The International Certificate in Banking Risk and Regulation is designed to allow students to develop their knowledge and understanding of banking risk, regulation and supervision. The Certificate is also intended to provide a foundation level of education for those who wish to develop their careers in specialist areas of banking risk management and regulatory compliance.

Candidates for the International Certificate are required to have both a reasonable understanding and some experience of banking. Therefore they are expected to know terms commonly used in the finance industry.

Successful candidates will be expected to show a knowledge and understanding of banking risk and the regulatory framework provided by the Basel Committee on Banking Supervision, and contained in:

1. The 1988 Basel I Framework (International Convergence of Capital Measurements and Capital Standards)
2. The 1996 Market Risks Amendment (Amendment to the Capital Accord to Incorporate Market Risks)
3. The 2004 Basel II Framework (International Convergence of Capital Measurements and Capital Standards: A Revised Framework).

Successful students will also be required to develop some understanding of other aspects of risk-based management, notably treasury risk management and governance structures for the management of risk in banks.

To obtain the International Certificate in Banking Risk and Regulation, students will be required to pass examinations in two compulsory modules:

Module 1: An Introduction to Risk and Regulation in Banks
Module 2: Banking Risks – Measurement, Supervision and Disclosure

Both exams will consist of multiple-choice questions. Candidates must first pass Module 1 before proceeding to Module 2. Each module exam will consist of 60 multiple-choice questions and will last 90 minutes. Each module exam will be given electronically and is offered through Pearson VUE test centers located across the world. Details of these test centers can be found on the Pearson VUE web site at www.vue.com/garp.

These tools are at no extra cost and are included in the exam fee.

Paperback Study Guide

GARP will provide a paperback study guide for each Module exam immediately after registration. In this text you will have extensive literature which coincides with the exam you will later be taking. There are also multiple sample questions for each chapter, which will help you in preparation for the exam.

GARP’s E-Learning Program



GARP provides a program which will enable you to study during travel on your personal laptop or anywhere with internet access. The GARP E-Learning experience through Moody’s Training Service will provide you with all the same advantages as our paperback text and more. You may begin with our Orientation which conveniently introduces you into the E-Learning process. Then you can proceed to the Classroom exercises, which will thoroughly prepare you for the upcoming exam. Not sure if you’re ready? Why not put yourself to the test with our multiple practice exams.


A full syllabus for the International Certificate in Banking Risk and Regulation can be downloaded by clicking here.