Answer: I and III only

## Explanation Based on GARP's Code of Conduct and professional standards: - **I. Suspension of the GARP Member from GARP's Membership roles** - This is a valid sanction that GARP can impose for violations of their code of conduct. - **II. Suspension of the GARP Member's right to work in the risk management profession** - This is NOT a valid sanction. GARP does not have the authority to prevent someone from working in the risk management profession entirely, as this would require legal or regulatory action beyond GARP's scope. - **III. Removal of the GARP Member's right to use the FRM designation or any other GARP granted designation** - This is a valid sanction. GARP can revoke the right to use their professional designations for code violations. - **IV. Required participation in ethical training** - While this might be a reasonable educational measure, it's not typically listed as a formal sanction in GARP's disciplinary framework. Therefore, the correct combination is **I and III only**, which corresponds to option B. **Key Points:** - GARP can suspend membership and revoke designation rights - GARP cannot suspend someone's right to work in the profession - Ethical training may be recommended but isn't a formal sanction

Author: LeetQuiz .