AML Compliance Guide

A lightweight AML/CTF platform, built for Tranche 2

Everything a small practice needs to get compliant and prove it.

~25 min setup Free platform — $8 per KYC check

Everything ends up in one compliance file

Every section you complete — the program, the risk assessment, CDD, the registers — rolls up into a single Compliance File you can hand to an evaluator or AUSTRAC on request.

compliance-file.pdf — sample Print / Save as PDF
Illustrative example
AML/CTF Compliance

Your Compliance File

Generated 14 July 2026

The file to hand an independent evaluator, a new compliance officer, or AUSTRAC on request.

82%

On track

What's missing

Staff training: 1 staff member is overdue for annual AML/CTF training.

File contents

AUSTRAC Enrolment Preparation — Complete

AML/CTF Program — Complete

Compliance Officer Register — Complete

Staff Training Register — In progress

Customer Due Diligence — Complete

Suspicious Matter Reporting Log — Not started

Staff Due Diligence Register — Complete

Independent Evaluation — Complete

Customer due diligence

Label Risk rating Submitted
J. & M. Whitfield Low 2 Jul 2026
Coastline Holdings Pty Ltd Medium 28 Jun 2026

Customer Due Diligence links (KYC)

Swipe through the actual screens — from generating a customer due diligence link to seeing the screening result.

What you actually need

Five things a small practice needs from an AML platform — and how this one answers each.

1

Getting the obligations right

You need to be sure you're covering everything AUSTRAC actually requires — not more, not less.

Nine sections, each mapped directly to an AUSTRAC minimum program component.

You need to be sure you're doing it correctly, not just filling in a generic template.

Built and kept current against AUSTRAC's published Tranche 2 guidance as it evolves.

You need it done on time — before enrolment closes, before your first designated service, before retraining falls due.

Your obligation due dates — enrolment, retraining, independent evaluation — tracked automatically.

You need to know which obligations actually apply to your profession, because Tranche 2 doesn't ask a conveyancer for the same thing it asks a real estate agent.

Obligations scoped to your specific profession, not a one-size-fits-all list.

2

Keeping the effort proportionate

You don't care about AML compliance as a subject — you want it handled, not studied.

One guided page — no course or manual to work through first.

You don't want to spend more than the risk justifies, especially while client volume is still low.

The platform is free — you only pay $8 per KYC check, so cost tracks your actual client volume.

You want to try it against your real business before paying for anything.

Free platform, using your actual clients and data from day one — nothing to pay until you run a KYC check.

3

Being able to prove it later

You need a record you can hand over, not a memory of having done the work, if AUSTRAC ever examines your firm.

Always-current compliance file with one-click Print/Save as PDF.

You need the same evidence ready for your 3-yearly independent evaluation.

The same compliance file doubles as your independent evaluation evidence.

You need the compliance officer role — and the personal exposure that comes with it — to not be quietly resting on someone's memory of a decision made 18 months ago.

Every decision recorded as it's made, timestamped, not reconstructed later.

4

Trusting the tool itself

You need to know it's actually built around what AUSTRAC requires, not a generic global AML checklist.

Built around AUSTRAC's 9 minimum program components specifically — not a global AML template.

You need to know it's sized for a Tranche 2 practice, not repurposed bank software you're paying to not use.

Purpose-built for Tranche 2 from day one — not a scaled-down enterprise product.

You need a human to ask when a client situation doesn't fit the workflow.

Direct access to a person for edge cases the workflow doesn't cover.

5

Trusting the vendor

You need reasonable confidence this vendor will still be operating in 7 years — that's how long you're required to keep the records it's storing.

Built for the long run, not a venture-funded product racing toward an exit.

You need an easy way out if it doesn't work: your data exported, no long lock-in, on something this new and this regulated.

Full data export as JSON at any time, no lock-in.

What it takes off your plate

  • Having to remember your own obligation due dates — enrolment, retraining, independent evaluation.
  • Hunting through emails and folders to find which document is the current version.
  • Second-guessing whether a spreadsheet template actually covers what AUSTRAC expects.
  • Trying to reconstruct, months later, exactly what checks were done on a client and when.
  • Chasing staff to find out who's done their AML/CTF training and who's overdue.
  • The dread of an AUSTRAC examination turning up a gap you didn't know was there.

Competitive advantages

  • Purpose-built for Tranche 2 from day one — not a generic global AML tool or a scaled-down enterprise product.
  • Free to start — the actual product, not a locked demo behind a sales call.
  • One evidence document instead of scattered spreadsheets, folders and templates.
  • Free platform, transparent pricing of $8 per KYC check — no "contact sales" black box.
  • Full data export at any time, so you're never locked in.
  • Built and kept current against AUSTRAC's published Tranche 2 guidance as it evolves.
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