Certificate in Trade Compliance and Export Controls

Enroll in the Certificate in Trade Compliance and Export Controls and take your Sanctions Compliance Career to the next level!

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Course Description

The Certificate in Trade Compliance and Export Controls is a comprehensive online course designed to provide professionals with an in-depth understanding of global trade compliance and export control regulations. This course is tailored to meet the needs of professionals working in industries such as aerospace, defense, manufacturing, logistics, and technology, where adherence to trade and export control regulations is critical. By successfully completing this certification course, participants will acquire the skills and knowledge necessary to navigate the complex world of international trade compliance and export controls with confidence.

The course curriculum is divided into four core modules:

  1. Introduction to Trade Compliance and Export Controls:
    This module introduces participants to the fundamental concepts of trade compliance and export controls, covering key regulatory bodies, the primary trade control regimes, and the importance of compliance in international trade. The module also covers the roles and responsibilities of various stakeholders in ensuring compliance with trade and export control regulations.
  2. Export Control Classification and Licensing:
    This module focuses on the classification of goods, technology, and services under various export control regimes, such as the United States Export Administration Regulations (EAR) and the International Traffic in Arms Regulations (ITAR). Participants will learn how to determine the appropriate export control classification, understand license exceptions, and apply for necessary licenses.
  3. Compliance Programs and Risk Management:
    In this module, participants will learn how to develop, implement, and maintain an effective trade compliance program. The module covers topics such as risk assessment, internal controls, training, and audits. Additionally, participants will learn how to identify and manage potential violations, as well as how to respond to government inquiries and enforcement actions.
  4. Emerging Challenges and Best Practices:
    This final module explores the evolving landscape of trade compliance and export controls, highlighting emerging challenges such as new technologies, shifting geopolitical dynamics, and the growing importance of cybersecurity. Participants will gain insights into industry best practices for addressing these challenges and staying ahead of regulatory changes.

Upon completion of the course, participants will receive a Certificate in Trade Compliance and Export Controls, demonstrating their expertise in this crucial area of international trade. This certification will not only enhance their professional credentials but also provide them with a solid foundation for navigating the complex world of trade compliance and export controls.


What You Will Get From This Course

In-demand Skills

Gain the relevant knowledge to ensure that you are supporting your firm and progressing your career.

Career Credential

Get a certificate from the FCA Financial Crime Academy.

Flexibility

Study on-demand and at your own time and pace, regardless of where you are in the world with this flexible online course.

Global Community

Get access to our exclusive LinkedIn group with 1,500+ like-minded professionals and experts.

Course Material

Download supplementary course material such as the comprehensive course study guide.

Quiz Questions

Test your knowledge with multiple-choice questions and determine which skills you have mastered!


Course Overview

Learning Objectives

  • Discuss the concepts of Trade, Imports, and Exports.
  • Discuss the concepts of Export documentation, Export process, including open account and documentary collections.
  • Discuss export related controls, which financial institutions such as banks are required to develop and implement, to ensure that export transactions, and parties involved are identified, screened and controlled
  • Discuss the concepts of compliance, trade compliance, and risks involved.
  • Discuss the trade-based money laundering requirements, and overview of Financial Actions Task Force (FATF) requirements related to trade-base compliance
  • Discuss the money laundering, methods of money laundering, and terrorist financing.
  • Discuss the overview of trade-based money laundering, different methods used to perform the trade-based money laundering activities and how a newly formed bank implements “off-site trade transaction monitoring” process to control the trade transactions.
  • Discuss the Governance Structure and Oversight of Trade Transactions.
  • Discuss the Red Flags considered in Trade Transactions.
  • Discuss the roles of TBAML Management Committee, importance of development and Implementation of TBML Policies and Procedures, TBML Reviews and Reporting.

Target Audience

  • Compliance professionals that want to acquire a solid understanding of AML/CTF
  • Risk management professionals that want to effectively manage AML/CTF risks
  • Ambitious AML/CTF compliance personnell looking to broaden knowledge and skills
  • Career starters seeking career opportunities in the AML/CTF compliance industry

Requirements

For participating in this Certificate Program, you will need an electronic device with online video-viewing capabilities (e.g., smartphone, tablet, laptop, desktop computer, etc.). You will need no previous knowledge in compliance or anti-financial crime, although this is helpful. A background in business, legal, or finance might also be beneficial but is not required.

Learning Method

This Certification Program is presented entirely online. Modules can be completed in your own time and at your own pace. This interactive, supportive teaching model is designed for busy professionals and results in unprecedented certification rates for Certification Programs.


Course Curriculum

Introduction to the Program

  • Introduction to the Program

Module 1: Introduction to Trade

  • Introduction to this Module
  • Introduction to Trade
  • What are Imports and Exports
  • Overview of Export Documentation and Exporter CDD/KYC
  • Export Transactions – Open Account and Documentary Collections
  • Trade Process and Export Transaction
  • Case Study: Defining Broader Export Controls by a Bank
  • Module Summary
  • Multiple Choice Quiz
  • Further Reading and References

Module 2: Introduction to Trade Compliance

  • Introduction to this Module
  • What is Compliance?
  • What is Trade Compliance?
  • Overview of Trade-Based Anti-Money Laundering Requirements
  • Overview of FATF Guidance on Trade-Based Money Laundering
  • Risks Involved in Trade Transactions and Dealing with Those Risks
  • Case Study: Planning and Monitoring Trade Transactions
  • Module Summary
  • Multiple Choice Quiz
  • Further Reading and References

Modul 3: Overview of Trade-Based Money Laundering

  • Introduction to this Module
  • What is Money Laundering? What are Predicate Offenses?
  • Exemplary Methods of Money Laundering
  • Stages of Money Laundering
  • Overview of Trade-Based Money Laundering
  • Different Methods of Trade-Based Money Laundering Used by Criminals
  • Case Study: How an Organization Performs its Trade Transactions Monitoring
  • Module Summary
  • Multiple Choice Quiz
  • Further Reading and References

Module 4: Trade-Based Anti-Money Laundering Program Requirements

  • Introduction to this Module
  • Governance Structure and Oversight of Trade Transactions
  • What Red Flags are considered in Trade Trans
  • Role of TBAML Management Committee
  • Development and Implementation of TBML Policies and Procedures
  • Role of TBAML Reporting Officer or TBMLRO
  • TBAML Reviews and Reporting
  • Case Study: Trade-Based AML/KYC Documentation
  • Module Summary
  • Multiple Choice Quiz
  • Further Reading and References

Final Assessment

  • Final Assessment

Completing the Program

  • Completing the Program


Frequently Asked Questions

What are the requirements to take the courses?

All of our certification programs are open to students and professionals in various industries and levels of experience. Our curriculum is designed to teach what you need to know from basic fundamentals to advanced practical case studies. To take the courses and complete the exercises, students will only need access to a PC and/or Mac, a smartphone or table, and a stable internet connection.

Can I download course files and resources for the course?

Absolutely! All the files (including study guide, audiobook, course slides, etc.) in a course are available for download. Just look for a module that shows the files within a course.

How long do I have to complete the courses?

You will have yearly access to the courses as long as you maintain an active subscription. All the courses are self-paced as well so you can take your time in learning without worrying about any deadlines.

Are FCA courses officially accredited?

Yes, FCA is accredited by the CPD Standards Office® (CPD) to maintain training standards.

Are there any additional fees or costs?

None! The bundle price includes everything and there are no additional fees or charges to earn your digital certification.

What currency are your courses priced in?

All our online courses are priced in USD. As this is a recurring payment, we accept all major credit and debit cards including Visa, MasterCard, and American Express.

How do I earn my certificates?

Students must complete all the video lessons, quizzes, and final assessments in each course. You can retake the assessments as many times as necessary until you reach an 60% passing grade.

How are the exams conducted?

Students are required to complete an online assessment (mostly multiple choice questions) at the end of each course. You can take the exams on your own schedule and will need to earn at least 60% to pass the course and earn your certificate of course completion. Please note that course exams can be repeated as many times as you need.

Can I email the instructor if I have questions?

While the courses are designed mainly for self-study, we are happy to provide email assistance for general or technical support inquiries.

Will these courses help me advance my career?

Based on hundreds of reviews from thousands of students we know how the Financial Crime Academy’s courses have helped so many people advance their anti-financial crime, compliance, and risk management careers. Our courses are designed to teach in-demand skills and relevant background knowledge of subject matter expertise needed in practice.

More Questions?

Email us and we'll be happy to answer any of your questions.

10 Learning Hours

Unlimited Lifetime Access

Access on Mobile and TV

Certificate of Completion



Interested in Group Training?

Empower your teams with the leading anti-financial crime, compliance, and risk management training and certifications.


This course is part of the  program.

10 Learning Hours

Unlimited Lifetime Access

Access on Mobile and TV

Certificate of Completion



Interested in Group Training?

Empower your teams with the leading anti-financial crime, compliance, and risk management training and certifications.


This course is part of the  program.

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Gain the relevant skills and knowledge to ensure that you are supporting your firm and progressing your career.