021

New GARP Research on Leveraged Loan Defaults in 2021

GARP surveyed nearly 90 Certified FRMs active in leveraged loans and CLOs to understand their views on these markets, which experienced a turbulent 2020.

Read More

December 2020

Socially Responsible Business Practices Dominate Third Global Energy Risk Forum

Discussion Part of a Year-Long Plan from GARP and IEF to Foster Energy Risk-Related Dialogue

Read More

November 2020

GARP Announces Market-Driven Changes to Its Energy Offerings

2021 To Be Last Year of ERP Exams; Other Offerings Enhanced

Read More

October 2020

GARP and IEF Preside Over Second Global Energy Risk Forum

Virtual discussion centered on sustainability and energy investment trends

Read More

September 2020

GARP Announces 2021 Transition to Computer-Based Testing for FRM® Exam

To provide candidates with more options as they face the uncertainty of the COVID-19 crisis, GARP is making several enhancements to the administration of its flagship Financial Risk Manager (FRM) Exam in 2021. This includes adding more testing windows and transitioning to computer-based testing (CBT).

View in Mandarin - 阅读中文版

Read More

GARP to Co-Sponsor Second Annual Shanghai Chief Risk Officer Forum

GARP will co-sponsor the 2020 Shanghai Chief Risk Officer Forum to be held live and virtually on September 19, with Shanghai University of Finance and Economics (SUFE). The Forum brings together international and Chinese regulators, practitioners and scholars to discuss key risk issues. Speakers include Richard Apostolik, President and CEO of GARP.

Read More

Top Energy Leaders Convene at Global Energy Risk Forum

On July 21, GARP and the International Energy Forum (IEF) hosted the first Global Energy Risk Forum, a virtual, executive-level discussion on the evolving state of the energy industry and the impact of COVID-19 on energy market volatility.

Read More

July 2020

GARP Updates 2021 Exam Process for Sustainability and Climate Risk Certificate

Amid increasing demand for climate risk education, the Global Association of Risk Professionals (GARP) announced changes to its Sustainability and Climate Risk (SCR®) Certificate Exam for 2021. The Exam schedule will not change in 2020.

Read More

Risk Managers Adapt to Remote Work as Productivity and Stress Loom as Key Concerns

GARP surveyed 250 certified FRMs to understand the effect the COVID-19 pandemic and remote work have had on both companies and risk professionals.

Read More

June 2020

GARP Announces Transition of ERP Exam to Computer-Based Testing in 2021

The Global Association of Risk Professionals (GARP) announced today it will exclusively administer its Energy Risk Professional (ERP®) certification Exam via computer-based testing (CBT) beginning in May 2021.

Read More

May 2020

2020 Global Benchmarking Survey Reveals Growing Prioritization of Climate Risk Management

GARP conducted its second annual Global Benchmarking Survey, featuring participation from 71 leading financial institutions around the world — almost triple the number in 2019 — including banks, asset managers, insurers, and other firms with a total market capitalization of $3.8 trillion.

Read More

April 2020

GARP Opens Registration for Sustainability and Climate Risk Certificate

Registration opens May 1 for the Sustainability and Climate Risk (SCR®) Certificate, the newest offering in risk management learning from the Global Association of Risk Professionals (GARP). The SCR Certificate is the first-ever global climate risk management program, designed to help businesses address the risks associated with climate change.

Read More

March 2020

FRM and ERP Exams Rescheduled

GARP has announced a revised schedule of its global Exams for both the Financial Risk Manager (FRM®) and Energy Risk Professional (ERP®). May 2020 Exams will be rescheduled to October 24, 2020 for all global candidates, except for those scheduled to take the test in India. Candidates in India will be automatically deferred to the previously scheduled November 21, 2020 Exams date.

View in Mandarin - 阅读中文版

Read More

GARP to Postpone May Exams Due to Uncertainty Surrounding COVID-19

“Given the global uncertainty around this pandemic, we must focus on the health and safety of exam participants and partners. As a result, we are postponing the May exam around the world,” said Richard Apostolik, CEO of GARP. “We are very saddened and disappointed that we are unable to hold the exams in May, but we know it’s the right decision based on the information we have today.”

View in Mandarin - 阅读中文版

Read More

January 2020

GARP Closely Monitoring Coronavirus Situation

The Global Association of Risk Professionals (GARP) is closely watching the coronavirus situation and monitoring government announcements and restrictions related to it.

Read More

GARP Launches Certificate on Sustainability and Climate Risk

The Global Association of Risk Professionals (GARP) announced today that it is launching a new certificate in sustainability and climate risk (SCR), designed to help professionals understand and manage the potential economic and operational impacts of a changing climate on their organizations.

Read More

February 2018

GARP Names Andrew Lo Risk Manager of the Year

MIT Sloan School finance professor is honored for his extensive and distinguished academic work and contributions to the risk management profession.

Read More

We are a not-for-profit organization and the leading globally recognized membership association for risk managers.

weChat QR code.
red QR code.

BylawsCode of ConductPrivacy NoticeTerms of Use © 2024 Global Association of Risk Professionals