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Recertification applies to you if you wish to retain your CTFC designation and helps demonstrate to employers that you are keeping your knowledge in international Trade Finance Compliance up to date. We automatically enrol you into the Recertification Programme when you initially pass the examination. 3 years after passing your initial exam(s) or last recertification cycle, you need to apply to recertify your designation(s). If you do not want to use the designation(s) 3 years after your exam last recertification, you do not need to recertify. Your name will then no longer appear on the Trade Finance Registry. |
You can recertify two ways:1 By carrying out continuous professional development (CPD) learning hours throughout the recertification period. (Previously known as Personal Development Units) read more2 By retaking and passing the full exam for the certification designation you want to keep using e.g. CTFC. You cannot register and retake the certification again before your existing expiry date. read moreBoth are aimed at ensuring you are learning more and maintaining knowledge of International trade finance compliance. |
! To successfully recertify:
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Recertification by CPD route
- Recertification happens every 3 years. If the recertification cycle is missed the only way to recertify is to retake and pass the appropriate exam again.
- The learning activities must be done within the recertification cycle.
- Recertification submissions need to come to us no later than 2 months after the end of the recertification period.
- 36 CPD Learning hours are required to recertify successfully.
- There are no minimum or maximum amounts of CPD hours which can be claimed in a year.
- Any suitable activity which is carried out can be claimed towards CTFC Recertification.
- Only activities which relate directly to trade finance COMPLIANCE can be claimed towards CTFC recertification.
- The activity must:
- have content which relates to International Trade Finance and in the case of CTFC be specific to compliance and regulation.
- have content which is sufficiently challenging to those with the CTFC i.e. not INTRODUCTORY or BASIC content
- Last for a minimum of 30 minutes
- Be able to be verified e.g. have an attendance certificate or other accurate documentation to confirm participation.
- The fee needs to be paid before we assess your records.
Recertification by examination route
In order to re-start the recertification cycle, you can retake the examination.
You will need to complete a full examination registration and pay the associated full exam fee.
You will be given access to a new set of study materials and course site.
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You are able to sit the CTFC certification on any date / time suitable for you but only after expiry of your existing designation.