Company onboarding & company formation
Capture company details, directors, authorised representatives, ownership and control. Use a dedicated pathway when the engagement involves setting up or forming a company.
Start with the right structure – individual, company or trust
Flagship AML adapts the compliance workflow to the client you are onboarding and the engagement or designated service your business is providing.
Trust onboarding, trust establishment & SMSFs
Onboard existing trusts or use a dedicated workflow when your practice is establishing a trust. Record trustees, relevant trust parties and self-managed superannuation funds (SMSFs) within the same structure-aware workflow.
Individual & sole trader onboarding
Onboard individuals and sole traders with client and engagement information captured in a clear workflow, ready for KYC, verification and risk assessment.
Fast digital onboarding & flexible identity verification
Send secure digital onboarding forms, reduce re-keying and connect client information with KYC and flexible identity verification inside the same AML/CTF compliance workflow.
Beneficial ownership tracing for companies, trusts and partnerships
Beneficial ownership is rarely just a shareholder list. Flagship AML helps your business trace ultimate beneficial ownership through layered companies, trusts, partnerships, SMSFs and control arrangements.
1
Trace companies
Follow indirect ownership through intermediate entities and aggregate relevant ownership interests to identify ultimate beneficial owners.
2
Trace trusts & SMSFs
Continue through trust structures rather than stopping at the trustee. Include SMSFs and corporate trustee arrangements in the ownership analysis.
3
Identify ownership + control
Capture control that may arise from appointment rights, veto rights or management arrangements – not just percentage ownership.
Connected customer due diligence
Move from onboarding to KYC/KYB, verification, screening and Enhanced Due Diligence without breaking the audit trail.
KYC / KYB
Customer and business due diligence for individuals, sole traders, companies, trusts and other entity types. Connect ASIC searches, directors, ownership, control and beneficial owners with the engagement.
Flexible identity verification
Support different permitted verification methods while keeping the professional in control of the approach used.
Digital ID Verification
Record digital identity verification outcomes within the customer due diligence workflow while minimising unnecessary retention of identity documents.
PEP, sanctions & watchlist screening
Keep PEP screening, sanctions screening and criminal watchlist screening connected to the relevant person and KYC/KYB record.
Risk-based Enhanced Due Diligence
Escalate higher-risk customers and engagements into EDD, including source of funds, source of wealth, rationale, approvals and monitoring conditions.
Audit-ready records
Keep information, approvals, changes and the reasons behind the selected compliance pathway available for review and reporting.
One connected AML/CTF compliance workflow
The same system supports your business-wide controls and customer-level workflow, with reports and evidence available throughout.
Business ML/TF Risk
Onboarding
Onboarding Reports
KYC / KYB
KYC Reports
Digital ID Verification
Flexible Identity Verification
ASIC Searches
UBO Tracing
Beneficial Owner Reports
Risk Assessment
PEP Screening
Sanctions Screening
Watchlist Screening
EDD
EDD Reports
SMR Reporting
TTR Reporting
Annual Reports
Training
Monitoring
Reporting Groups
Compliance depth for professional practices
Business ML/TF risk assessment
Assess money laundering and terrorism financing risks across your business model, services, customer types, delivery channels and geographic exposure.
Training & compliance records
Support AML/CTF training, governance and evidence of the controls your practice has implemented.
Ongoing monitoring & review
Monitor customer relationships over time, schedule risk-based reviews and keep changes connected to the original customer and engagement.
Workflow reports
Produce Onboarding Reports, KYC Reports, Beneficial Owner Reports, EDD Reports and Annual Reports across the workflow.
SMR & TTR reporting workflow
Support the information-gathering and record-keeping workflow for Suspicious Matter Reports and Threshold Transaction Reports.
Built for professional sectors
Flagship AML is designed for small professional services businesses navigating Australia's AML/CTF regime. See why Flagship AML is designed for small and independent firms.
Stay in control. Stay audit-ready.
Flagship AML connects client onboarding, engagement setup, customer due diligence, UBO tracing, risk assessment, approvals, monitoring and reporting in one intelligent AML/CTF workflow.
Intelligent enough to adapt. Structured enough to guide. Transparent enough to audit.
AML/CTF software for accountants, lawyers, conveyancers, real estate agents, business brokers and dealers in precious metals and stones.