Everything you walk away with
- Customised AML/CTF compliance plan
- AUSTRAC enrolment guidance
- Client KYC/CDD workflow
- Risk assessment report
- Employee training module
- Ongoing compliance reminders
Built for Australian professionals
AUSTRAC-aligned content
AI-powered compliance
Save time & reduce risk
What you get in 15 minutes
Built on AUSTRAC’s official Starter Kits, so nothing starts from guesswork.
No blank page
Answer plain questions and your program is written from AUSTRAC's Starter Kits, every answer mapped to its source document.
Risk assessmentCDD processEDD triggersReview schedule
Client KYC & KYB
Onboard individuals, companies and trusts in one flow, with entities checked against the ABR.
ABR lookupBeneficial ownersID verificationDocuments
Ongoing Monitoring
Clients are re-screened on a risk-based schedule, and you hear from us the moment something changes.
SanctionsPEP listsReview remindersAlerts
FreeNo signup, no card
Not sure the rules already apply to you?
Three questions, about 30 seconds. You get a straight answer on whether you are a reporting entity, and if you are, the plan for catching up.
Whether your services are captured
Tell us what your practice actually does. We map it against the designated services in the AML/CTF Act.
Where you stand today
Obligations have applied since 1 July 2026 and the enrolment deadline has passed. The check tells you exactly how far past it you are.
What to do, in order
A grouped plan: what is already overdue, what runs continuously, and the reporting clocks that start on their own.
3 steps to compliance
1
Tell us about your business
Enter your ABN, select your industry, and tell us which designated services you provide. Takes 2 minutes.
2
Answer the questionnaire
Our AI walks you through risk assessment, CDD procedures, and EDD triggers based on AUSTRAC guidelines.
3
Get your compliance plan
Receive a tailored AML/CTF program, risk assessment, and KYC workflows. Ready for AUSTRAC.
Built for your industry
Tailored compliance plans and step-by-step guides for each AUSTRAC Tranche 2 sector
Legal
Lawyers & solicitors
Manage source-of-funds obligations and your AML program with confidence.
- ✓Client due diligence & verification
- ✓Trust & client account monitoring
- ✓Risk assessment & AML policies
AUSTRAC-ready templates includedLaunch in days, not monthsUpdated for 2026 AML reforms
View compliance planReal Estate
Agents, auctioneers & property managers
Stay AML-ready through the property transaction lifecycle.
- ✓Vendor & buyer due diligence
- ✓Transaction monitoring & record keeping
- ✓Ongoing monitoring & reporting
Built for Tranche 2 real estate businessesFast setup with guided workflowsRegulation updates built-in
View compliance planAccountants
Tax agents, BAS agents & bookkeepers
Simplify AML compliance for your practice and your clients.
- ✓Practice-wide AML program
- ✓Client risk assessment tools
- ✓Documented procedures & registers
Conveyancers
Property transfers & settlements
Document every step of the settlement with confidence.
- ✓Identity verification workflows
- ✓Risk assessment & controls
- ✓Secure record keeping
Jewellers
Precious metals & stone dealers
Meet AML/CTF obligations for high value goods & cash transactions.
- ✓High value transaction monitoring
- ✓Risk-based customer due diligence
- ✓Record keeping & reporting
NewIncluded in your plan
Reporting entity? You're now under the Privacy Act too.
From 1 July 2026, providing a designated service removes your small business exemption (Privacy Act s6E). We generate the privacy documents you now need, prefilled from your AML setup and included in your plan.
APP 1
Privacy Policy
What you collect, why, and how clients access or correct it.
APP 5
Collection Notice
The notice you give clients when you collect ID for CDD.
NDB scheme
Data Breach Plan
Steps to assess and notify an eligible breach in time.
APP 11
Retention Schedule
How long you keep records and when you securely destroy them.
Starting-point templates built on OAIC and AUSTRAC guidance. General information, not legal advice. Review with your adviser before use.
Free 2-minute readiness check. No signup.
The cost of non-compliance
Real penalties AUSTRAC has issued for AML/CTF failures. Under Tranche 2, new reporting entities are first in line.
$700M
Commonwealth Bank
2018
$1.3B
Westpac
2020
$450M
Crown Resorts
2023
Latest from the AML Mate blog
Practical guides, deadlines, and AUSTRAC interpretation for Tranche 2 reporting entities.
Compliance
The Deadlines Are Done. Your Next AUSTRAC Date Is 1 July 2027.
Enrolment closed on 29 July 2026. For most Tranche 2 firms the next date AUSTRAC actually puts in your calendar is 1 July 2027, when the first annual compliance report window opens. Everything in between runs on triggers you have to notice yourself, not dates anyone reminds you about. Here is what those triggers are, and what should be in your file by the end of August.
6 min readRead
AccountantsYou Let a Client Use Your Office as Their Registered Address. On 3 September AUSTRAC Explained Why That Is a Designated Service.
Letting a client company use your firm's address as its ASIC registered office is one of the most ordinary favours in accounting and law. It is also item 9 of table 6, a designated service in its own right, and AUSTRAC expanded its guidance on it on 3 September 2026. Here is the two-part test, why charging nothing makes no difference, and what it means if it is the only designated service you provide.
12 min readRead
ComplianceAnother Firm Already Verified Your Client. AUSTRAC Lets You Rely on That in Two Ways, and Both Come With Paperwork.
Ten weeks into the regime, the CDD question that keeps coming up is not how to verify a client. It is whether you have to, when another firm in the same transaction already did. AUSTRAC's answer is yes, in two forms: a case-by-case file note, or a written arrangement a senior manager approves and you reassess at least every two years. Here are the conditions, what the referring firm has to hand over, and why an ID-check vendor never counts.
13 min readRead
ComplianceAUSTRAC Is Investigating Western Union. The Test It Named Is 'Known Patterns', and It Has Already Published Yours.
On 1 September 2026 AUSTRAC opened an enforcement investigation into Western Union and, unusually, published both the file behind the decision and the three tests it will run: does the program work, does monitoring catch known patterns, and who really makes the decisions. Here is each test at the scale of a four-person practice, and why the sequence that led here matters more than the name on the release.
11 min readRead
ComplianceThe Letters Have Started. What a Section 167 Notice Means When a Business Never Enrolled.
On 28 August 2026 AUSTRAC began issuing section 167 notices to businesses that appear to provide designated services but never enrolled. Here is what a notice actually compels, how to tell a real one from the impersonation scams AUSTRAC warned about two days earlier, and why enrolling late still beats waiting for a letter.
8 min readRead
ComplianceYour Client Exists. Their ID Doesn't. AUSTRAC Wrote a Playbook for Exactly This.
A real client who cannot produce a driver licence or passport is not a dead end. AUSTRAC publishes an alternative identification playbook, and it is more generous than most firms assume. Referee statements, government correspondence, expired ID and, as a last resort, self-attestation are all on the table, provided you assess the risk and write down what you did. Here is the whole toolkit, translated for a suburban practice.
10 min readRead
Frequently asked questions
I missed the 29 July 2026 enrolment deadline. What should I do now?
Enrol now rather than waiting. The deadline for businesses already providing designated services on 1 July 2026 was 29 July 2026, so enrolling late does not remove the obligation, but the gap stops growing the day you enrol. If you only started providing a designated service more recently, the ongoing rule applies instead: you must apply to enrol no later than 28 days after the day you start. AUSTRAC's stated position on the first compliance cycle is that it does not expect perfection immediately, but does expect to see genuine effort to comply. Enrolling, appointing your compliance officer, and having an AML/CTF program in place is what that effort looks like. AML Mate's registration tracker assembles the exact details AUSTRAC asks for, and the program generator produces the plan you need alongside it.
Who needs to comply with AUSTRAC AML/CTF regulations?
Tranche 2 obligations commenced on 1 July 2026 and are now in force. Accountants, tax agents, lawyers, conveyancers, real estate agents, and dealers in precious metals/stones (jewellers) who provide "designated services" must comply. That covers work like managing trust accounts, conveyancing, company and trust formation, and buying or selling real estate. A separate threshold applies to reporting: physical cash transactions of $10,000 or more trigger a Threshold Transaction Report.
What are the penalties for not complying with AML/CTF Tranche 2 obligations?
Civil penalties under the AML/CTF Act can reach up to $36.4 million per contravention for companies (100,000 penalty units) and $7.28 million for individuals (20,000 penalty units), calculated at $364 per penalty unit (from 1 July 2026). Penalties apply per contravention and can stack. AUSTRAC can also issue infringement notices, enforceable undertakings, and remedial directions.
How much does AML Mate cost?
AML Mate starts at $49/month, a fraction of the $3,000-$8,000/year that traditional compliance consultants charge. The free compliance check requires no signup. We offer a 14-day free trial on all paid plans so you can generate your compliance plan before committing.
Do I need a lawyer to create my AML/CTF program?
No. AUSTRAC explicitly states that businesses can create their own AML/CTF program using the free Starter Kits they provide. AML Mate automates this process using AUSTRAC's official guidance, so you don't need expensive consultants. However, we recommend having a compliance professional review your program for complex situations.
Don’t wait until it’s too late
Non-compliance costs up to $36.4 million per breach
AUSTRAC says you can do it yourself. We just make it easy. Check if you need to comply in 30 seconds, completely free.
$49/month
Full platform + KYC + alerts
vs $3,000-$8,000/year for traditional consultants
14-day free trial on all paid plans. Cancel anytime. See pricing
Free AML/CTF Compliance Checklist (PDF)Download free