Introduction to Trade Finance Compliance - eCourse

Get a high-level overview of the compliance obligations of financial institutions engaged in trade finance, including the “Know Your Customer” requirements

Accredited by

BAFT-Logo
LIBF_Logo_Black&Rust_small
GTPA

LEARNING OBJECTIVES

By the end of this eCourse you will be able to:

Understand the role of regulatory bodies such as the Financial Action Task Force (FATF) the United Nations and The Bank for International Settlements.

Define what a "risk-based approach" means.

Define what Know Your Customer (KYC) requirements are and explain how they are applied to trade finance transactions.

Describe trade-based money laundering policies.

Explain the global implications of sanctions, embargoes, and NPWMD.

Explain the function of national and cross jurisdictional regulations.

Describe the elements of a 'risk-based approach' to financial crime compliance.

Identify the specific implications of KYC on the parties to trade finance transactions.

List and describe the “Three Lines of Defence” model for financial crime compliance.

Explain the levels of financial crime compliance transaction control and the implications of transaction review.

COURSE STRUCTURE & CURRICULUM

Access period

12 months

Duration

3 hours

Credits/CPDs

Parent Certificate

Lessons

7

Language

English

Who should take this course?

General practitioners working in banks, corporates, or financial institutions in functions such as relationship management, credit and compliance, but with an interest in trade finance.

COURSE AUTHOR

Dan_Taylor

Dan Taylor

Principal, DLTaylor Consulting, LLC

Dan Taylor has forty years’ experience in the field of international banking and is currently Senior Advisor to the Executive Committee of the International Chamber of Commerce Banking Commission. From 1996 to 2014, he served as as Chairman of the Commission’s Executive Committee. During his 26-year involvement with the ICC Banking Commission, he served as Co-Chairman of the Bank Payment Obligation Working Group, was a member of the drafting groups for the last two revisions of the Uniform Customs and Practice for Documentary Credits (UCP 500 and UCP 600), and Co-Chairman of the ICC Working Group that created the supplement to the Uniform Customs and Practice for Documentary Credits for e-commerce (eUCP).

Introduction to Trade Finance Compliance - eCourse

Only USD $150
  • 12-months access to all 7 lessons. Repeat them as many times as you want.
  • Online and interactive - learn at your own pace
  • 18 assessment questions to test your knowledge
  • 13 animated explainer videos and 1 video lecture
  • Downloadable glossary for offline reference
  • Certificate of completion

FAQs

Answers to your most commonly asked questions.

Have more questions? Get in touch.

You may also be interested in

Certified Trade Finance Professional (CTFP)

USD $1499

Take the ICC's advanced, internationally-recognised trade finance qualification.

Global Trade Certificate (GTC)

USD $1099

ICC Academy's introductory trade finance qualification that this course is part of.

UCP 600

USD $22

The latest edition of the Uniform Customs and Practice for Documentary Credits (UCP) - the ICC's rules on documentary credits.