Tranche 2 deadline: 1 July 2026

AML Compliance.
Simplified.

Australia's Tranche 2 AML/CTF reforms are here. We make compliance simple, affordable, and stress-free — so you can focus on running your business.

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$18,780 Daily Fine for Not Registering
$1–30M Typical AML Fine (Non-Bank)
3 days Max Deadline to Report a Suspicion
AML Compliance Security
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Trusted by professionals across Australia

Real Estate
Legal Firms
Accounting
Trust & Co Services
Our Solutions

Comprehensive AML/CTF Solutions

Everything you need to meet your obligations under Australia's Anti-Money Laundering laws. Choose the approach that fits your business.

Most Popular

Initial AML Compliance Setup

Build your AML program with guidance from leading Australian experts who have hands-on experience dealing with AUSTRAC.

  • Assist with AUSTRAC Registration (by 1 July 2026)
  • AML/CTF Program Build (tailored to your business)
  • AML Risk Assessment
  • AML Policies and Procedures
  • Embed AML processes into your existing workflows
  • Update existing customer base to meet AML obligations
  • Staff Training
Get Started

Outsourced Compliance

Hands-off AML. We handle everything from KYC onboarding through transaction monitoring, screening, to reporting and record keeping. We provide both technology and people.

  • KYC Onboarding
  • Ongoing Customer Due Diligence (OCDD)
  • Ongoing PEP & Sanctions Screening
  • Enhanced Due Diligence (EDD)
  • Transaction Monitoring
  • Suspicious Matter Reporting (SMR)
  • 7-Year Records Management
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Advisory Services

Expert guidance on specific compliance matters. From enterprise-wide risk assessments to AML technology advisory and financial crime controls.

  • Enterprise-Wide Risk Assessment
  • Third-Party Risk Assessment
  • AML Technology Advisory
  • Financial Crime Controls Review
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On-Demand Experts

Augment your team with best-in-class AML/CTF professionals — analysts, consultants, and program managers available when you need them.

  • AML Analysts
  • Senior Consultants
  • Program Managers
  • Flexible Engagement
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Industry Specific

Tailored Solutions for Your Industry

We understand each industry's unique compliance challenges and build solutions around them.

AML Compliance for Real Estate Professionals

Real estate agents, buyer's agents, auctioneers, and property developers face new obligations under Tranche 2. We've built compliance solutions specifically for property transactions.

  • Customer identity verification for buyers and sellers
  • Sanctions and PEP screening for property transactions
  • Source of funds verification for high-value purchases
  • Suspicious matter detection and reporting
  • Staff training tailored for real estate workflows
Get Started
Real estate AML compliance

AML Compliance for Accounting Firms

Accountants and tax agents preparing financial reports, managing trust accounts, or advising on financial arrangements face new AML/CTF requirements.

  • Client due diligence for new and existing engagements
  • Risk assessment for financial advisory services
  • Transaction monitoring for managed accounts
  • Company/trust formation compliance checks
  • Integration with accounting practice management tools
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Accounting AML compliance
Regulatory Update

Tranche 2: What You Need to Know

Australia's AML/CTF Act is expanding to cover professional services. Here's your roadmap to compliance.

2025

AUSTRAC Guidance Released

Industry-specific guidance and starter kits published by AUSTRAC to help businesses prepare.

31 March 2026

Enrolment Opens

Official AUSTRAC enrolment portal opens for all Tranche 2 reporting entities.

1 July 2026

Registration & Compliance Deadline

All Tranche 2 entities must register with AUSTRAC, have an AML/CTF program in place, conduct KYC, and begin reporting obligations.

Ongoing

Monitoring & Enforcement

AUSTRAC continues monitoring compliance and enforcing obligations. Fines of up to $18,780 per day for non-registration and up to $30M for serious breaches.

Your Compliance Obligations

01

Enrol with AUSTRAC

Register your business as a reporting entity through the AUSTRAC portal.

02

AML/CTF Program

Develop and implement a written, risk-based compliance program approved by leadership.

03

Customer Due Diligence

Verify customer identities (KYC) before providing designated services.

04

Screening

Screen against sanctions lists, PEP databases, and adverse media sources.

05

Reporting

File Suspicious Matter Reports (SMRs) within 3 days and TTRs for transactions over $10,000.

06

Record Keeping

Maintain compliance records for a minimum of 7 years.

07

Staff Training

Provide ongoing AML/CTF awareness training to all relevant personnel.

Not sure where to start?

Download our free plain-English guide to AML compliance for your industry. Understand your obligations in under 10 minutes.

Download Free Guide
Transparent Pricing

Plans That Fit Your Business

All plans include AUSTRAC-ready documentation and expert Australian-based support. No hidden fees.

Monthly Annual Save 15%

Experts Only

For businesses that already have technology tools supporting AML compliance

From
$ 299 /month
  • KYC documentation preparation for counterparties
  • Sanctions Screening & PEP checks
  • Negative News checks
  • Enhanced Due Diligence (Source of Wealth & Funds)
  • Transaction Monitoring
  • Suspicious Matter Report (SMR) filing
  • Technology platform included
Get Started
Most Popular

Technology + Experts

Comprehensive solution covering all your AML compliance obligations

From
$ 599 /month
  • All features of Technology Only
  • All features of Experts Only
  • KYC, screening, monitoring, EDD & SMR — fully handled
  • Minimal disruption to your business operations
  • Priority expert support for your AMLCO
  • Audit-ready documentation maintained for you
  • Starter, Professional & Enterprise tiers available
Get Started

Technology Only

For businesses whose staff handle day-to-day AML compliance manually

From
$ 199 /month
  • Simple tool to meet ongoing AML obligations
  • Integrates with your existing tools
  • Decisions presented for your approval with explainable rationale
  • Customer risk-rating & SMR filing decisions
  • Intuitive, easy-to-use interface
  • 7-year record keeping obligations met
  • Expert team not included
Contact Sales

All prices in AUD and vary by volume and business size. Each plan is available in Starter, Professional and Enterprise tiers. Contact us for a tailored quote.

About Us

Proudly Australian Owned & Operated

LiteAML was founded with a simple mission: make AML/CTF compliance accessible to every Australian business.

When the Australian Government expanded the AML/CTF Act, we saw thousands of businesses facing complex new obligations without the expertise or resources to comply. We built LiteAML to bridge that gap.

Our team brings decades of combined experience in financial crime compliance, regulatory consulting, and technology. We've worked with banks, fintechs, and professional services firms across Australia.

Clarity

We cut through jargon and give you straight answers.

Reliability

When compliance matters, you need a partner you can count on.

Innovation

Technology makes compliance faster, cheaper, and better.

Integrity

We hold ourselves to the standards we help clients achieve.

Proudly Australian Owned LiteAML Team
Free Resource

Your Free Guide to AML Compliance

A plain-English guide for real estate agents, lawyers, and accountants. Understand your new obligations under Australia's expanded AML/CTF laws in under 10 minutes.

  • What Tranche 2 means for your business
  • Step-by-step compliance checklist
  • Costs breakdown: DIY vs. outsourced
  • Common mistakes to avoid
  • How to choose a compliance provider

Download Your Free Copy

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Get in Touch

Ready to Get Started?

Book a free consultation with our AML specialists. We'll assess your compliance needs and recommend the right solution.

Phone

1300 LITE AML (1300 548 3265)

Email

hello@liteaml.com.au

Location

Sydney, Australia
Serving clients nationwide

Business Hours

Mon–Fri: 8:30am – 5:30pm AEST

Compliance Shield

We'll respond within one business day. No obligation, no pressure.