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FRM Current Issues: 2026 readings and completion checklist

For 2026, GARP’s Part II Current Issues list contains eight readings across six themes: AI, private credit, geopolitics, government debt, digital assets and digital resilience. Use this assigned list, then connect each reading to a risk mechanism and response.

FRM Current Issues: 2026 readings and completion checklist: quick answer
ThemeAssigned publicationStudy question to take into the reading
AIIMF, October 2024 GFSR: AI in capital marketsHow can automation change market behavior?
AIFSB, November 2024: AI and financial stabilityWhere can shared providers and models create vulnerabilities?
Private creditBIS: global drivers of private creditWhat drives growth, and where might exposure become opaque?
GeopoliticsIMF, April 2025 GFSR, Chapter 2How can a geopolitical shock travel into portfolios and funding?
Government debtBIS Annual Economic Report 2023, Chapter IIHow do fiscal and monetary conditions interact with stability?
Digital assetsIMF: regulation of unbacked crypto assetsWhich risks require which regulatory response?
Digital assetsIMF, January 2025: tokenization and market inefficienciesWhich friction changes, and which risk remains?
Digital resilienceDigital Resilience and Financial Stability: policy toolsHow can disruption at a shared dependency spread?
Exam part
Part IIA distinct required area of the syllabus.
Reading inventory
8 readingsGrouped under six themes on GARP’s list.
Applicable edition
2026Recheck the list for a later exam year.

Collect the assigned item, not just a matching title

Open each reading from GARP’s official list and check the named publisher, document and chapter. Some entries point to a chapter in a larger report. Saving the report’s landing page or a summary article does not establish that you have the assigned material. Keep the official list beside your reading folder so you can reconcile all eight entries.

Publication year and exam year answer different questions. A paper published before 2026 can still be assigned for the 2026 exam. Do not replace it with a newer article simply because the newer date looks more current. Conversely, do not assume the 2026 list applies to a 2027 sitting until GARP publishes the relevant assignment.

Use an inventory with one row per paper, even when two share a theme. The two AI readings and two digital-asset readings are separate assignments. A tick against a broad theme can hide an unread paper. This page helps you gather and track the material; the topic and integration lessons explain how to work with its arguments.

Collect the assigned item, not just a matching title
Inventory fieldWhat it prevents
Exam year and official list linkUsing the wrong assigned edition.
Publisher, title and assigned chapterReading only a summary or the wrong part of a report.
Downloaded or accessibleDiscovering a missing source near the exam.
Read and reviewedTreating collection as completion.

Track completion without mistaking it for understanding

Separate three stages: you have obtained the paper, you have read the assigned material, and you can explain the relevant objectives. A downloaded file completes only the first stage. A highlighted file may complete the second, but still leave you unable to explain its evidence or limitations without looking.

After a reading session, record the specific objective you can address and the unresolved question that needs another pass. Avoid a vague status such as “AI done” when two papers and several ideas are involved. Put any unresolved item into a later review slot rather than leaving it in a folder of notes you never revisit.

For an illustrative twelve-week plan, assign one of the eight papers to each of the first eight weeks, then leave later time for review and integration. This is a scheduling example, not an official timetable or a claim that every paper takes equal effort. Adjust the hours to the length, difficulty and your existing knowledge.

Handle a changed link or a new exam-year list

If a publisher link changes or requires an access step, return to GARP’s assigned list before substituting material. Confirm the title and chapter rather than using the first search result with similar words. Where access remains unclear, use GARP’s official support channel to ask about the prescribed reading.

When a later exam-year list becomes available, compare it item by item. Mark retained, replaced and new readings, then update your calendar and coverage record. Keep older notes only where the relevant paper and objective remain applicable. The checked date on this page records the source review; it does not predict the next curriculum publication date.

Common questions

Should I replace the assigned readings with financial news?
No. Current news can provide context, but the exam-year Learning Objectives and required-reading list define the assigned work.
Why are some readings older than 2026?
The exam year identifies the assigned curriculum, not necessarily the paper’s publication year.
How can I fit eight readings into my preparation?
In the twelve-week Part II example, read one each week during weeks 1-8, then use week 9 to connect the themes and repair gaps.

Sources and editorial notes

By MiloPrep editorial team. Source check: . Official requirements and product information can change. Examples and planning allocations are independent teaching material, not official questions or passing standards.

MiloPrep is an independent study resource and is not affiliated with or endorsed by GARP or the named providers. FRM and provider names are trademarks of their respective owners. Editorial methodology.