Certificate in Trade Finance Compliance

CTFC is the new industry certification that will give you the knowledge and understanding you need to prevent trade-based financial crimes across the globe.

About the qualification

This qualification gives you the technical knowledge to succeed in trade finance compliance and the ability to apply expertise in a professional setting. It is a valuable benchmark for Trade Finance Operations Staff, Relationship Managers, Bank Audit and Compliance Staff, and Risk Managers. 
The wide-ranging scope of this international qualification includes:

  • anti money-laundering
  • countering terrorism financing
  • sanctions and anti boycott provisions
  • weapons of mass destruction
  • bribery and corruption
  • commercial fraud

Studying CTFC covers

The core text for the qualification is the excellent new publication Trade Based Financial Crime Compliance by Professor James Byrne of the Institute of International Law & Banking Practice (IIBLP). It has been written specifically to complement CTFC and is supported by an interactive module delivered by Coastline Solutions.
The study materials will:

  • Offer a detailed introduction to trade and trade products for professionals unfamiliar with its structure.
  • Identify the best practices for exercising due diligence in trade transactions.
  • Provide comprehensive steps in overcoming the common types of financial crimes that are facing financial institutions today.
  • Explain the indicators bankers need to be aware of in order to take proactive steps in preventing their financial institution from becoming a victim of financial crime or incurring a regulatory fine.
  • Discuss how financial institutions can identify and prevent the occurrence of money laundering, terrorism financing, bribery, commercial fraud and the proliferation of weapons of mass destruction.

The CTFC is a Level 4 qualification registered with Ofqual in the Regulated Qualifications Framework.

Registration fee £845 – price includes your study materials and exam entry
When to apply? Registrations are open all year round
No. of units       One
Study type This qualification is on demand. Everything is online and you can study at a pace that suits you.
Study material Comprehensive study materials are provided online only
Assessment type

CTFC is assessed through a single 2 hour 30-minute objective exam, split into two sections.

Section A
60 multiple choice questions (a total of 60 marks available for section A).

Section B

  • 5 multiple choice questions (1 mark each)
  • 5 multiple response questions (1 mark each)
  • 3 case studies comprising of a combination of questions, including questions requiring you to pair/match statements to a set of response.  (10 marks per case study)
  • A total of 40 marks available for Section B
You can choose when to take your CTFC exam and pick from test centres nationwide or through remote invigilation.
Assessment provider You can book your exam at one of our designated test centres around the world.

How To Book Your Pearson VUE Exam | LIBF 


New Registration Fee £845
Discount for Indian Candidates £59
Net Registration Fee £786
Exam Resit Fee £395
Recertification fee £200
Exam deferral fee £150

Register here: https://secure2.libf.ac.uk/pqf/registration.aspx?qualcode=ctfc

For more details, please visit: https://www.libf.ac.uk/study/professional-qualifications/trade-finance/certificate-in-trade-finance-compliance