Launch event for the new Certificate in International Trade Finance - Global Banking & Finance Review
Image from the launch of the new Certificate in International Trade Finance, highlighting the collaboration between ifs University College and ICC to enhance skills for trade finance professionals.
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NEW CERTIFICATE IN INTERNATIONAL TRADE FINANCE LAUNCHED

Published by Gbaf News

Posted on March 11, 2014

2 min read

· Last updated: October 31, 2023

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CITF

CITF

Updated Qualification Set for Trade Finance

On 13 March 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 leading financial education body ifs University College and the world’s foremost trade organisation, the International Chambers of Commerce (ICC).

Who Should Pursue the CITF Certification

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.

Key Features and Content of CITF

Comprising of 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.

Launch Event and Industry Collaboration

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.

Anne Kiem, Chief Information Officer at ifs University College said:

NEW CERTIFICATE IN INTERNATIONAL TRADE FINANCE LAUNCHED

NEW CERTIFICATE IN INTERNATIONAL TRADE FINANCE LAUNCHED

“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.”

Thierry Senechal, Senior Policy Manager, Banking Commission, ICC said:

“The ICC-ifs University College international accreditation is another major step forward in levelling the playing field for trade finance professionals. This certificate is also a unique, widely-sought opportunity for trade finance professionals around the world, particularly in emerging economies, to obtain a much needed credible educational standard in the industry.”

Registration Dates and Further Details

Registrations for the qualification will be open from 1 April to 4 August 2014. For more information on CITF®, please visit: institute.ifslearning.ac.uk/citf

Key Takeaways

  • Updated Certificate in International Trade and Finance (CITF®) launched 13 March 2014.
  • Jointly developed by ifs University College and International Chamber of Commerce.
  • Qualification includes one mandatory unit covering key trade finance procedures, documents, and ICC rules.
  • Launch celebrated with a private reception in London featuring ICC and UK financial leaders.
  • Focuses on enhancing skills for trade, export, and commodity finance professionals globally.

References

Frequently Asked Questions

Who developed the CITF® qualification?
ifs University College in partnership with the International Chamber of Commerce (ICC).
When was the updated CITF® launched?
On 13 March 2014.
What does the CITF® cover?
Key procedures, practices and legislation in international trade finance, including guarantees, standby credits, ICC model contracts and trade documents.
Was there an event to mark the launch?
Yes, a private reception was held in London with keynote speeches by Sue Langley and Kah Chye Tan.
Who is the CITF® aimed at?
Trade, export and commodity finance professionals seeking international trade‑finance expertise.

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