AML/CTF obligations for Tranche 2 businesses have been in force since 1 July 2026.
Book a demoReal estate agencies, buyers agents and developers, conveyancers and settlement agents, law firms, accounting practices, and trust and company service providers.
One platform for the whole obligation, not just the identity check. Customer due diligence, beneficial ownership, screening, risk, reliance, program documents and an 8-year audit trail. Compliance status syncs to REX without replacing the systems you already run.
Most tools sold into Tranche 2 are identity verification with AML branding. They verify an individual and stop. That holds up until a company buys the property, or AUSTRAC asks to see your program. Six things worth checking your current tool actually does.
One request returns the natural persons who own or control the entity, each with screening status, plus a bureau report attached as evidence. Your compliance officer approves the determination before CDD proceeds.
Without it: you read an ASIC extract yourself and hope you traced the chain correctly.
The business wide ML/TF risk assessment, the AML/CTF policies, the compliance action plan and the staff training manual, generated from the same answers so they stay consistent with each other.
Without it: you bought a screening tool and you still have no program.
A statutory reliance register and secure evidence sharing, so a party verified once by another reporting entity is not put through the whole process again.
Without it: the same buyer is verified by the agent, then the conveyancer, then the lawyer, and someone pays three times.
Sales agents, property managers and admin staff, not only the compliance officer. Role appropriate, available in multiple languages, with completion records a supervisor can inspect.
Without it: your program says your staff are trained and nothing proves it.
Every risk score and re-score, every officer override with its written reason, every match disposition. Immutable, timestamped, kept for seven years.
Without it: a spreadsheet export, and a decision you have to reconstruct from memory months later.
Buyers and sellers pay through a secure link, the same way they pay for a conveyancing search. Every customer paid check earns credit back against your subscription.
Without it: compliance stays a cost line that grows with your transaction volume.
If your current tool handles the first item on that list, it is probably serving you well. If it does not, the gap turns up on the transaction where it costs the most.
See the difference in 20 minutesIf your business provides a designated service, your business is the reporting entity. Not your consultant. Not your outsourced provider. You.
AUSTRAC is explicit on this. Outsourcing an AML/CTF function does not move the liability. Your business remains legally responsible for a breach, and your business carries the penalty.
AML Guard is built around that reality. Every screen states what your team needs to do, why it matters and what happens next. Plain English guidance, step by step workflows, and notifications that link straight to the action required. Your team stays in control, and your audit trail proves it.
As at 2026. Source: AUSTRAC, "Using outsourcing to help meet your AML/CTF obligations".
Your obligation runs alongside a transaction that still has to settle. AML Guard fits the work rather than interrupting it.
Compliance status syncs to REX so your team sees progress against a listing. Only status indicators leave the platform, never sensitive CDD data.
Buyers and sellers pay for their own checks through a secure link. Completed checks earn credit back against your subscription, capped at your licence fee.
Every check, decision and status change is logged and cannot be edited or deleted. Encrypted vault, 8-year retention, ready the day AUSTRAC asks.
When your customer is a company, the obligation is to identify the natural persons who ultimately own or control it. One request returns them, each with screening status, plus a downloadable bureau report as evidence. Where a trust or SMSF holds through a corporate trustee, that trustee runs its own determination on its ACN.
From enrolment onwards, in one place, with the evidence recorded as you go.
Clients verify on their phone with a biometric face match and document scan. 14 document types accepted. Results flow straight into the compliance case.
Over 200 country watchlists including DFAT, UN, EU and OFAC, plus adverse media and deceased checks, with automatic re-screening.
Guided workflow through verification, screening, risk and sign off. Statutory reliance register under sections 37A and 38, with secure evidence sharing.
A 42 factor engine across six AUSTRAC aligned categories. Ratings re-score when new information lands, and an officer override always carries a written reason.
Guided wizards produce the four artefacts as one linked set: the ML/TF risk assessment, the AML/CTF policies, the compliance action plan and the training manual.
Every check, decision and status change logged and immutable. Encrypted vault with time limited access links. When AUSTRAC asks, the evidence is assembled.
Compliance status pushes to REX with no sensitive data leaving the platform. Link cases to contacts and listings, and pre-check your database before you call.
Role appropriate modules in multiple languages, with completion records held against each staff member for inspection.
Suspicious matter and threshold transaction report preparation, with tipping off controls built in and an officer approval step.
Your branded secure link. The client enters details, declarations and source of funds, pays and verifies identity in one flow, then your agents and officer are alerted.
A three user agency needs four customer paid verifications a month to offset the subscription entirely.
Every check includes identity verification, sanctions and PEP screening, adverse media, deceased check and risk assessment. The total shown is what a buyer or seller pays on the secure link.
Twenty minutes. We walk a complete CDD case end to end, run a live beneficial ownership determination, and show you the credit back model against your actual transaction volume.
Book a demoNo commitment. AML Guard is not self service, so every account is configured to your designated services and risk profile before you use it.