Certificate for Specialists in Demand Guarantees (CSDG)
The Certificate for Specialists in Demand Guarantees will enhance your technical expertise in demand guarantees and standby letters of credit, equipping you with a deep understanding of the industry rules, legislation, and challenges related to both products. This qualification will also refine your ability to navigate complex issues, developing a skill set that empowers you to perform effectively across a range of real-world scenarios.
Key information
Master demand guarantees and standby letters of credit
Take your exam any time through our Brightspace platform with remote invigilation
Earn 36 CPD hours towards your trade finance recertification
You'll have 12 months from registration to complete the qualification
Units
CSDG is made up of one unit
Regulation
Registered with Ofqual in the Regulated Qualifications Framework (RQF)
Assessment
Your first exam is included in the registration fee for each module
What your studies will cover
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
About the qualification
After studying CSDG, you will be able to demonstrate a high level of expertise in the complex issues associated with demand guarantee best practice.
The Certificate for Specialists in Demand Guarantees is a Level 4 qualification registered with Ofqual in the Regulated Qualifications Framework (RQF).
While studying with us, you’ll become a Member of LIBF (MLIBF), receiving benefits including careers support and access to professional networking events.
Qualify in as little as six months
Study online – anytime, anywhere, on any device
Access research tools and industry analysis through KnowledgeBank andFinancial Worldmagazine
Demonstrate your expertise with an internationally recognised qualification
Add the professional designation ‘CSDG’ after your name for the three-year validation cycle
Advance your career and promotion prospects
Our partners
Endorsed by
International Chamber of Commerce (ICC)
Supported by
Bankers Association for Finance and Trade (BAFT)
Unit information
Tools and terminology to draft, issue and claim on demand guarantees
Roles, obligations and relationships between parties of demand guarantee transactions
Effects of external factors, risk involved and how to manage these
You can find more details about your Certificate for Specialists in Demand Guarantees (CSDG) course here:
As part of the registration fee you'll get access to:
a student-led discussion forum
unit syllabus
online study materials
online study texts
specimen paper
online access to our student portal MyLIBF
online access to our virtual library KnowledgeBank.
Assessments
CSDG is assessed through a 3-hour and 15-minute multiple-choice examination split into two sections:
Section A: 50 multiple-choice questions
Section B: 10 standalone multiple-choice questions, one case study with 6 linked multiple-choice questions and 6 simulation exercises
Your first exam is included in the registration fee. If you need to retake an exam a resit fee will be payable.
You can take your exam any time through our Brightspace platform with remote invigilation. There's no need to book in advance. Before you start, you'll need to do a quick 360-degree scan of your surroundings using your laptop or webcam.
The international CSDG Registry contains the names of individuals that hold the CSDG designation.
It may take up to 30 days for an individual’s details to appear after receiving their results. If an individual has not passed, their details will not be in the registry. If they don’t successfully recertify after three years, their names are removed from the registry.
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