Get Your Free and Tailored AML Program From Us
LiteAML Foundation walks small accounting, legal, conveyancing and real estate businesses through their money laundering and terrorism financing risk assessment, then builds a compliant, AUSTRAC-aligned AML/CTF Program — at no cost.
A Simpler Path to AML/CTF Compliance
LiteAML built LiteAML Foundation as an AUSTRAC-aligned way to develop an AML/CTF Program, aimed at businesses that meet a specific eligibility test. Think of a two-partner conveyancing firm or a sole-trader accountant: Australian businesses in accounting, law, conveyancing, real estate, or trust and company services with fewer than 15 staff and a low-complexity risk profile. In practice, that means they do not regularly handle high-risk customers or high-risk products and services.
AUSTRAC's own Program Starter Kits are meant to help small businesses meet these obligations, yet they run to more than 300 pages of guidance, dozens of cross-referenced web pages and over 20 separate forms. For a small firm without a compliance officer, that is a lot to work through on top of a normal working week.
LiteAML Foundation offers a more manageable alternative. It guides business owners step by step, building a clearer picture of their ML/TF risks and the controls needed to manage them, then documents all of it in an AML Policy.
How It Works
LiteAML Foundation takes you through four straightforward steps. Answer the questions along the way, and it builds an ML/TF risk assessment covering your industry, customers, products and services, delivery channels and country exposure. At the end, you get a downloadable AML/CTF Risk Assessment document and AML Policy — comprising your AML Program.
Free From Day One
At LiteAML Intelligence, we've been committed to helping regulated businesses protect themselves against financial crime. We are proud to offer LiteAML Foundation free to Australian businesses as our contribution to supporting smaller businesses to meet their compliance obligations.
- Unlimited ML/TF Risk Assessments
- Tailored AML/CTF Policy
- Emailed directly to your inbox
- Fully editable AML/CTF Program (Word)
Take a look at the sample below to see what your AML/CTF Program could look like.
Key Features
- ML/TF risk assessment and policies mapped to AUSTRAC Starter Kit guidance
- Guided step-by-step process from eligibility checks, company details, risk assessment and generating the AML/CTF Program
- Captures company details outlining the nature, size, and complexity of your business
- Factors in country risk for the jurisdictions your customers operate in
- Reviewed by LiteAML experts and delivered straight to your inbox
Why Small Businesses Choose LiteAML Foundation
Our team designed LiteAML Foundation to make AML/CTF compliance accessible, manageable and proportionate, especially for small Australian businesses facing these obligations for the first time.
Built for businesses with limited compliance capability
Picture a two-person real estate office where nobody has a legal background, let alone a compliance team. That is exactly who LiteAML Foundation is built for. Instead of dense regulatory language or open-ended questions, the platform walks through each step with plain-English prompts anyone can follow.
Built on AUSTRAC's own framework
This is not an overseas compliance tool with an Australian label stuck on it. We built it specifically around AUSTRAC's Program Starter Kit framework and the National Risk Assessment standards, so the methodology, program structure and documents all match what AUSTRAC expects.
A straightforward four-step process
LiteAML Foundation's four-step process takes you from risk assessment to a finished AML/CTF Program, without hours spent combing through materials. Whoever handles compliance can document it with far less effort, and a good deal more peace of mind.
Backed by financial crime risk specialists
We specialise in financial crime risk management and have supported regulated businesses across Australia and overseas for years. That background in AML/CTF compliance, risk methodology and regulatory expectations shapes everything in the platform.
Linkage with tools to support ongoing AML compliance
We can seamlessly integrate your AML/CTF Program into the LiteAML toolset, so you not only have the formal documents in place, but the tools and methodology to keep your day-to-day operations compliant. Our toolset is one of the most competitive on the market — reach out to learn more.
See a Sample AML/CTF Program
Below is a de-identified sample AML/CTF Program generated for a fictional small accounting practice, "Sydney Accountants Pty Ltd" — exactly the kind of document LiteAML Foundation builds for your business. Download both to see the level of detail and AUSTRAC alignment behind every program.
Governance, AML/CTF Compliance Officer duties, customer due diligence, PEP and sanctions screening, ongoing monitoring, AUSTRAC reporting and seven-year record keeping — Parts A and B of a complete AML/CTF program.
Download PDFA worked risk assessment covering designated services, customer types, delivery channels and foreign jurisdictions, with a risk matrix, inherent and residual ratings, and the controls relied on to manage them.
Download PDFSample only. Names, dates and figures are fictional and for illustration purposes. Your generated AML/CTF Program is tailored to your business's own details and risk profile.
Get your free AML/CTF Program.
Answer a few guided questions and we'll build your tailored ML/TF Risk Assessment and AML/CTF Policy — free, from day one.