GARP Financial Risk and Regulation (FRR) Series 2016-FRR Question # 23 Topic 3 Discussion

GARP Financial Risk and Regulation (FRR) Series 2016-FRR Question # 23 Topic 3 Discussion

2016-FRR Exam Topic 3 Question 23 Discussion:
Question #: 23
Topic #: 3

BetaFin, a financial services firm, does not have retail branches, but has fixed income, equity, and asset management divisions. Which one of the four following risk and control self-assessment (RCSA) methods fits the firm's operational risk framework the best?


A.

RCSA questionnaire approach


B.

RCSA workshop approach


C.

RCSA loss data approach


D.

RCSA scenario analysis approach


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