In line with the Kingdom’s stringent laws, the Bahrain Institute of Banking and Finance (BIBF) has announced the launch of a new qualification, designed to help trade finance professionals combat financial crime and remain compliant with regulatory demands around the world.
Awarded by The London Institute of Banking & Finance, the Certificate in Trade Finance Compliance (CTFC), is a Level 4 qualification registered with Ofqual in the Regulated Qualifications Framework in the UK, and is a valuable benchmark for operational teams, relationship managers, and audit, compliance and risk practitioners. It provides the technical knowledge required to succeed within the trade finance landscape and the ability to apply this knowledge within a professional setting. The programme has been developed with substantial industry input and covers issues including anti money laundering, countering terrorist financing, sanctions, bribery and corruption and commercial fraud.
The BIBF Head of Banking, Accounting & Finance Centres, Burhanu Deen Jayah, said, “This new industry qualification will contribute in strengthening the knowledge, capability and competence among professionals within the financial services sector. This will further enhance the financial institutes’ ability in building credibility and confidence among clients with increased awareness of the critical knowledge areas covered in the syllabus.”
The wide-ranging scope of this international qualification includes Anti-Money Laundering (AML), Countering Terrorism Financing (CFT), Sanctions and Anti-Boycott Provisions, Weapons of Mass Destruction, Bribery and Corruption, and Commercial Fraud.
To learn more and to register for the next batch, candidates may contact BIBF Banking team at +973 1781 5555, moc.f1566717995bib@g1566717995nikna1566717995b1566717995.