AUSTRAC Tranche 2 deadline: 1 July 2026
Built for Australian Tranche 2 businesses

AML Compliance Software
for Australian Small Businesses

If you're an accountant, lawyer, conveyancer, or real estate agent — AUSTRAC now requires you to have an AML/CTF programme. AML Shield builds it for you in minutes.

14-day free trial. No credit card required.

Why Australian SMEs Choose AML Shield Pro

A compliance platform built specifically for AUSTRAC‑regulated small businesses.

AUSTRAC‑aligned AML/CTF Program Builder — structured, guided, and audit‑ready

Complete your AML/CTF Program in under 60 minutes — no compliance team required

Audit‑ready exports — clean, professional documents for reviews and audits

Built for Australian SMEs — accountants, bookkeepers, remitters, loan brokers

Affordable, predictable pricing — $49/month Starter plan

Are you one of the 80,000 businesses now regulated by AUSTRAC?

Accountants & Tax Agents
Solicitors & Barristers
Conveyancers
Real Estate Agents
Jewellers & Dealers
Financial Advisers

Under AUSTRAC's Tranche 2 reforms, these professions must enrol with AUSTRAC, build an AML/CTF programme, perform customer due diligence, and keep records — or face penalties up to $18.5 million.

Get compliant in 4 steps

No compliance expertise needed. AML Shield guides you through everything.

Step 1

Business Profile

Tell us about your business type and services

Step 2

ML/TF Risk Assessment

Answer questions — we generate your AUSTRAC-ready risk assessment

Step 3

AML/CTF Programme

AI generates your complete Part A & B programme document

Step 4

Stay Compliant

Log CDD records, staff training, and suspicious matter reports

Everything you need to stay compliant

ML/TF Risk Assessment

AI-generated risk assessment tailored to your business type, customers and services. Download as Word document.

AML/CTF Programme (Part A & B)

Complete programme covering all AUSTRAC requirements — CDD, monitoring, training, and more. Download as Word document.

Customer Due Diligence (CDD)

Log and track CDD checks for each client. Standard and enhanced CDD workflows. KYC verification. Review reminders.

Staff Training Records

Record initial and refresher AML/CTF training for each staff member. Automatic annual reminders.

Suspicious Matter Reports (SMR)

Track SMRs submitted to AUSTRAC with reference numbers and status. Fully auditable.

Immutable Audit Trail

Every action logged automatically. 7-year record retention as required by the AML/CTF Act 2006.

Trusted by Australian professionals

Accountants, lawyers and real estate agents across Australia use AML Shield to meet their AUSTRAC obligations.

AML Shield took what felt like an overwhelming compliance task and made it manageable. Had our AML/CTF programme ready in under an hour. Highly recommend for any accountant facing Tranche 2.

Michael B.
Principal, accounting firm — Sydney NSW

The CDD workflow is exactly what we needed. We can log client due diligence checks, track enhanced CDD, and have a full audit trail ready for AUSTRAC. Worth every cent.

Sarah L.
Solicitor, property law — Melbourne VIC

I had no idea where to start with AUSTRAC compliance. AML Shield walked me through the risk assessment and generated a complete programme. The SMR tracking feature is a bonus.

David R.
Director, real estate agency — Brisbane QLD

Simple, honest pricing

Start with a 14-day free trial — full access, no credit card required.

After your trial, choose the plan that fits. Cancel anytime.

Starter
Sole traders & small practices
$49 /month
  • ML/TF risk assessments
  • AML/CTF programme builder
  • CDD records & workflows
  • 7-year audit trail
  • Email support
Start free trial
Most Popular
Professional
Growing teams & multi-staff firms
$99 /month
  • Everything in Starter
  • Team access
  • Enhanced reporting tools
  • Document export
  • Priority support
Start free trial
Partner
Compliance consultants & multi-client firms
$199 /month
  • Everything in Professional
  • Unlimited client profiles
  • White-label reports
  • Partner dashboard
  • Dedicated support
Start free trial

See full plan comparison →

Frequently asked questions

Who needs to comply with AUSTRAC Tranche 2?
Under the AML/CTF Amendment Act 2024, accountants, tax agents, lawyers, conveyancers, real estate agents, financial advisers, and dealers in precious metals and stones must enrol with AUSTRAC and implement an AML/CTF programme by 1 July 2026.
What is an AML/CTF programme?
An AML/CTF programme is a document that explains how your business identifies, manages, and mitigates money laundering and terrorism financing risks. It has two parts: Part A (your risk management approach) and Part B (your customer due diligence procedures). AML Shield generates both.
Is the generated programme legally compliant?
AML Shield generates programmes referenced to the AML/CTF Act 2006 and AUSTRAC guidance. We recommend reviewing the document with your compliance adviser for your specific circumstances. It is not a substitute for legal advice.
What is customer due diligence (CDD)?
CDD is the process of identifying and verifying your clients' identity and understanding the nature of your business relationship. AUSTRAC requires you to apply standard CDD for all clients and enhanced CDD for higher-risk clients such as PEPs.
What is a Suspicious Matter Report (SMR)?
If you suspect a transaction or client is linked to money laundering or terrorism financing, you must submit an SMR to AUSTRAC within 24 hours. AML Shield lets you track all SMRs submitted with reference numbers and status.
Can I cancel my subscription anytime?
Yes. Cancel from the Billing page at any time. You keep access until the end of your billing period. No lock-in contracts.

AML/CTF Compliance Resources for Australian Businesses

AML/CTF Programme Requirements

Under the AML/CTF Act 2006 and AUSTRAC's Tranche 2 reforms, reporting entities must maintain a written AML/CTF programme covering Part A (the risk management approach) and Part B (customer due diligence and KYC procedures). AML Shield generates both parts, tailored to your business type and designated services. Many businesses subject to AML obligations also carry obligations under the Privacy Act 1988 — Privacy Act Shield Pro provides dedicated Australian privacy compliance tools alongside your AUSTRAC programme.

ML/TF Risk Assessment

A money laundering and terrorism financing (ML/TF) risk assessment is the foundation of your AML/CTF programme. It identifies your customer types, services, geographic exposure, and transaction volumes to determine your overall risk rating. AUSTRAC requires this to be documented and reviewed regularly. AML Shield generates a compliant risk assessment in minutes.

Customer Due Diligence & SMR Obligations

Reporting entities in NSW, VIC, QLD, WA, SA, TAS, ACT and NT must perform standard or enhanced customer due diligence (CDD) for all clients, submit suspicious matter reports (SMRs) to AUSTRAC within 24 hours, and maintain training records for all staff. AML Shield manages all of these obligations in one place.

Don't wait until the deadline

The AUSTRAC Tranche 2 deadline is 1 July 2026. Get your AML/CTF programme in place today — it takes less than an hour.

Build Your Programme Free →