Certificate for Specialists in Demand Guarantees (CSDG)

The CSDG qualification will develop students’ understanding in the use of guarantees, industry rules, legislation and the challenges relating to demand guarantees and standby credits.

About the Qualification

The Certificate for Specialists in Demand Guarantees (CSDG) has been developed by The London Institute of Banking & Finance (LIBF) and industry experts in partnership with the International Chamber of Commerce (ICC) and is supported by BAFT.

The CSDG qualification will develop students’ understanding in the use of guarantees, industry rules, legislation and the challenges relating to demand guarantees and standby credits. CSDG enables students to demonstrate a high level of expertise and improves knowledge and understanding of the complex issues associated with demand guarantee best practice.

Studying CSDG covers:

The Certificate for Specialists in Demand Guarantees is a Level 4 qualification registered with Ofqual in the Regulated Qualifications Framework (RQF).

Key Facts

Unit – Principles and Practices of Demand Guarantee

The tools and terminology necessary to draft, issue and claim on demand guarantees and related products. The roles, obligations and relationships between parties of demand guarantee transactions. As well as the affects of external factors, the risks involved and how to manage these.

Studying

CSDG consists of one unit. It is recommended that students spend 256 learning hours studying for this qualification.

Preparation for the exam usually takes six months.

CSDG is a self-study qualification and following registration you will be sent a detailed study text covering the syllabus and containing review questions and activities. A specimen paper is also available to download. In addition to printed materials, students will also receive online access to the study resources.

The international CSDG registry contains the names of individuals that hold the CSDG designation. Names are removed from the registry after three years if an individual has not successfully recertified.

Assessment

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

Recertification

Upon completion of CSDG, your CSDG designation will remain valid for three years. To retain the designation, you are required to participate in the recertification program. Alternatively, you can register for and re-take the exam at the end of the three-year period.

Key Facts

Register

Fees

Access to core e-course only

*Candidates outside of the UK

Payment: Visa, American Express, Mastercard, Discover. For alternative forms of payment please contact [email protected].

Group Rates: For group pricing please email [email protected].

*Link will redirect you to LIBF to complete registration & payment