Answer: I and III only

## Explanation According to the GARP Code of Conduct and professional standards: - **I. Suspension from GARP's Membership roles** - This is a valid disciplinary action that GARP can impose - **II. Suspension of the right to work in the risk management profession** - GARP does NOT have the authority to suspend someone's right to work in the profession; this would be determined by regulatory bodies or employers - **III. Removal of the right to use the FRM designation** - GARP can revoke the use of their granted designations - **IV. Required participation in ethical training** - This is a valid disciplinary measure that GARP can require Therefore, the correct combination is **I and III only** (Option B), as GARP can suspend membership and remove designation rights, but cannot suspend someone's right to work in the profession.

Author: LeetQuiz Editorial Team