FRM syllabus is more volatile than markets. I donot see the rationale of such rapidly changing syllabus.
If we accept the GARP’s argument that risk management is a rapidly changing profession, then what is the validity of certification 10 years down the road.
Believe there is an inherent interest in GARP to make FRM appear more relevant/updated than PRM.
GARP would do well to have a core set of books as CFA institute does than changing books for the sake of it.