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Resources

Videos & Articles
  • How to Enrol with AUSTRAC for Tranche 2 — Daniel Ward and Amira Ward, Flagship AML
  • Getting Started with the AUSTRAC Toolkits — Daniel Ward and Amira Ward, Flagship AML
  • How Small Firms Can Operationalise the AUSTRAC Toolkits — Amira Ward and Daniel Ward, Flagship AML
  • What Must Be Included in an AML/CTF Program? — Amira Ward and Daniel Ward, Flagship AML
  • The AML File Note That Could Save Your Law Firm — Daniel Ward and Amira Ward, Flagship AML
  • The Spreadsheet Problem: Beneficial Ownership Under Tranche 2 — Daniel Ward and Amira Ward, Flagship AML
  • How to Choose AML Software for Tranche 2: A Practical Guide for Small Firms — Amira Ward and Daniel Ward, Flagship AML
  • What Is a ML/TF Risk Assessment? — Amira Ward and Daniel Ward, Flagship AML
  • What Is KYC Under Australia’s AML/CTF Laws? — Amira Ward and Daniel Ward, Flagship AML
  • What Is Beneficial Ownership under Australia’s AML/CTF Laws? — Amira Ward and Daniel Ward, Flagship AML
  • What Is Enhanced Due Diligence (EDD)? — Amira Ward and Daniel Ward, Flagship AML
  • What Is Ongoing Monitoring in AML/CTF Compliance? — Amira Ward and Daniel Ward, Flagship AML
  • AML Compliance Beyond Identity ‘Checks’: A Risk Based and Privacy Aligned Approach — Flagship AML
  • Why Beneficial Ownership Must Be Identified Before KYC — Dan Ward, Flagship AML
  • ML/TF Risk Assessments: Beyond the 1 July Deadline — Flagship AML
  • How Flagship AML Aligns with Emerging AML/CTF Governance Expectations — Flagship AML
  • Free AML Toolkits: The Good, the Bad and the Ugly — Flagship AML (video)
  • Tranche 2 AML: Get Compliant Before the June Rush — Flagship AML (video)
  • Why Manual AML Compliance Becomes Time Consuming — Flagship AML (video)
  • Tranche 2 AML: Why Free Toolkits May Not Be Enough — Flagship AML (video)
  • Enhanced Due Diligence made practical — Flagship AML (video)
  • AML/CTF Overview — Flagship AML (video)
  • Industry Commentary
  • 27 April 2026 — Industry Commentary: AML/CTF Beyond Compliance
    A recent article published by Lawyers Weekly reflects the growing recognition that AML/CTF obligations extend beyond technical compliance and into the ongoing management of risk within legal practice.

    This shift sits at the centre of the Tranche 2 reforms. For law firms, the challenge is not simply understanding this principle, but applying it consistently in practice—particularly through client due diligence, ML/TF risk assessment and enhanced due diligence.

    Read the article: Why Tranche 2 matters beyond compliance

    This aligns with the shift towards ongoing ML/TF risk assessment and client-level risk application discussed in our guidance.

Free AML Toolkits: The Good, the Bad and the Ugly

Free AML toolkits can help Australian Tranche 2 businesses get started with AML/CTF compliance. But templates, forms and guidance do not run your compliance workflow.

Flagship AML helps law firms, accountants, conveyancers and real estate businesses turn AML obligations into a clear, practical workflow.

Visit: https://flagshipaml.com.au

#AMLCompliance #AMLCTF #Tranche2 #AUSTRAC #FreeAMLToolkits #FlagshipAML #SmallBusinessAustralia #LawFirms #Accountants #RealEstateAgents

Watch on YouTube

Tranche 2 AML: Get Compliant Before the June Rush

The June AML deadline is approaching.

Many small firms leave compliance too late, leading to rushed decisions, unnecessary risk and avoidable stress.

Flagship AML provides a complete, structured, risk based AML compliance program in one simple platform.

From $66 per month, plus GST.

Get compliant now: https://flagshipaml.com.au

Built by lawyers. Designed for small firms.

#Tranche2 #AMLCompliance #SmallBusiness #AUSTRAC #FlagshipAML

Watch on YouTube

Why Manual AML Compliance Becomes Time Consuming

AUSTRAC’s free AML toolkits may help lawyers, accountants and real estate agents start compliance under Australia’s new Tranche 2 AML/CTF reforms.

However, many professional firms may eventually discover that managing AML compliance manually can become increasingly time consuming and difficult to manage consistently over time.

This video explores some of the operational challenges firms may experience when relying on spreadsheets, emails, manual onboarding processes and disconnected compliance records.

Learn more at FlagshipAML.com.au

#AML #AMLCompliance #AMLCTF #Tranche2 #LawFirms #Accountants #RealEstate #Compliance #AUSTRAC #AMLSoftware #KYC #RiskAssessment

Watch on YouTube

Tranche 2 AML: Why Free Toolkits May Not Be Enough

Australia’s Tranche 2 AML/CTF reforms will affect many small law firms, accounting firms, conveyancers and real estate agencies.

Free AUSTRAC toolkits can help small firms understand their obligations, but they do not automatically create a working compliance system.

For many small businesses, the real challenge is turning AML guidance into a practical daily workflow: risk assessments, client screening, beneficial ownership records, enhanced due diligence, staff training and audit ready records.

This video explains why the hidden cost of AML compliance may not be software. It may be staff time.

Flagship AML helps small firms manage AML compliance through a clear, structured and repeatable workflow.

Learn more: https://flagshipaml.com.au

#Tranche2 #AMLCompliance #AUSTRAC #SmallBusiness #FlagshipAML

Watch on YouTube

Enhanced Due Diligence made practical

Sanctions and PEP checks are powerful tools, but they are often misunderstood.

In this short training video, we explain what you are actually required to do under Australia’s AML and CTF framework and just as importantly, what you are not required to do.

This video covers:

  • What sanctions checks are
  • What Politically Exposed Person (PEP) checks are
  • When they are triggered
  • Common misunderstandings and false positives
  • How to make a defensible, risk-based decision
  • How Flagship AML supports a structured Enhanced Due Diligence workflow

Australia’s AML and CTF framework is risk based. The goal is not to over-screen. The goal is to make a defensible decision.

Flagship AML provides structured compliance tools designed for lawyers, accountants, conveyancers, real estate professionals and other Tranche 2 reporting entities.

Practical. Structured. Affordable.

Visit: https://flagshipaml.com.au

AML compliance Australia, CTF compliance Australia, Sanctions screening Australia, PEP checks Australia, Enhanced Due Diligence EDD, Risk based AML approach, AUSTRAC compliance, Tranche 2 AML reforms, DNFBP compliance, AML training Australia, Anti money laundering Australia, Counter terrorism financing Australia, Compliance dashboard software, Legal AML obligations

#AML #CTF #Sanctions #PEPChecks #EnhancedDueDiligence #RiskBasedApproach #AUSTRAC #Tranche2 #Compliance #LegalCompliance #Accountants #Lawyers #Conveyancing #RealEstateCompliance #FlagshipAML

Watch on YouTube

AML/CTF Overview

Tranche 2 AML CTF compliance is coming to Australian DNFBPs.

This video explains your AUSTRAC obligations under the AML CTF Act 2006 and what lawyers, accountants, real estate agents, conveyancers and trust and company service providers must do to comply.

We cover Suspicious Matter Reporting (SMR), Customer Due Diligence (CDD), Enhanced Due Diligence (EDD), beneficial ownership verification, AML Program Part A and Part B requirements and reporting timeframes.

If you are preparing for AUSTRAC Tranche 2 reforms in Australia, this training is designed specifically for small and mid-sized firms.

Learn more at: https://flagshipaml.com.au

AML compliance software for lawyers and accountants in Australia. Tranche 2 AML Australia. AUSTRAC reporting requirements. DNFBP AML obligations.

Watch on YouTube

Australian AML/CTF Legislation
  • AUSTRAC Official Website
  • Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (Cth)
  • Anti-Money Laundering and Counter-Terrorism Financing Rules 2025 (Cth)
  • AML/CTF Rules (2025 reforms)
AUSTRAC Guidance & Compliance Resources
  • Core Guidance
  • Suspicious Matter Reports (SMR) guidance
  • AML/CTF Program Guidance
  • High-Risk Countries, Regions and Groups
Government & International Standards
  • Australian Government AML/CTF overview (Department of Home Affairs)
  • Financial Action Task Force (FATF)
Identity & Verification Resources

Flagship AML is an Identity Service Provider (IDSP) that facilitates electronic identity verification as part of a broader AML/CTF compliance workflow. Through secure client consent and identity verification processes, Flagship AML enables reporting entities to verify customer identities against trusted government data sources in accordance with Australia’s anti-money laundering and counter-terrorism financing requirements.

To access the Australian Government’s Document Verification Service (DVS), Flagship AML utilises an accredited gateway service provider that maintains the technical connection to the DVS network. This approach allows Flagship AML to deliver identity verification services within its compliance platform.

Public Office & PEP Directories
  • Parliament of Australia – Senators and Members
  • National Parliament of Papua New Guinea
  • UK – Members of the House of Commons
  • UK – Members of the House of Lords
  • US Congress – House and Senate
  • US House – Find Your Representative
  • US Senate – Senators Directory
Company & Legal Registry Searches
  • ASIC company information
  • ABN Lookup
  • Investment Promotion Authority (PNG)
  • Companies House – UK
  • Singapore – Company Registry (ACRA)
  • Hong Kong – Company Registry
Flagship AML

Flagship AML provides a practical compliance framework for professional firms navigating Australia’s AML/CTF obligations. Flagship AML is a software platform and does not provide legal advice.

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