Enrolment deadline:
40days
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00min
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until 29 July 2026 · enrol with AUSTRAC and notify your compliance officer
New obligations commence 1 July 2026 — enrol by 29 July 2026

From 1 July 2026, your law practice is an AUSTRAC reporting entity.

The done-for-you AML/CTF program for solicitors, conveyancers and small law firms — 25 editable documents, forms & registers plus the offline AML Compliance Cockpit — drafted for legal practice, mapped to the reformed obligations, and ready before the 29 July 2026 enrolment deadline. Built by people who understand that privilege and confidentiality are not optional for you.

Enrol in AUSTRAC Online and notify your AML/CTF compliance officer by 29 July 2026.
25 documents, forms & registers
AML Compliance Cockpit (offline tool)
Drafted for legal practice, with an LPP claim workflow
Instant download · yours to keep
Are you captured?

Most legal practices are reporting entities from 1 July 2026.

If your practice provides any of the nine legal "designated services" below, the full set of AML/CTF obligations applies. It does not matter whether you are a sole practitioner, a two-partner firm or a conveyancing business — the obligations attach to the service, not your title. Real-property work and statutory trust accounts are the highest-volume triggers, so most firms doing conveyancing, settlements or company/trust work are caught.

Item 1

Real property transactions

Assisting a client to buy, sell or transfer real estate. The highest-volume trigger — it captures property lawyers and conveyancers on essentially every matter.

Item 2

Transferring a body corporate or legal arrangement

Assisting a client to buy, sell or transfer a company, legal person or legal arrangement — for example, acting on the sale of a company or a trust.

Item 3

Managing client money or property (trust accounts)

Receiving, holding, controlling or managing a client's money, accounts, securities or other property when assisting to plan or execute a transaction. The statutory-trust-account trigger that catches almost every practice.

Item 4

Equity or debt financing

Assisting a client with the provision of equity or debt financing for a transaction.

Item 5

Selling or transferring a shelf company

Selling or transferring a pre-registered, dormant ("shelf") company to a client.

Item 6

Creating or restructuring entities & legal arrangements

Assisting a client to create or restructure a body corporate or legal arrangement — company, trust and partnership formations and restructures.

Item 7

Acting as, or arranging, a director, secretary, attorney, trustee or partner

Acting as — or arranging for someone else to act as — a director, secretary or attorney of a non-natural person, or as a trustee or partner.

Item 8

Acting as, or arranging, a nominee shareholder

Acting as — or arranging for another person to act as — a nominee shareholder for someone other than yourself.

Item 9

Registered office or business address

Providing a registered office address or a principal place of business address for a client's entity.

Not captured

Services generally not designated (in isolation)

Pure litigation and advocacy, advice that does not assist to plan or execute a designated transaction, and family or criminal work without trust-account control or transaction authority. Privilege also protects much of this. Always verify against your own facts.

The practical reality for most firms: if you run a statutory trust account, do conveyancing or settlements, or form and restructure companies and trusts, you are almost certainly a reporting entity from 1 July 2026. Check your status with AUSTRAC's free self-assessment tool at austrac.gov.au/amlctf-reform/check-if-you-may-be-regulated-reform, then take advice on the line-drawing inside individual matters.

Enrol with AUSTRAC by 29 July 2026

Enrolment opened 31 March 2026. New entities providing designated services from 1 July must enrol in AUSTRAC Online and notify their compliance officer by 29 July 2026.

ML/TF and proliferation financing risk assessment

Identify and document the money laundering, terrorism financing and proliferation financing risks specific to your practice, your client base and the matters you act on — including trust-account through-payments and source-of-funds opacity.

AML/CTF policies and controls

Develop and maintain written policies, procedures, systems and controls that manage and mitigate the risks you have identified across your matters.

Appoint an AML/CTF compliance officer

Designate a compliance officer and notify AUSTRAC of the appointment by 29 July 2026. For most practices this is the principal/legal practitioner director.

Customer due diligence

Identify and verify your clients (name, address, DOB for individuals) and identify beneficial owners who own or control 25% or more of a corporate or trust client — including through nominee and layered structures.

SMR and TTR reporting — with LPP preserved

Lodge suspicious matter reports (24 hours for terrorism financing; 3 business days for other suspicions, extending to 5 business days where legal professional privilege is asserted via the AUSTRAC LPP claim form). Lodge threshold transaction reports for physical cash of $10,000 or more within 10 business days.

Record-keeping for 7 years

Retain CDD records, transaction records and AML/CTF program documents for the required periods — critical if AUSTRAC ever requests them.

Independent evaluation periodically

Arrange an independent evaluation of your whole AML/CTF program — not just the policies, but the entire program — at least once every three years under the reformed regime.

$10,000+

A bespoke AML/CTF program from a specialist consultant typically starts around $10,000 for a small legal practice and climbs from there — before annual maintenance. That is a heavy bill for a sole practitioner or a small firm, for documents you then still have to read, customise to your matters, and implement yourself.

The Legal Edition gives you the same starting documents — drafted for legal practice, mapped to the reformed obligations, with an LPP-claim workflow built in — for a fixed price, yours to keep.

What you get

25 documents, forms & registers — plus the AML Compliance Cockpit — your complete AML/CTF program.

Look inside — see real sample pages →

The 13 core policies and procedures, plus a full operational layer (fillable client-identification forms, beneficial-ownership and source-of-funds forms, PEP/DFAT sanctions screening, transaction-monitoring logs, SMR/TTR and training registers, a compliance calendar, and — critically for legal practice — an LPP claim workflow and a matter-by-matter designated-service determination worksheet), and the interactive AML Compliance Cockpit. Every document is editable Microsoft Word with [Practice Name], [Date] and [Compliance Officer] merge fields you fill in with your own details. This is a one-time program build — not ongoing screening software, not a consultant sign-off, and not the independent evaluation AUSTRAC requires at least every three years.

1

Start Here & AUSTRAC Enrolment Guide

Step-by-step AUSTRAC Online enrolment walkthrough, key dates, and a pre-launch checklist for the 29 July 2026 deadline.

2

ML/TF and Proliferation Financing Risk Assessment

A working risk assessment covering money laundering, terrorism financing and proliferation financing — with legal-practice-specific risk factors: trust-account layering, conveyancing settlements, company and trust formation, nominee and fiduciary roles, third-party payers and source-of-funds opacity.

3

AML/CTF Policies and Controls

Your core policies, procedures, systems and controls mapped to the reformed obligations. The heart of a compliant AML/CTF program.

4

Customer Due Diligence Procedure

Initial CDD for individual clients (name, address, DOB) and corporate/trust clients, plus beneficial ownership verification to the 25% control threshold through complex structures.

5

Enhanced CDD — High Risk Clients

Additional steps for higher-risk parties: PEPs, offshore clients and foreign-sourced funds, opaque ownership structures, nominee arrangements and clients from higher-risk jurisdictions.

6

Compliance Officer Appointment

Appointment letter and role description to formally designate your AML/CTF compliance officer — required by the 29 July 2026 deadline.

7

SMR Procedure & Template (with LPP claim workflow)

Suspicious matter reporting workflow for legal practice (e.g. unexplained source of funds, trust-account through-payments with no legal purpose, aborted matters once CDD begins), escalation procedure, and a ready-to-complete SMR template. 24-hour TF / 3-business-day standard timeframes, extending to 5 business days where privilege is asserted via the AUSTRAC LPP claim form.

8

TTR Procedure & Template

Threshold transaction reporting for physical cash of $10,000 or more (lodge within 10 business days), with a lodgement template and guidance on detecting structured deposits.

9

Staff Training & Employee Due Diligence

An AML/CTF training framework for your legal team and support staff, and an employee due-diligence process appropriate for a practice environment.

10

Record-Keeping Policy

What records to keep, for how long, and how — mapped to AML/CTF record-keeping requirements. Integrates with existing matter and trust-account file management.

11

Independent Evaluation Checklist

Scope brief and structured checklist to commission the independent evaluation of your whole AML/CTF program, required at least every three years under the reformed regime.

12

Governance & Principal Oversight

Accountability structure, principal/director reporting lines and an oversight register so the practice principal can demonstrate governance oversight of the AML/CTF program.

13

Client Risk-Rating Tool — How-To Guide

How to use the included interactive risk-rating tool on a client or matter and keep its output on the client's CDD file.

The operational layer

Plus the forms, registers & procedures that make it actually work.

Most kits stop at policies. These are the practical, fillable tools your team uses on every matter — so you can run the program, not just file it.

14

AML/CTF Program — Master Document & Contents Map

The front sheet that ties every policy, procedure, form and register together with owners, approval dates and the review cycle.

15

Designated-Service Determination Worksheet

Document why each of your services — and each matter — is or isn't a designated service, with a geographic-link check and sign-off. Your matter-by-matter "am I a reporting entity?" evidence.

16

Customer Identification (KYC) Forms

Four ready-to-use forms — individual/sole trader, company, trust, and partnership — each with the identity fields, verification-evidence table and risk rating for clients.

17

Beneficial Ownership & Control Identification Form

Capture every individual who owns or controls 25% or more of a corporate or trust client — including through nominees and layered structures — with verification and sign-off.

18

Source of Funds & Source of Wealth Questionnaire

A structured questionnaire and evidence checklist for higher-risk clients, offshore funds, third-party payers and unexplained sources.

19

PEP & Sanctions (DFAT) Screening — Procedure + Register

When and how to screen clients against the DFAT Consolidated List and PEP indicators, how to handle a hit, plus the screening register to log it.

20

Ongoing CDD & Transaction Monitoring — Procedure + Log

Review cadence, trigger events and the unusual-activity signals to watch for across a matter, with a monitoring log to evidence it.

21

Red Flags & Typologies — Staff Quick-Reference Guide

A practical, legal-practice-specific one-pager so every practitioner knows the warning signs — lawyer-as-conduit through-payments, structured cash, undervalue transfers, opaque beneficial ownership — and exactly what to do (without tipping off).

22

SMR & TTR Registers

Ready registers to record every suspicious-matter and threshold-transaction report considered and lodged, with AUSTRAC references and retention.

23

AML/CTF Training Register & Staff Attestation

Track who was trained, on what and when — plus an attestation each staff member signs acknowledging their obligations.

24

Compliance Calendar & Obligations Register

A pre-populated calendar of recurring obligations — reviews, training, screening, record checks, independent evaluation — so nothing slips.

25

LPP Claim Workflow & Retainer-Disclosure Pack

A worked legal-professional-privilege line-drawing workflow and the AUSTRAC LPP claim-form process, plus retainer-disclosure language aligned to the Law Council's consultation direction — so you protect privilege and manage tipping-off versus your duty of candour. (Includes the independent-evaluation report template structure for your reviewer.)

Interactive · included · offline

The AML Compliance Cockpit — your free bonus tool

An offline, browser-based command centre tailored for legal practice, included with every licence. Seven tools in one private workspace: an "Am I caught?" matter-scope check, a client ML/TF risk-rating engine, a CDD checklist generator, automatic SMR and TTR draft builders, a deadline & obligations tracker, and a records register. Everything runs in your browser — no data leaves your computer, nothing is uploaded, which matters when the inputs are client matters. It turns a folder of documents into a working compliance system.

Pricing

Two editions. One fixed price each. Everything included.

The complete 25-piece program (documents, forms & registers) and the AML Compliance Cockpit, licensed for your practice — no subscription, no upsells. A bespoke legal AML program from a specialist consultant runs well into five figures; both editions below are a fraction of that, yours to keep.

Sole / independent

Conveyancer Edition

For sole and independent conveyancers, where nearly every matter is a designated service (Item 1 real property + Item 3 trust account) and CDD must run on essentially 100% of files. The cheapest credible turn-key program — bolts onto your existing settlement/PEXA workflow without hiring anyone.

$497
one-off · AUD · GST incl.
  • All 25 documents, forms & registers + AML Compliance Cockpit
  • Drafted for legal practice — trust accounts, settlements & CDD
  • LPP claim workflow included
  • Editable Word — customise everything
  • Instant download · yours to keep
  • 12-month update guarantee
Feature Legal Edition — from $497 Specialist consultant Generic online template
Upfront cost$497 one-off$10,000+ and risingFree (generic baseline)
Time to get documentsInstant downloadWeeks of scoping & draftingInstant, but you build it out yourself
Drafted for legal practiceYes — all 9 designated servicesDepends on consultantNo — generic, all sectors
Covers reformed program structure (no Part A/B)YesDepends on consultantYes
Trust-account, conveyancing & lawyer-as-conduit risk factorsYesDepends on scopeNo
LPP claim workflow & privilege line-drawingYes — built inDepends on consultantNo
Tipping-off vs duty-of-candour guidance + retainer disclosureYesDepends on consultantNo
Beneficial ownership — 25% threshold through trusts & nomineesYesDepends on scopePartial
Editable Word documentsYesOften locked PDFsYes
Interactive client risk-rating & SMR/TTR draft tool (offline)YesNot standardNo
Independent evaluation (required every 3 years)Scope brief & checklist included — reviewer engaged separatelySometimes bundledNo
12-month update guaranteeYesRe-quoted on updatesUpdated by AUSTRAC, generic
How it works

From checkout to a functioning AML/CTF program in four steps.

1

Buy securely

Check out in a couple of minutes. Secure payment, instant access — no subscription, no renewal.

2

Download instantly

Get all 25 editable documents, forms & registers and the offline AML Compliance Cockpit the moment you pay.

3

Customise the merge fields

Drop in your practice name, compliance officer's name and your details — the structure and substance are already done.

4

Implement & enrol

Adopt your program, brief your legal team, run the risk-rating tool on your matters and enrol with AUSTRAC by 29 July 2026.

The honest objections

Things you might be thinking. Addressed directly.

Reporting on my own clients collides with my duties of candour and confidentiality. How does the Legal Edition handle privilege and tipping-off?"

This is the defining legal-sector nuance, and the Legal Edition is built around it. First, privilege is preserved: AUSTRAC states the common-law doctrine of legal professional privilege remains unchanged, and you are not compelled to disclose privileged communications. Where an SMR would require disclosing privileged information, you lodge an AUSTRAC LPP Claim Form alongside the SMR, formally identifying what is privileged and withholding only that part — and asserting LPP extends the standard SMR deadline from 3 to 5 business days (the extension does not apply to terrorism financing, which stays at 24 hours). Second, not everything is privileged: CDD/KYC identity data, trust-account fund movements, formation mechanics and source-of-funds information are generally administrative, so you still file the SMR and the non-privileged content. The hard work is line-drawing inside a single matter, and the Edition gives you a structured workflow to do it. Third — the deepest conflict — tipping-off: once a suspicion forms you must lodge the SMR but must not tell the client (or any unauthorised person) that the obligation has arisen or been met, which collides with your duties of candour and acting in the client's best interests. The Law Council consulted (submissions closed 30 March 2026) on ASCR amendments, including a rule that the retainer should tell clients up-front that the solicitor is subject to statutory reporting obligations. The Legal Edition includes retainer-disclosure language aligned to that direction and a red-flags reference that tells your team exactly what to do without tipping off — so you protect both your clients' privilege and your firm's independence, rather than becoming, in the Law Council's words, an 'agent of law enforcement.'

My matters are privileged — how can I possibly report on my own clients?"

Legal professional privilege survives the reforms untouched — AUSTRAC has confirmed the common-law doctrine is unchanged. But not everything in a matter is privileged: CDD and identity data, trust-account fund movements, company and trust formation mechanics, and source-of-funds information are generally administrative and not privileged, so you still file the SMR and the non-privileged content. Where a report would require disclosing privileged communications, you assert privilege using AUSTRAC's LPP Claim Form and withhold only that part. The Legal Edition gives you a worked LPP-line-drawing workflow and the claim-form process so you are not improvising this under a deadline. (See the dedicated privilege answer above.)

My professional body — the Law Society / Law Council — will sort this out for me."

Your professional body is publishing guidance, and the Law Council consulted (submissions closed 30 March 2026) on amending the Australian Solicitors' Conduct Rules and adding a retainer-disclosure rule. But that guidance points you back to your own statutory obligations. AUSTRAC regulates you directly. The enrolment, the program, the CDD and the reporting are yours to do — your professional body cannot fulfil them for you.

I'll just hire a consultant when the time comes."

A specialist AML/CTF program for a small legal practice typically starts around $10,000 and takes weeks to scope and draft. The deadline is weeks away. The Legal Edition does not replace a specialist if your risk profile is genuinely complex — but for the large majority of small firms providing standard designated services, it gives you an accurate, legal-specific base to start from today, for a fixed price instead of an open-ended quote.

Can't I just use the free AUSTRAC starter kit?"

You can — and you should look at it. AUSTRAC publishes a free starter kit for small, low-complexity reporting entities, and we tell you that honestly. The starter kit is a generic baseline. The Legal Edition is built for legal practice specifically: the nine designated services, the trust-account and conveyancing risk factors, the LPP claim workflow, the tipping-off-versus-candour guidance, and matter-by-matter scoping. If your practice is genuinely simple and you have time to build it out yourself, start with AUSTRAC's free kit. If you want a complete, legal-specific program drafted and ready to implement now, that is what you are paying for here.

How is this different from a generic AML template online?"

Most generic templates were written for financial-services firms under the old Part A / Part B program structure, which the 2024 reforms replaced. The Legal Edition is built on the reformed structure (ML/TF risk assessment + AML/CTF policies + independent evaluation of the whole program) and every risk factor, designated-service description and CDD procedure is specific to legal practice: trust-account layering, conveyancing settlements, beneficial ownership through trusts and nominees, the lawyer-as-conduit red flags, and the privilege line.

Does buying this make my firm compliant?"

No — and we will not pretend otherwise. The Legal Edition gives you the starting documents for an AML/CTF program. Compliance comes from implementing them: adopting the policies, training your people, enrolling with AUSTRAC, doing CDD on your clients, keeping records, lodging reports when required, and commissioning the independent evaluation AUSTRAC requires at least every three years. We provide the accurate, legal-specific build; you provide the implementation and ongoing oversight.

12-month update guarantee

If AUSTRAC updates its Tranche 2 guidance for legal practices within 12 months of your purchase, you receive the updated documents free of charge. Buy once, stay current through the rollout year.

The Legal Edition provides done-for-you documents that you implement. We do not promise any particular regulatory outcome, that you will avoid penalties, or that AUSTRAC will be satisfied with your program — compliance depends entirely on your own implementation, training and ongoing oversight. This is general compliance support material, not legal advice, and does not create a professional relationship. It is not affiliated with or endorsed by AUSTRAC, the Attorney-General's Department, the Law Council of Australia, any state Law Society, or any government or professional body.

Why you can trust it

How this kit is made — and why you can trust it

We sell to risk-averse professionals, so we're upfront about what this is, how it's built, and where its limits are.

Built from primary sources
AUSTRAC's published guidance and the AML/CTF Act 2006 (as amended by the 2024 Amendment Act) — not generic templates. Every regulatory figure is sourced.
Reviewed for accuracy
Drafted with AI assistance and human-reviewed against primary sources. When AUSTRAC updates its guidance, we correct fast.
Kept current
Free updates through the 2026 rollout, re-issued as the Rules bed in. You won't fall behind.
Honest by design
General information, not legal advice; not affiliated with or endorsed by AUSTRAC. We never promise compliance — that depends on how you implement and follow your program.

Published by Axior Labs (ABN 91 949 773 596), Bendigo, Victoria.

Questions

Straight answers before you buy.

Are lawyers and conveyancers really captured by Tranche 2?

Yes. Under the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (Cth) as amended by the 2024 reforms, legal practitioners and conveyancers who provide specified "designated services" become reporting entities from 1 July 2026. The nine legal designated services include real-property transactions, managing client money in trust accounts, creating and restructuring companies and trusts, acting as nominee director or shareholder, and providing a registered office — services that form the core of most practices. Verify your status with AUSTRAC's free "Check if you may be regulated" tool at austrac.gov.au.

Does the AML/CTF Act override legal professional privilege?

No. AUSTRAC has confirmed the common-law doctrine of legal professional privilege remains unchanged. You are not compelled to disclose privileged communications. Where a reporting obligation would require disclosing privileged information, you assert privilege using AUSTRAC's LPP Claim Form, lodged at the same time as the SMR, and withhold only the privileged part. Much of what triggers obligations — identity data, trust-account movements, formation mechanics, source of funds — is administrative and generally not privileged, so you still report that. The Legal Edition gives you the line-drawing workflow and the claim-form process.

What are the SMR and TTR timeframes, and how does asserting privilege change them?

SMR (suspicious matter report): within 24 hours for a suspicion related to terrorism financing, or 3 business days for any other suspicion. Asserting LPP extends the standard SMR deadline to 5 business days (this extension does not apply to terrorism financing, which stays at 24 hours), and the LPP claim form is lodged at the same time. You must not tip off the client that an SMR has arisen or been lodged. TTR (threshold transaction report): physical currency of $10,000 or more must be reported within 10 business days. Source: austrac.gov.au reporting and LPP-reform guidance.

Isn't there a free AUSTRAC starter kit? Why pay $497?

There is, and we say so plainly: AUSTRAC publishes a free starter kit for small, low-complexity reporting entities. It is a generic baseline you build out yourself. The Legal Edition is a complete, legal-specific program — the nine designated services, trust-account and conveyancing risk factors, the LPP claim workflow, tipping-off-versus-candour guidance, retainer-disclosure language, and matter-by-matter scoping — drafted and ready to implement now. If your practice is genuinely simple and you have time, start with AUSTRAC's free kit. If you want the work done to a legal-practice standard before the deadline, that is what the $497 buys (or $497 for a sole conveyancer).

What exactly am I buying — and what is not included?

You are buying a one-time program build: 25 editable documents, forms and registers (~223 pages) plus the offline AML Compliance Cockpit, drafted for legal practice. It is not ongoing transaction-screening software, not a consultant's sign-off on your specific matters, and not the independent evaluation AUSTRAC requires of your whole program at least once every three years — the Edition includes the scope brief and checklist to commission that evaluation, but a qualified independent reviewer must perform it. You implement the program; we provide the accurate starting build.

Is this legal advice, and are you affiliated with AUSTRAC or the Law Society?

No on both. The Legal Edition is general compliance support material — editable templates and guidance you adapt to your own practice — not legal advice, and it does not create a professional relationship. AMLCompliant is an independent product, not affiliated with, endorsed by, or acting for AUSTRAC, the Attorney-General's Department, the Law Council of Australia, any state Law Society, or any government or professional body. We reference AUSTRAC's published guidance so the documents map to real obligations; for advice on your specific position, engage a qualified Australian lawyer with AML/CTF expertise.

What format are the documents in, and what is the Cockpit?

All 25 documents, forms and registers are editable Microsoft Word (.docx) files with clearly marked merge fields — [Practice Name], [Date], [Compliance Officer Full Name] and similar. The AML Compliance Cockpit is a single self-contained HTML file that runs offline in any browser: an "Am I caught?" scope check, a client ML/TF risk-rating engine, a CDD checklist generator, SMR and TTR draft builders, a deadline tracker and a records register. Nothing is uploaded, no data leaves your computer — which matters when the inputs are client matters. You download everything immediately after purchase.

Be ready before 29 July 2026

Get your law practice's AML/CTF program sorted today.

25 editable documents, forms and registers and the AML Compliance Cockpit — drafted for solicitors, conveyancers and small law firms, with the LPP claim workflow built in, delivered the moment you pay.

Conveyancer Edition
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one-off · AUD · GST incl.
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Obligations start 1 July 2026 · enrol and notify your compliance officer by 29 July 2026