Client due diligence
Keep client details, documents, risk factors and review dates together. Record source of funds and wealth enquiries, including your evidence and conclusion.
Explore AML Mate
Your program.
Your clients.
One workspace.
Build your AML/CTF program, carry out client checks and keep the records that support your decisions. All in one workspace for your practice.
Card required. Cancel before your trial ends to avoid a charge.
01 / Program & risk
A starting point.
Then make it yours.
Answer guided questions about your industry, services and risks. AML Mate uses your answers to prepare a risk assessment and program draft for you to review and tailor.
Describe your practice
Guided questions help you record how your business operates.
Review each part
Edit the procedures so they reflect what your team actually does.
Keep your own copy
Export your program as a PDF or an editable Word document.
Inside your AML/CTF program
Organised into six parts in AML Mate.
- Part AGovernance & risk
- Responsibilities, risk assessment and the controls your practice will use.
- Part BPersonnel & training
- Staff responsibilities, employee checks and your training arrangements.
- Part CCustomer due diligence
- How you identify clients, verify their details and handle higher risk.
- Part DTransaction monitoring
- What to look for, what to flag and how to escalate a concern.
- Part EReporting obligations
- Your procedures for suspicious matters, cash transactions and reporting.
- Part FRecord keeping & review
- Which records you keep and how you review and maintain your program.
Your program, in PDF and Word. Ready for your review and approval.
02 / Client checks
Know your client.
Keep the evidence.
Work through checks for individuals, companies and trusts, with the supporting records in each client’s file.
Companies & trusts
Check business details against the Australian Business Register. Record beneficial owners, import an ASIC extract and review the ownership details before confirming them.
Identity verification
Send a hosted identity check so your client can photograph their ID and take a selfie. Track the result in their file. Included checks and extra usage depend on your plan.
PEP & sanctions screening
Screen clients and beneficial owners against sanctions and politically exposed person (PEP) data. Review potential matches and keep a record of your decision.
03 / Day-to-day work
Keep the work moving after setup.
Your program is the beginning. Keep track of the reviews, training and follow-up work that come next.
Monitoring & review
Record transactions, flag concerns and review screening alerts. Active subscriptions include scheduled client re-screening based on risk.
Staff training
Invite your team to AML/CTF learning modules, with quizzes, completion records and certificates. See who still needs to finish.
Calendar & reminders
Bring upcoming client reviews, reporting dates and program reviews into your compliance calendar, with alerts and email reminders.
04 / Reports & records
Prepare your reports.
Keep a record of the work.
Use guided forms to prepare reports, then export the records you need for your practice.
Report preparation
- SMRSuspicious matter reports
- Work through the relevant details and document the basis for your suspicion.
- TTRThreshold transaction reports
- Prepare client and cash transaction details in a guided report form.
- AnnualAnnual compliance reports
- Bring together your activity and review the information for your report.
You review and lodge your reports through AUSTRAC Online. AML Mate helps you prepare them; it does not submit them for you.
Records you can take with you
Download individual records or bring the available evidence together in an export pack.
- Your AML/CTF program
- Your client register
- Source of funds and wealth records
- Prepared reports
- Training records and audit log
Need help with AUSTRAC Online?
Free tutorials with screenshots, from creating an account to lodging a report.
See how it fits your practice.
Start with a free compliance check, or try the workspace. Plans from $49 AUD/month.
The 14-day trial requires a card and renews at your chosen plan’s price. Cancel before it ends to avoid a charge. Program and audit pack downloads unlock with your first payment.