Certificate in Financial Crime in Trade (CFCT)
About the Certification
fundamental AML, terrorist financing, trade-based money laundering, correspondent banking, proliferation financing, economic sanctions, corruption
The Certificate in Financial Crime in Trade (CFCT) is a professional qualification which offers intermediate and advanced industry knowledge on various typologies for the purpose of skills enhancement.
CFCT is the ideal training solution on financial crime and compliance for trade finance operations and payments center staff in financial institutions that offer traditional trade finance, supply chain finance and open account trade services. The program emphasizes the importance of sound customer due diligence, transaction monitoring, sanctions screening, and operational risk mitigation processes.
Topics Covered: financial crime and compliance for trade finance operations and payments, fundamental AML, terrorist financing, trade-based money laundering, correspondent banking, proliferation financing, economic sanctions, corruption
Who Should Enroll: Relationship managers, product managers, compliance and risk officers, trade finance operations and payments center staff.
What You Will Learn: The course develops core knowledge and understanding for those in specialist roles and can deepen expertise in main aspects related to Financial Crime in Trade.
Earn Continuing Professional Development Credits (CPDs)
Participants will further demonstrate their understanding and expertise by earning a well-recognized industry certificate. The certification is applicable for bank and non-bank financial institution staff and corporate and commercial trade finance practitioners.
BAFT’s Certificate in Advanced Trade Finance (CATF) has been approved for:
• 5.75 CERP, 3 CRCM and 1.5 CAFP credits from the American Bankers Association •
• 15 CPD hours from the ICC Academy •
• 12 CPD hours from the London Institute of Banking & Finance •
In Partnership
Why CFCT?
Participation in the CFCT certificate program can:
- Increase awareness of how criminals can abuse trade documentation to hide suspicious transactions
- Enhance detection skills with red flag indicators to improve effectiveness and linkage to trade transaction monitoring
- Improve decision-making by examining current and realistic examples and case studies
Key Facts
- Comprehensive study materials are provided
Certificate Structure
- 7 Courses
- Program Duration:Approximately 60 hours
- Delivery: Self-Paced and On-Demand. This certificate and all its courses are online and can be taken at any time. Learn at your own pace.
- Access: Available for 1 year from date of purchase. Registration is open year-round.
- Level: Intermediate and advanced level
- Experience: 3+ years
Studying
CFCT has 7 different modules, that cover most relevant topics of Financial Crime in Trade. Each module has been tailor-made to develop the skills needed to walk away with a high level of knowledge in financial crime areas within global trade.
- Module I: Fundamental AML
- Module II: Trade-Based Money Laundering
- Module III: Correspondent Banking
- Module IV: Terrorist Financing
- Module V: Economic Sanctions
- Module VI: Corruption
- Module VII: Proliferation Financing
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*Link will redirect you to LIBF to complete registration & payment
Assessment
- 15 multiple choice questions per course; a minimum grade of 80% per course to pass
- On-demand exams available internationally with the same day results
- Upon passing all 7 courses, learners will be issued an accredited Certificate in Financial Crime in Trade
Register
To complete registration and payment you will be taken to the Learning Management System.
Access: This includes access to all 7 on-demand e-courses for 1 year from date of purchase. A Certificate in Financial Crime in Trade will be issued upon completion of the course and passing the assessment.
Payment: Visa, American Express, Mastercard, Discover. For alternative forms of payment please contact [email protected].
Group Rates: Learn more about our corporate packages for group pricing or license deals and email [email protected] with any inquiries.
Fees
Registration fee (includes learning materials and exam entry): $2,699 USD
Now get a $200 discount!
Enter BAFT200 code during online checkout. The final price will drop to $2,499!
BAFT On-demand Certificate Refund Policy
At BAFT Education & Learning, we’re committed to providing the ultimate learning experience with our quality courses. We take pride in our dedication to excellence, and your satisfaction is our top priority.
If you feel this online certificate isn’t right for you, send a written request to [email protected] within five days of your registration, and we’ll give you the option to enroll in another one of our online certificates. We will either refund the cost difference or invoice you for the remaining amount to match the price of your new course of choice.