Certificate for Specialists in Demand Guarantees (CSDG®) – 2 free online courses for ITFA members

As part of the Board’s efforts to provide more to its members, ITFA is pleased to announce that it has recently reached yet another interesting agreement, this time with a leading provider of qualifications to the global trade finance sector; ifs University College is the university college for financial education.  ifs University College works closely with the industry in the provision of its courses. Its international trade qualifications have all been developed in close partnership with the International Chamber of Commerce (ICC), the world’s authority on international trade policy and practice.

ifs University College has kindly offered our ITFA members 2 free online courses in the Certificate for Specialists in Demand Guarantees (CSDG®). As is customary, these 2 free courses will be available to members on a first come first serve basis.  Please send an email to alexiavella@itfa.org in order to register and we will then guide you accordingly. As always, we encourage you to reply to the email as soon as possible to avoid disappointment.

The CSDG® was launched as a qualification for professionals involved in the management and processing of international trade guarantees. CSDG® has been designed to be studied through self-study. Upon registration, a printed study text, the Guide to ICC Rules for Demand Guarantees URDG 758 will be sent to you, and a study guide and specimen paper will be available for you to download. The next exam is held in April 2016. For more information on CSDG® please visit  Certificate-for-Specialists-in-Demand-Guarantees-(CSDG).

CSDG® covers all of the key areas and aspects that demand guarantee specialists are expected to understand and practice and is designed to help develop core knowledge and understanding of the following areas:

• Demand guarantees including tender, performance and advance payment
• Indemnities, suretyships and standby letters of credit and how they compare
• Scope of industry rules including URDG 758 and ISP98
• Parties involved in demand guarantees and their roles and obligations
• Risk issues including types, control and mitigations
• Impact of external factors including governing law and force majeure

We hope that our members make the most of the additional benefits that ITFA is bringing to them through such collaborations.