16 credits · Self-paced
Anti-Money Laundering (AML) & KYC Essentials
FATF-aligned AML/KYC for regulated professionals.
Understand global AML frameworks, KYC/CDD, sanctions screening, and suspicious activity reporting.
Curriculum
01Global AML landscape & FATF15 min+
Global AML landscape & FATF
Module of "Anti-Money Laundering (AML) & KYC Essentials" — Phoenix Learning Cloud
Overview
This module gives you a rigorous, globally benchmarked treatment of Global AML landscape & FATF as it applies to Anti-Money Laundering (AML) & KYC Essentials. Content is aligned to leading international standards and current industry practice (ISO, IEEE, PMBOK, CFA Institute, FATF, NIST, OECD, WHO, IFRS, GDPR, ITIL 4, CEFR and equivalent frameworks where relevant), and structured around Bloom's taxonomy so that you move from understanding to application, analysis and evaluation.
Learning Outcomes
By the end of this module you will be able to:
- Explain the core concepts, terminology and history underpinning Global AML landscape & FATF in the context of Anti-Money Laundering (AML) & KYC Essentials.
- Apply recognised international frameworks, standards and best practices to real-world problems in this area.
- Analyse case studies drawn from Europe, North America, the Middle East, Africa and Asia-Pacific to identify what works, what fails, and why.
- Design a defensible plan, artefact or decision using the tools, templates and checklists introduced in the module.
- Evaluate your work against ethical, legal, security, sustainability and inclusion criteria.
Topics Covered
- Foundational concepts, vocabulary and historical evolution of Global AML landscape & FATF.
- Global frameworks, regulations and reference architectures relevant to Anti-Money Laundering (AML) & KYC Essentials.
- Key roles, responsibilities and stakeholder maps.
- Processes, workflows and decision points, illustrated with annotated diagrams.
- Tools, platforms and methods currently used by leading organisations.
- Metrics, KPIs and quality criteria used to measure success.
- Common failure modes, anti-patterns and mitigation strategies.
- Cross-cutting concerns: ethics, security, privacy, accessibility, DEI and sustainability.
- Emerging trends (AI, automation, regulation, geopolitics) and how they reshape practice.
Global Standards & References
- ISO / IEC standards relevant to the topic (e.g. ISO 9001, ISO 27001, ISO 31000, ISO 20000, ISO 14001 as applicable).
- Sector bodies: PMI (PMBOK 7), CFA Institute, ACCA, IIA, FATF, NIST, ENISA, WHO, IFRS Foundation, OECD, UN SDGs, ITIL 4, TOGAF, IEEE, W3C, CEFR.
- Landmark legislation and guidance: GDPR, UK Data Protection Act, HIPAA, SOX, Basel III/IV, MiFID II, EU AI Act, DORA.
- Recognised textbooks, whitepapers and peer-reviewed journals cited in each lesson video.
Activities & Practical Work
- Guided walkthrough of a real-world scenario using a downloadable template.
- Case study analysis with structured questions and a marking rubric.
- Hands-on lab or workshop task producing a portfolio artefact (plan, model, code, policy, or design).
- Peer discussion prompt in the Phoenix community for cross-industry perspectives.
- Reflection journal to convert new knowledge into personal action.
Assessment
- Knowledge check quiz (10 questions, 70% pass mark, unlimited retakes).
- Applied assignment graded against a competency rubric (submit for instructor or peer review).
- Contribution to the module discussion counts toward the participation grade.
- Successful completion contributes credits toward your Phoenix Learning Cloud certificate for Anti-Money Laundering (AML) & KYC Essentials, which is QR-verifiable and issued upon passing the end-of-course assessment.
Estimated Effort
Approximately 3–5 hours of study, plus 1–2 hours of practical work. All content is available in your chosen platform language and can be resumed at any time from My Learning.
Next Steps
Complete the quiz, submit the applied assignment, and continue to the next module. Struggling with a concept? Ask the built-in AI Tutor or post in the community — instructors respond within one business day.
02Risk-based approach15 min+
Risk-based approach
Module of "Anti-Money Laundering (AML) & KYC Essentials" — Phoenix Learning Cloud
Overview
This module gives you a rigorous, globally benchmarked treatment of Risk-based approach as it applies to Anti-Money Laundering (AML) & KYC Essentials. Content is aligned to leading international standards and current industry practice (ISO, IEEE, PMBOK, CFA Institute, FATF, NIST, OECD, WHO, IFRS, GDPR, ITIL 4, CEFR and equivalent frameworks where relevant), and structured around Bloom's taxonomy so that you move from understanding to application, analysis and evaluation.
Learning Outcomes
By the end of this module you will be able to:
- Explain the core concepts, terminology and history underpinning Risk-based approach in the context of Anti-Money Laundering (AML) & KYC Essentials.
- Apply recognised international frameworks, standards and best practices to real-world problems in this area.
- Analyse case studies drawn from Europe, North America, the Middle East, Africa and Asia-Pacific to identify what works, what fails, and why.
- Design a defensible plan, artefact or decision using the tools, templates and checklists introduced in the module.
- Evaluate your work against ethical, legal, security, sustainability and inclusion criteria.
Topics Covered
- Foundational concepts, vocabulary and historical evolution of Risk-based approach.
- Global frameworks, regulations and reference architectures relevant to Anti-Money Laundering (AML) & KYC Essentials.
- Key roles, responsibilities and stakeholder maps.
- Processes, workflows and decision points, illustrated with annotated diagrams.
- Tools, platforms and methods currently used by leading organisations.
- Metrics, KPIs and quality criteria used to measure success.
- Common failure modes, anti-patterns and mitigation strategies.
- Cross-cutting concerns: ethics, security, privacy, accessibility, DEI and sustainability.
- Emerging trends (AI, automation, regulation, geopolitics) and how they reshape practice.
Global Standards & References
- ISO / IEC standards relevant to the topic (e.g. ISO 9001, ISO 27001, ISO 31000, ISO 20000, ISO 14001 as applicable).
- Sector bodies: PMI (PMBOK 7), CFA Institute, ACCA, IIA, FATF, NIST, ENISA, WHO, IFRS Foundation, OECD, UN SDGs, ITIL 4, TOGAF, IEEE, W3C, CEFR.
- Landmark legislation and guidance: GDPR, UK Data Protection Act, HIPAA, SOX, Basel III/IV, MiFID II, EU AI Act, DORA.
- Recognised textbooks, whitepapers and peer-reviewed journals cited in each lesson video.
Activities & Practical Work
- Guided walkthrough of a real-world scenario using a downloadable template.
- Case study analysis with structured questions and a marking rubric.
- Hands-on lab or workshop task producing a portfolio artefact (plan, model, code, policy, or design).
- Peer discussion prompt in the Phoenix community for cross-industry perspectives.
- Reflection journal to convert new knowledge into personal action.
Assessment
- Knowledge check quiz (10 questions, 70% pass mark, unlimited retakes).
- Applied assignment graded against a competency rubric (submit for instructor or peer review).
- Contribution to the module discussion counts toward the participation grade.
- Successful completion contributes credits toward your Phoenix Learning Cloud certificate for Anti-Money Laundering (AML) & KYC Essentials, which is QR-verifiable and issued upon passing the end-of-course assessment.
Estimated Effort
Approximately 3–5 hours of study, plus 1–2 hours of practical work. All content is available in your chosen platform language and can be resumed at any time from My Learning.
Next Steps
Complete the quiz, submit the applied assignment, and continue to the next module. Struggling with a concept? Ask the built-in AI Tutor or post in the community — instructors respond within one business day.
03KYC, CDD & EDD15 min+
KYC, CDD & EDD
Module of "Anti-Money Laundering (AML) & KYC Essentials" — Phoenix Learning Cloud
Overview
This module gives you a rigorous, globally benchmarked treatment of KYC, CDD & EDD as it applies to Anti-Money Laundering (AML) & KYC Essentials. Content is aligned to leading international standards and current industry practice (ISO, IEEE, PMBOK, CFA Institute, FATF, NIST, OECD, WHO, IFRS, GDPR, ITIL 4, CEFR and equivalent frameworks where relevant), and structured around Bloom's taxonomy so that you move from understanding to application, analysis and evaluation.
Learning Outcomes
By the end of this module you will be able to:
- Explain the core concepts, terminology and history underpinning KYC, CDD & EDD in the context of Anti-Money Laundering (AML) & KYC Essentials.
- Apply recognised international frameworks, standards and best practices to real-world problems in this area.
- Analyse case studies drawn from Europe, North America, the Middle East, Africa and Asia-Pacific to identify what works, what fails, and why.
- Design a defensible plan, artefact or decision using the tools, templates and checklists introduced in the module.
- Evaluate your work against ethical, legal, security, sustainability and inclusion criteria.
Topics Covered
- Foundational concepts, vocabulary and historical evolution of KYC, CDD & EDD.
- Global frameworks, regulations and reference architectures relevant to Anti-Money Laundering (AML) & KYC Essentials.
- Key roles, responsibilities and stakeholder maps.
- Processes, workflows and decision points, illustrated with annotated diagrams.
- Tools, platforms and methods currently used by leading organisations.
- Metrics, KPIs and quality criteria used to measure success.
- Common failure modes, anti-patterns and mitigation strategies.
- Cross-cutting concerns: ethics, security, privacy, accessibility, DEI and sustainability.
- Emerging trends (AI, automation, regulation, geopolitics) and how they reshape practice.
Global Standards & References
- ISO / IEC standards relevant to the topic (e.g. ISO 9001, ISO 27001, ISO 31000, ISO 20000, ISO 14001 as applicable).
- Sector bodies: PMI (PMBOK 7), CFA Institute, ACCA, IIA, FATF, NIST, ENISA, WHO, IFRS Foundation, OECD, UN SDGs, ITIL 4, TOGAF, IEEE, W3C, CEFR.
- Landmark legislation and guidance: GDPR, UK Data Protection Act, HIPAA, SOX, Basel III/IV, MiFID II, EU AI Act, DORA.
- Recognised textbooks, whitepapers and peer-reviewed journals cited in each lesson video.
Activities & Practical Work
- Guided walkthrough of a real-world scenario using a downloadable template.
- Case study analysis with structured questions and a marking rubric.
- Hands-on lab or workshop task producing a portfolio artefact (plan, model, code, policy, or design).
- Peer discussion prompt in the Phoenix community for cross-industry perspectives.
- Reflection journal to convert new knowledge into personal action.
Assessment
- Knowledge check quiz (10 questions, 70% pass mark, unlimited retakes).
- Applied assignment graded against a competency rubric (submit for instructor or peer review).
- Contribution to the module discussion counts toward the participation grade.
- Successful completion contributes credits toward your Phoenix Learning Cloud certificate for Anti-Money Laundering (AML) & KYC Essentials, which is QR-verifiable and issued upon passing the end-of-course assessment.
Estimated Effort
Approximately 3–5 hours of study, plus 1–2 hours of practical work. All content is available in your chosen platform language and can be resumed at any time from My Learning.
Next Steps
Complete the quiz, submit the applied assignment, and continue to the next module. Struggling with a concept? Ask the built-in AI Tutor or post in the community — instructors respond within one business day.
04Beneficial ownership & PEPs15 min+
Beneficial ownership & PEPs
Module of "Anti-Money Laundering (AML) & KYC Essentials" — Phoenix Learning Cloud
Overview
This module gives you a rigorous, globally benchmarked treatment of Beneficial ownership & PEPs as it applies to Anti-Money Laundering (AML) & KYC Essentials. Content is aligned to leading international standards and current industry practice (ISO, IEEE, PMBOK, CFA Institute, FATF, NIST, OECD, WHO, IFRS, GDPR, ITIL 4, CEFR and equivalent frameworks where relevant), and structured around Bloom's taxonomy so that you move from understanding to application, analysis and evaluation.
Learning Outcomes
By the end of this module you will be able to:
- Explain the core concepts, terminology and history underpinning Beneficial ownership & PEPs in the context of Anti-Money Laundering (AML) & KYC Essentials.
- Apply recognised international frameworks, standards and best practices to real-world problems in this area.
- Analyse case studies drawn from Europe, North America, the Middle East, Africa and Asia-Pacific to identify what works, what fails, and why.
- Design a defensible plan, artefact or decision using the tools, templates and checklists introduced in the module.
- Evaluate your work against ethical, legal, security, sustainability and inclusion criteria.
Topics Covered
- Foundational concepts, vocabulary and historical evolution of Beneficial ownership & PEPs.
- Global frameworks, regulations and reference architectures relevant to Anti-Money Laundering (AML) & KYC Essentials.
- Key roles, responsibilities and stakeholder maps.
- Processes, workflows and decision points, illustrated with annotated diagrams.
- Tools, platforms and methods currently used by leading organisations.
- Metrics, KPIs and quality criteria used to measure success.
- Common failure modes, anti-patterns and mitigation strategies.
- Cross-cutting concerns: ethics, security, privacy, accessibility, DEI and sustainability.
- Emerging trends (AI, automation, regulation, geopolitics) and how they reshape practice.
Global Standards & References
- ISO / IEC standards relevant to the topic (e.g. ISO 9001, ISO 27001, ISO 31000, ISO 20000, ISO 14001 as applicable).
- Sector bodies: PMI (PMBOK 7), CFA Institute, ACCA, IIA, FATF, NIST, ENISA, WHO, IFRS Foundation, OECD, UN SDGs, ITIL 4, TOGAF, IEEE, W3C, CEFR.
- Landmark legislation and guidance: GDPR, UK Data Protection Act, HIPAA, SOX, Basel III/IV, MiFID II, EU AI Act, DORA.
- Recognised textbooks, whitepapers and peer-reviewed journals cited in each lesson video.
Activities & Practical Work
- Guided walkthrough of a real-world scenario using a downloadable template.
- Case study analysis with structured questions and a marking rubric.
- Hands-on lab or workshop task producing a portfolio artefact (plan, model, code, policy, or design).
- Peer discussion prompt in the Phoenix community for cross-industry perspectives.
- Reflection journal to convert new knowledge into personal action.
Assessment
- Knowledge check quiz (10 questions, 70% pass mark, unlimited retakes).
- Applied assignment graded against a competency rubric (submit for instructor or peer review).
- Contribution to the module discussion counts toward the participation grade.
- Successful completion contributes credits toward your Phoenix Learning Cloud certificate for Anti-Money Laundering (AML) & KYC Essentials, which is QR-verifiable and issued upon passing the end-of-course assessment.
Estimated Effort
Approximately 3–5 hours of study, plus 1–2 hours of practical work. All content is available in your chosen platform language and can be resumed at any time from My Learning.
Next Steps
Complete the quiz, submit the applied assignment, and continue to the next module. Struggling with a concept? Ask the built-in AI Tutor or post in the community — instructors respond within one business day.
05Sanctions & watchlist screening15 min+
Sanctions & watchlist screening
Module of "Anti-Money Laundering (AML) & KYC Essentials" — Phoenix Learning Cloud
Overview
This module gives you a rigorous, globally benchmarked treatment of Sanctions & watchlist screening as it applies to Anti-Money Laundering (AML) & KYC Essentials. Content is aligned to leading international standards and current industry practice (ISO, IEEE, PMBOK, CFA Institute, FATF, NIST, OECD, WHO, IFRS, GDPR, ITIL 4, CEFR and equivalent frameworks where relevant), and structured around Bloom's taxonomy so that you move from understanding to application, analysis and evaluation.
Learning Outcomes
By the end of this module you will be able to:
- Explain the core concepts, terminology and history underpinning Sanctions & watchlist screening in the context of Anti-Money Laundering (AML) & KYC Essentials.
- Apply recognised international frameworks, standards and best practices to real-world problems in this area.
- Analyse case studies drawn from Europe, North America, the Middle East, Africa and Asia-Pacific to identify what works, what fails, and why.
- Design a defensible plan, artefact or decision using the tools, templates and checklists introduced in the module.
- Evaluate your work against ethical, legal, security, sustainability and inclusion criteria.
Topics Covered
- Foundational concepts, vocabulary and historical evolution of Sanctions & watchlist screening.
- Global frameworks, regulations and reference architectures relevant to Anti-Money Laundering (AML) & KYC Essentials.
- Key roles, responsibilities and stakeholder maps.
- Processes, workflows and decision points, illustrated with annotated diagrams.
- Tools, platforms and methods currently used by leading organisations.
- Metrics, KPIs and quality criteria used to measure success.
- Common failure modes, anti-patterns and mitigation strategies.
- Cross-cutting concerns: ethics, security, privacy, accessibility, DEI and sustainability.
- Emerging trends (AI, automation, regulation, geopolitics) and how they reshape practice.
Global Standards & References
- ISO / IEC standards relevant to the topic (e.g. ISO 9001, ISO 27001, ISO 31000, ISO 20000, ISO 14001 as applicable).
- Sector bodies: PMI (PMBOK 7), CFA Institute, ACCA, IIA, FATF, NIST, ENISA, WHO, IFRS Foundation, OECD, UN SDGs, ITIL 4, TOGAF, IEEE, W3C, CEFR.
- Landmark legislation and guidance: GDPR, UK Data Protection Act, HIPAA, SOX, Basel III/IV, MiFID II, EU AI Act, DORA.
- Recognised textbooks, whitepapers and peer-reviewed journals cited in each lesson video.
Activities & Practical Work
- Guided walkthrough of a real-world scenario using a downloadable template.
- Case study analysis with structured questions and a marking rubric.
- Hands-on lab or workshop task producing a portfolio artefact (plan, model, code, policy, or design).
- Peer discussion prompt in the Phoenix community for cross-industry perspectives.
- Reflection journal to convert new knowledge into personal action.
Assessment
- Knowledge check quiz (10 questions, 70% pass mark, unlimited retakes).
- Applied assignment graded against a competency rubric (submit for instructor or peer review).
- Contribution to the module discussion counts toward the participation grade.
- Successful completion contributes credits toward your Phoenix Learning Cloud certificate for Anti-Money Laundering (AML) & KYC Essentials, which is QR-verifiable and issued upon passing the end-of-course assessment.
Estimated Effort
Approximately 3–5 hours of study, plus 1–2 hours of practical work. All content is available in your chosen platform language and can be resumed at any time from My Learning.
Next Steps
Complete the quiz, submit the applied assignment, and continue to the next module. Struggling with a concept? Ask the built-in AI Tutor or post in the community — instructors respond within one business day.
06Transaction monitoring & typologies15 min+
Transaction monitoring & typologies
Module of "Anti-Money Laundering (AML) & KYC Essentials" — Phoenix Learning Cloud
Overview
This module gives you a rigorous, globally benchmarked treatment of Transaction monitoring & typologies as it applies to Anti-Money Laundering (AML) & KYC Essentials. Content is aligned to leading international standards and current industry practice (ISO, IEEE, PMBOK, CFA Institute, FATF, NIST, OECD, WHO, IFRS, GDPR, ITIL 4, CEFR and equivalent frameworks where relevant), and structured around Bloom's taxonomy so that you move from understanding to application, analysis and evaluation.
Learning Outcomes
By the end of this module you will be able to:
- Explain the core concepts, terminology and history underpinning Transaction monitoring & typologies in the context of Anti-Money Laundering (AML) & KYC Essentials.
- Apply recognised international frameworks, standards and best practices to real-world problems in this area.
- Analyse case studies drawn from Europe, North America, the Middle East, Africa and Asia-Pacific to identify what works, what fails, and why.
- Design a defensible plan, artefact or decision using the tools, templates and checklists introduced in the module.
- Evaluate your work against ethical, legal, security, sustainability and inclusion criteria.
Topics Covered
- Foundational concepts, vocabulary and historical evolution of Transaction monitoring & typologies.
- Global frameworks, regulations and reference architectures relevant to Anti-Money Laundering (AML) & KYC Essentials.
- Key roles, responsibilities and stakeholder maps.
- Processes, workflows and decision points, illustrated with annotated diagrams.
- Tools, platforms and methods currently used by leading organisations.
- Metrics, KPIs and quality criteria used to measure success.
- Common failure modes, anti-patterns and mitigation strategies.
- Cross-cutting concerns: ethics, security, privacy, accessibility, DEI and sustainability.
- Emerging trends (AI, automation, regulation, geopolitics) and how they reshape practice.
Global Standards & References
- ISO / IEC standards relevant to the topic (e.g. ISO 9001, ISO 27001, ISO 31000, ISO 20000, ISO 14001 as applicable).
- Sector bodies: PMI (PMBOK 7), CFA Institute, ACCA, IIA, FATF, NIST, ENISA, WHO, IFRS Foundation, OECD, UN SDGs, ITIL 4, TOGAF, IEEE, W3C, CEFR.
- Landmark legislation and guidance: GDPR, UK Data Protection Act, HIPAA, SOX, Basel III/IV, MiFID II, EU AI Act, DORA.
- Recognised textbooks, whitepapers and peer-reviewed journals cited in each lesson video.
Activities & Practical Work
- Guided walkthrough of a real-world scenario using a downloadable template.
- Case study analysis with structured questions and a marking rubric.
- Hands-on lab or workshop task producing a portfolio artefact (plan, model, code, policy, or design).
- Peer discussion prompt in the Phoenix community for cross-industry perspectives.
- Reflection journal to convert new knowledge into personal action.
Assessment
- Knowledge check quiz (10 questions, 70% pass mark, unlimited retakes).
- Applied assignment graded against a competency rubric (submit for instructor or peer review).
- Contribution to the module discussion counts toward the participation grade.
- Successful completion contributes credits toward your Phoenix Learning Cloud certificate for Anti-Money Laundering (AML) & KYC Essentials, which is QR-verifiable and issued upon passing the end-of-course assessment.
Estimated Effort
Approximately 3–5 hours of study, plus 1–2 hours of practical work. All content is available in your chosen platform language and can be resumed at any time from My Learning.
Next Steps
Complete the quiz, submit the applied assignment, and continue to the next module. Struggling with a concept? Ask the built-in AI Tutor or post in the community — instructors respond within one business day.
07SAR/STR reporting15 min+
SAR/STR reporting
Module of "Anti-Money Laundering (AML) & KYC Essentials" — Phoenix Learning Cloud
Overview
This module gives you a rigorous, globally benchmarked treatment of SAR/STR reporting as it applies to Anti-Money Laundering (AML) & KYC Essentials. Content is aligned to leading international standards and current industry practice (ISO, IEEE, PMBOK, CFA Institute, FATF, NIST, OECD, WHO, IFRS, GDPR, ITIL 4, CEFR and equivalent frameworks where relevant), and structured around Bloom's taxonomy so that you move from understanding to application, analysis and evaluation.
Learning Outcomes
By the end of this module you will be able to:
- Explain the core concepts, terminology and history underpinning SAR/STR reporting in the context of Anti-Money Laundering (AML) & KYC Essentials.
- Apply recognised international frameworks, standards and best practices to real-world problems in this area.
- Analyse case studies drawn from Europe, North America, the Middle East, Africa and Asia-Pacific to identify what works, what fails, and why.
- Design a defensible plan, artefact or decision using the tools, templates and checklists introduced in the module.
- Evaluate your work against ethical, legal, security, sustainability and inclusion criteria.
Topics Covered
- Foundational concepts, vocabulary and historical evolution of SAR/STR reporting.
- Global frameworks, regulations and reference architectures relevant to Anti-Money Laundering (AML) & KYC Essentials.
- Key roles, responsibilities and stakeholder maps.
- Processes, workflows and decision points, illustrated with annotated diagrams.
- Tools, platforms and methods currently used by leading organisations.
- Metrics, KPIs and quality criteria used to measure success.
- Common failure modes, anti-patterns and mitigation strategies.
- Cross-cutting concerns: ethics, security, privacy, accessibility, DEI and sustainability.
- Emerging trends (AI, automation, regulation, geopolitics) and how they reshape practice.
Global Standards & References
- ISO / IEC standards relevant to the topic (e.g. ISO 9001, ISO 27001, ISO 31000, ISO 20000, ISO 14001 as applicable).
- Sector bodies: PMI (PMBOK 7), CFA Institute, ACCA, IIA, FATF, NIST, ENISA, WHO, IFRS Foundation, OECD, UN SDGs, ITIL 4, TOGAF, IEEE, W3C, CEFR.
- Landmark legislation and guidance: GDPR, UK Data Protection Act, HIPAA, SOX, Basel III/IV, MiFID II, EU AI Act, DORA.
- Recognised textbooks, whitepapers and peer-reviewed journals cited in each lesson video.
Activities & Practical Work
- Guided walkthrough of a real-world scenario using a downloadable template.
- Case study analysis with structured questions and a marking rubric.
- Hands-on lab or workshop task producing a portfolio artefact (plan, model, code, policy, or design).
- Peer discussion prompt in the Phoenix community for cross-industry perspectives.
- Reflection journal to convert new knowledge into personal action.
Assessment
- Knowledge check quiz (10 questions, 70% pass mark, unlimited retakes).
- Applied assignment graded against a competency rubric (submit for instructor or peer review).
- Contribution to the module discussion counts toward the participation grade.
- Successful completion contributes credits toward your Phoenix Learning Cloud certificate for Anti-Money Laundering (AML) & KYC Essentials, which is QR-verifiable and issued upon passing the end-of-course assessment.
Estimated Effort
Approximately 3–5 hours of study, plus 1–2 hours of practical work. All content is available in your chosen platform language and can be resumed at any time from My Learning.
Next Steps
Complete the quiz, submit the applied assignment, and continue to the next module. Struggling with a concept? Ask the built-in AI Tutor or post in the community — instructors respond within one business day.
08AML program governance15 min+
AML program governance
Module of "Anti-Money Laundering (AML) & KYC Essentials" — Phoenix Learning Cloud
Overview
This module gives you a rigorous, globally benchmarked treatment of AML program governance as it applies to Anti-Money Laundering (AML) & KYC Essentials. Content is aligned to leading international standards and current industry practice (ISO, IEEE, PMBOK, CFA Institute, FATF, NIST, OECD, WHO, IFRS, GDPR, ITIL 4, CEFR and equivalent frameworks where relevant), and structured around Bloom's taxonomy so that you move from understanding to application, analysis and evaluation.
Learning Outcomes
By the end of this module you will be able to:
- Explain the core concepts, terminology and history underpinning AML program governance in the context of Anti-Money Laundering (AML) & KYC Essentials.
- Apply recognised international frameworks, standards and best practices to real-world problems in this area.
- Analyse case studies drawn from Europe, North America, the Middle East, Africa and Asia-Pacific to identify what works, what fails, and why.
- Design a defensible plan, artefact or decision using the tools, templates and checklists introduced in the module.
- Evaluate your work against ethical, legal, security, sustainability and inclusion criteria.
Topics Covered
- Foundational concepts, vocabulary and historical evolution of AML program governance.
- Global frameworks, regulations and reference architectures relevant to Anti-Money Laundering (AML) & KYC Essentials.
- Key roles, responsibilities and stakeholder maps.
- Processes, workflows and decision points, illustrated with annotated diagrams.
- Tools, platforms and methods currently used by leading organisations.
- Metrics, KPIs and quality criteria used to measure success.
- Common failure modes, anti-patterns and mitigation strategies.
- Cross-cutting concerns: ethics, security, privacy, accessibility, DEI and sustainability.
- Emerging trends (AI, automation, regulation, geopolitics) and how they reshape practice.
Global Standards & References
- ISO / IEC standards relevant to the topic (e.g. ISO 9001, ISO 27001, ISO 31000, ISO 20000, ISO 14001 as applicable).
- Sector bodies: PMI (PMBOK 7), CFA Institute, ACCA, IIA, FATF, NIST, ENISA, WHO, IFRS Foundation, OECD, UN SDGs, ITIL 4, TOGAF, IEEE, W3C, CEFR.
- Landmark legislation and guidance: GDPR, UK Data Protection Act, HIPAA, SOX, Basel III/IV, MiFID II, EU AI Act, DORA.
- Recognised textbooks, whitepapers and peer-reviewed journals cited in each lesson video.
Activities & Practical Work
- Guided walkthrough of a real-world scenario using a downloadable template.
- Case study analysis with structured questions and a marking rubric.
- Hands-on lab or workshop task producing a portfolio artefact (plan, model, code, policy, or design).
- Peer discussion prompt in the Phoenix community for cross-industry perspectives.
- Reflection journal to convert new knowledge into personal action.
Assessment
- Knowledge check quiz (10 questions, 70% pass mark, unlimited retakes).
- Applied assignment graded against a competency rubric (submit for instructor or peer review).
- Contribution to the module discussion counts toward the participation grade.
- Successful completion contributes credits toward your Phoenix Learning Cloud certificate for Anti-Money Laundering (AML) & KYC Essentials, which is QR-verifiable and issued upon passing the end-of-course assessment.
Estimated Effort
Approximately 3–5 hours of study, plus 1–2 hours of practical work. All content is available in your chosen platform language and can be resumed at any time from My Learning.
Next Steps
Complete the quiz, submit the applied assignment, and continue to the next module. Struggling with a concept? Ask the built-in AI Tutor or post in the community — instructors respond within one business day.