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CDCS & CITF Registration dates closing soon

12/07/2016 The closing date for registering for the CDCS or CITF examinations, that are to be held on 14 and 15 October (not 7 and 8 October as previously announced by IFS), closes on 1 August. The registration period for the April 2017 examinations will commence mid-August.

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Recent News

Automated Document Examination and Financial Crime Risks managed by AI 28/02/2024

For almost two years now I have been acting as a consultant to a company called Complidata who are based in Belgium...more

Winter 2023-2024 Newsletter added to the Members Trade Information section 01/02/2024

The latest newsletter is now available in the members trade information section under the category of 'Newsletters'...more

Latest Question

According to sub-article 37 (c) : 'A bank instructing another bank to perform services is liable for any commissions, fees, costs or expenses ("charges") incurred by that bank in connection with its instructions. If a credit states that charges are for the account of the beneficiary and charges cannot be collected or deducted from proceeds, the issuing bank remains liable for payment of charges.' For cases where LCs have expired unutilised, can the instructed party unilaterally take a decision to debit the instructing party's account maintained with them (without the instructing party's authorisation) to recover those charges and advise the instructing party of the same? Would this be an acceptable practice?