AML/CTF Compliance Operating System
Australia's AML/CTF Compliance Operating Systemfor Tranche 2 Regulated Businesses
Built specifically for lawyers, accountants, real estate agents, conveyancers, precious metals dealers, and trust & company service providers. Every AUSTRAC obligation. Every sector. One system.
Designed for Australian AFSL holders. No US compliance frameworks, no generic templates.
What happens on 1 July 2026?
If you provide real estate, conveyancing, legal, accounting, precious metals dealing, or trust/company services, you are a Designated Non-Financial Business or Profession (DNFBP) under the AML/CTF Act 2006. AUSTRAC obligations commence 1 July 2026.
You must enrol with AUSTRAC and have a fully documented AML/CTF Program — Part A (risk assessment, procedures, controls) and Part B (employee due diligence). Failure to enrol is a criminal offence under s6A of the AML/CTF Act.
AUSTRAC can issue civil penalty orders up to $22.2 million per contravention for serious non-compliance. The Australian Government has confirmed there will be no grace period.
Built for your industry — not a generic template
Select your sector to see the specific registers, reports, and workflows Veriqua pre-configures for your obligations.
Core AML/CTF platform — every sector
All LiveThese 12 modules are included in every Veriqua AML plan, regardless of sector.
AML/CTF Program
All 15 AUSTRAC program folders pre-built, version-controlled, and audit-ready.
Obligations Register
All 45 AUSTRAC obligations mapped, tracked, and assigned to owners.
Business-Wide Risk Assessment
Pre-built BWRA with sector typologies. Satisfies s82 BWRA requirement.
SMR Reporting
24-hour terrorism timer, 3-day statutory timer. Auto-starts on matter triage.
TTR & IFTI Reporting
$10,000 threshold with same-day aggregation logic. 10-business-day lodgement queue.
KYC Onboarding Portal
Customers submit identity documents directly. Results flow into your KYC register.
Transaction Monitoring
AI typology alerts for structuring, smurfing, and sector-specific ML/TF indicators.
Sanctions Screening
DFAT Autonomous Sanctions, UN Security Council, and OFAC lists. Full audit trail.
Staff Training Register
AUSTRAC-ready training records for all staff. CSV import from training providers.
Continuity Manual
13 pre-built SOPs covering every aspect of your AML/CTF program continuity.
Independent Review
s165 scheduler, findings tracker, and audit trail. Satisfies AUSTRAC review obligations.
Beneficial Ownership Register
UBO records for all corporate and trust clients with ongoing monitoring alerts.
Every AUSTRAC obligation — covered
45 obligations mapped. 12 statutory modules. Nothing left to interpretation.
| Obligation | Ref | Module |
|---|---|---|
| Enrolment with AUSTRAC | s6A | Enrolment Register |
| Suspicious Matter Reports | s41 | SMR Register |
| Threshold Transaction Reports | s43 | TTR Register |
| International Funds Transfer Instructions | s45 | IFTI Register |
| Business-Wide Risk Assessment | s82 | BWRA Module |
| AML/CTF Program Part A | s85–86 | Program Documents |
| AML/CTF Program Part B | s87–88 | Program Documents |
| Customer Due Diligence | Rules Ch 4 | KYC Register |
| Staff AML/CTF Training | Rules Ch 8 | Training Register |
| Independent Review | s165 | Review Module |
| TTR Lodgement Deadline | s43/49 | TTR Register |
| Record-Keeping (7 years) | s105–113 | Audit Log |
Built to handle compliance-sensitive data
Your AML/CTF records are among the most sensitive documents your firm holds. We treat them accordingly.
Australian Data Residency
All data — compliance records, audit logs, and customer information — is stored in Google Cloud Platform's Australia East region. Data never leaves Australian jurisdiction. Designed to satisfy APP 8.
Immutable Audit Log
Every user action and system event is written to an append-only audit log. Records cannot be edited or deleted — designed to assist compliance with AUSTRAC's 7-year record-keeping obligation, without manual intervention.
Enterprise-Grade Encryption
TLS encryption in transit. AES-256 encryption at rest. bcrypt password hashing with progressive lockout. CSRF protection on all authenticated endpoints. Daily encrypted backups, 30-day retention.
NDB Scheme Compliance
In the event of an eligible data breach, we notify affected individuals and the OAIC as soon as practicable after becoming aware — as required by the Notifiable Data Breaches (NDB) scheme under the Privacy Act 1988.
AML/CTF pricing — built for the 1 July 2026 deadline
All 20 AML/CTF modules included in every plan. Register before the deadline — onboarding takes less than a day.
AML Essentials
Annual: $2,490 — 2 months free
Up to 3 users
- ✓AML/CTF Obligations Register — 45 obligations across 15 folders, pre-loaded
- ✓Business-Wide Risk Assessment (BWRA)
- ✓Suspicious Matter Reports (SMR) with statutory reporting timers
- ✓Threshold Transaction Reports (TTR)
- ✓International Funds Transfer Instructions (IFTI) register
- ✓AML/CTF Program document library
- ✓Staff Training register
- ✓Customer Risk register
- ✓KYC — Know Your Customer records
- ✓Beneficial Ownership register
- ✓Sanctions Screening log
- ✓Customer Onboarding Portal (external-facing)
- ✓Incidents & Breaches register
- ✓AUSTRAC Reporting Wizard
- ✓Continuity Notes and Continuity Manual (13 SOPs)
- ✓Internal Audit programme
- ✓Full audit trail — every entry timestamped and attributed
- ✓Unlimited register entries
AML Professional
Annual: $6,490 — 2 months free
Up to 15 users
Everything in Essentials, plus:
- ✓AI Compliance Assistant — ask questions across your AML registers
- ✓AI-assisted SMR drafting — AI generates the suspicious matter narrative
- ✓AI-assisted BWRA risk area drafting
- ✓Transaction Monitoring with AI triage — flag and review unusual patterns
- ✓Independent Review module — schedule, conduct, and record your AML/CTF program review
- ✓Smart Intake — AI-assisted incident and breach capture
- ✓Predictive Risk Scoring — AI risk trend identification across customers and transactions
- ✓Regulatory Change Feed — AUSTRAC and AML/CTF Act updates mapped to your obligations
- ✓Sector-specific obligation configuration (Real Estate, Legal Practice, Accounting, DPMS, Conveyancing, TCSP)
- ✓Role-based access controls (Compliance Officer / Senior Manager / Auditor)
- ✓CPD Import Wizard for AML training records
AML Enterprise
Annual: $10,900 — 2 months free
Unlimited users
Everything in Professional, plus:
- ✓Unlimited user seats
- ✓Priority support with named account manager
- ✓Custom obligation library configuration
- ✓SAML/SSO enterprise authentication (scaffold available)
- ✓Multi-entity AML program management
- ✓Database backup — daily automated backups with 30-day retention
- ✓Dedicated onboarding and data migration support
Hold both an AFSL and an AML/CTF obligation? The Dual Professional plan ($1,095/month) covers both regimes in one system — saving $249/month versus buying separately.
View bundle pricing →Frequently asked questions
The AML/CTF Amendment Act 2024 extended AUSTRAC obligations to lawyers, accountants, real estate agents, conveyancers, precious metals dealers, and trust & company service providers. If you provide any designated service as defined in the AML/CTF Act 2006 (as amended), you are now a reporting entity with mandatory AUSTRAC obligations from 1 July 2026.
No. The Australian Government has confirmed there is no grace period. From 1 July 2026, all Tranche 2 entities must be enrolled with AUSTRAC and have a compliant AML/CTF Program. Failure to enrol is a criminal offence under s6A of the AML/CTF Act. AUSTRAC can issue civil penalty orders of up to $22.2 million per contravention for serious non-compliance.
There is no minimum frequency or value threshold for enrolment. If your business provides a designated service — even one transaction per year — you are required to enrol with AUSTRAC and maintain a compliant AML/CTF Program.
Veriqua generates and pre-fills AUSTRAC reports (SMR, TTR, IFTI) from your register data and guides you through lodgement via the AUSTRAC Reporting Wizard. The licensed reporting entity (your firm) must review and submit all reports — Veriqua cannot submit reports on your behalf. Your firm remains the AUSTRAC reporting entity and is legally responsible for all lodgements.
You get full access to all features on your chosen plan for 14 days. No credit card is required to start. Your data is preserved after the trial ends if you choose to subscribe. You can cancel at any time — no charge until day 15.
Yes. The AML Professional plan supports up to 15 users across your organisation. The AML Enterprise plan supports unlimited users and includes multi-entity AML program management for firms operating across multiple ABNs, branches, or corporate structures.
No. LPP does not exempt law firms from AUSTRAC enrolment or from maintaining an AML/CTF Program. LPP may exempt you from lodging a specific SMR where the matter information is privileged — but you must still assess each matter, document the LPP claim, and maintain a defensible audit trail. Veriqua's LPP Form Register is designed specifically for this workflow.
Don't reach 1 July 2026 unprepared
AUSTRAC enrolment, a compliant AML/CTF Program, and your first SMR workflow — live in under 30 minutes. Start your 14-day free trial today.