New Certificate in International Trade Finance launched

  • 10 March 2014
Incoterms® rules

On 13 March 2014 an updated version of a leading qualification for international trade finance professionals is set to be launched.

The Certificate in International Trade and Finance (CITF®) has been jointly developed by ICC and leading financial education body ifs University College.

CITF® is a professional qualification for trade, export and commodity finance executives who need to gain and demonstrate a thorough understanding of key procedures, practices and legislation in trade finance on an international level.

Comprising one mandatory unit, CITF® has been developed in consultation with trade finance experts from across the world and covers key concepts including guarantees and standby credits; ICC international model contracts; the trade environment and role of ICC and the nature of financial, commercial and transport documents used in international trade risk.

To celebrate the launch of the new qualification, ifs University College, ICC and European Bank for Reconstruction and Development (EBRD) will be hosting a private reception in London. The event, which will include keynote speeches from Chief Executive of the UK Financial Services Investment Organisation, Sue Langley, and Chair of the ICC Banking Commission, Kah Chye Tan.

Thierry Senechal, Senior Policy Manager, Banking Commission, ICC said: “The ICC-IFS international accreditation is another major step forward to level the playing field for trade finance professionals. This certificate is also a unique, far-sought opportunity for trade finance professionals around the world, particularly in emerging economies, to obtain a much needed credible educational standard in the industry.”

Anne Kiem, Chief Information Officer at ifs University Collegesaid: “The launch of CITF® marks a great opportunity for international trade finance professionals to acquire the professional skills and technical knowledge they will require in their day-to-day roles.

“Through the support of ICC, ifs University College looks forward to supporting the next generation of trade finance professionals achieve their career goals.”