Trusted and recognised by industry
REB Innovation Awards 2026 Finalist
Innovator of the Year, Maintenance and Compliance
Purpose-built AML/CTF compliance for accounting firms. CDD on companies and trusts, beneficial ownership, source-of-funds workflows and AUSTRAC-aligned program generation in one platform. Onboard a new client file in minutes, not days.
REB Innovation Awards 2026 Finalist
Innovator of the Year, Maintenance and Compliance
Under the Tranche 2 amendments to the AML/CTF Act, accountants, tax agents, bookkeepers and other professional services are captured the moment their work touches one of the listed designated services. AUSTRAC lists the new services in table 6 of subsection 6(5B) of the Act and explains them on its Professional designated services guidance page.
The work itself is the test, not the job title. A registered tax agent who only prepares returns sits outside the regime. The same person, on the same day, structuring a family trust to buy a commercial property is providing a designated service and needs to be enrolled with AUSTRAC, with a written program and a CDD file on the client.
Doing this manually means chasing trust deeds, ASIC extracts, beneficial owner declarations, source-of-funds documents and screening results across spreadsheets and emails. AMLTranche brings the whole file into one AUSTRAC-aligned workflow, so a clean CDD pack on a Pty Ltd plus discretionary trust client takes around 20 minutes instead of half a day.
AUSTRAC's Professional designated services guidance sets out items 1 to 9 of table 6 of subsection 6(5B) of the AML/CTF Act. Each one captures a slice of accounting work. If your file involves any of these, the AML/CTF program, CDD and reporting obligations apply.
Helping a client plan or execute a transaction to buy, sell or transfer real estate, including holding settlement funds or advising on the transaction structure.
Helping a client buy, sell or transfer a body corporate or a legal arrangement, including share-sale and asset-sale work on a business sale.
Receiving, holding, controlling or managing a person's property to help plan or execute a transaction. Trust account work for transactional matters is squarely in scope.
Helping arrange, plan or execute equity or debt financing for a body corporate or legal arrangement, including capital raises, related-party loans and refinancing.
Selling or transferring a shelf company is named as its own designated service. Practitioners who keep a stock of clean shells need a CDD file on every transferee.
Helping create or restructure a company or trust. This sweeps in classic accountant work: SMSF set-ups, family-trust formations, corporate trustee swaps, Div 7A clean-ups.
Acting, or arranging for someone to act, on behalf of a person in particular positions in a body corporate or legal arrangement. Nominee director or trustee work is captured.
The second leg of items 7 to 8 covers arranging for a person to take a role in a body corporate or legal arrangement. Both legs apply when the firm acts as a corporate trustee.
Providing a registered office address or principal place of business address for a body corporate or legal arrangement. Practitioners who use their own address for clients are captured.
Not sure if your work is captured? AUSTRAC publishes a check-if-you're-regulated tool, and the accountants industry page has sector-specific guidance. The Accountant Program Starter Kit is AUSTRAC's free template for small low-complexity practices.
Accounting clients are rarely just an individual. They're a corporate trustee with two directors, two members, a unit trust on top, a related-party loan and a property in the trust. AMLTranche follows that structure: identify the entity, identify the people behind the entity, screen, assess, record. The platform mirrors AUSTRAC's customer due diligence guidance.
Built-in workflows for Pty Ltd, discretionary trust, unit trust, SMSF, partnership and incorporated association. The platform asks for the right documents based on entity type and prompts where the trust deed or constitution is needed.
Walks through layered ownership, corporate trustees, holding companies and family-trust beneficiary classes. Captures the natural persons who ultimately own 25% or more or who otherwise control the entity.
Structured intake for sale contracts, payslips, dividend statements, gift letters and loan documents. Records the practitioner's assessment and flags inconsistencies between stated source and the matter in front of you.
Every party to the file (entity, directors, members, beneficial owners, settlors) is screened against the DFAT Consolidated List and PEP databases, with automatic re-screening when lists change.
Risk-rated review schedule with triggers for changes in beneficial ownership, large or unusual transactions, and adverse sanctions updates. Aligned with AUSTRAC's ongoing CDD guidance.
Structured intake and reviewer role-split so tipping off is prevented by design. Mirrors AUSTRAC's SMR guidance and the section 123 prohibition.
Answer a short questionnaire (firm size, services offered, client types) and the platform produces a written AML/CTF program and ML/TF risk assessment, modelled on the AUSTRAC Accountant Program Starter Kit structure.
Every CDD action is signed and time-stamped. Records are stored in AWS Sydney with bank-grade encryption, ready for AUSTRAC examination years from now.
Program structure mirrors AUSTRAC's published kit so your program reads the way AUSTRAC expects on examination.
Companies, discretionary trusts, unit trusts, SMSFs, corporate trustees, partnerships. The complex client is the default, not the edge case.
AWS Sydney (ap-southeast-2). 256-bit encryption, tamper-proof audit log, 7-year retention built in.
A short questionnaire generates your AML/CTF program and ML/TF risk assessment, ready for review by the AML/CTF Compliance Officer.
Solo for sole practitioners, Growth for multi-partner practices, Scale for larger firms and reporting groups.
From $59/mo + GST. No feature gating. Annual plans save 17%.
Every plan includes AUSTRAC enrolment support, AML/CTF program generation mapped to the Accountant Starter Kit, beneficial ownership and source-of-funds workflows, DFAT sanctions screening, PEP screening, SMR lodgement and 7-year audit trails. Annual billing saves 17%.
Sole practitioner accountants and tax agents. 1 seat, 5 IDV verifications/mo included.
Multi-partner practices. 5 seats, 20 IDV verifications/mo included.
Larger firms and reporting groups. 15 seats, 50 IDV verifications/mo.
Purpose-built AML software for Australian accountants, tax agents and bookkeepers. Plans from $59/mo. Up and running in under an hour.
What changes for Australian accounting firms on 1 July 2026, with the full list of designated services and an action plan for this quarter.
Read guideHow to run customer due diligence on Pty Ltd clients, family trusts, unit trusts and SMSFs, including beneficial ownership and source-of-funds.
Read guideWhat an accounting-firm AML/CTF program must cover: governance, risk assessment, CDD, training, the Compliance Officer role and independent evaluation.
Read guideWhen to lodge a Suspicious Matter Report, the 3 and 24 hour timelines, and how to discuss a file internally without breaching section 123.
Read guideHow to CDD discretionary trusts, unit trusts, family trusts and SMSFs under AUSTRAC rules.
Read guideStep-by-step AUSTRAC Online enrolment walkthrough for newly regulated entities, including accountants.
Read guideWhat AUSTRAC's free starter kits cover and what they don't, including the Accountant Program Starter Kit.
Read guideWhen and how an accounting firm needs an independent evaluation of its AML/CTF program.
Read guide