AML/CTF Compliance Software for Lawyers & Solicitors Australia

Which legal services trigger Tranche 2 obligations?

Not every legal service is captured. The obligation applies based on what services you provide — not simply because you're a lawyer or conveyancer.

✓ Conveyancing

Acting on behalf of clients in property settlements, transfers, and purchases is a designated service.

✓ Company/trust formation

Helping clients form or manage companies, trusts, partnerships, or other legal structures.

✓ Nominee arrangements

Acting as or arranging nominee directors, trustees, or shareholders on behalf of clients.

✓ Client funds management

Managing client funds in trust accounts or acting on transactions involving client money.

✓ Business transactions

Acting on behalf of clients in the buying or selling of businesses or legal entities.

✓ Legal professional privilege preserved

The AML/CTF Act preserves legal professional privilege — confidential communications with clients are protected.

Your 8 AUSTRAC obligations

What CompliDesk covers for your firm

CompliDesk handles all 8 obligations AUSTRAC requires from legal professionals under Tranche 2.

AUSTRAC enrolment tracking

Track your enrolment status and key deadlines. Store your AUSTRAC account number and confirmation documents securely.

AML/CTF program builder

Generate a tailored AML/CTF program for your firm in minutes. AUSTRAC-aligned templates for law firms and conveyancers.

Risk assessment engine

Assess ML/TF risk for each client based on their profile, transaction types, and jurisdictions. Risk-scaled due diligence built in.

KYC / identity verification

Verify individuals, companies, and trusts electronically via the biometric identity verification via Didit. Faster and more defensible than manual ID copies.

Ongoing monitoring

Automated alerts when client risk changes, documents expire, or re-verification is required. Nothing falls through the cracks.

Suspicious matter reports

Guided SMR workflow aligned to AUSTRAC standards. Tipping-off controls built in to protect legal professional privilege.

7-year audit trail

Every action timestamped and stored. Generate a complete compliance record for AUSTRAC inspection in one click.

Staff training tracker

Assign AML training modules to staff, track completions, and track training progress — all in one place.

Features

Built for how legal practices work

CompliDesk is designed by professionals who understand the real compliance workflow — not just the regulatory theory.

Legal professional privilege protection

Our SMR workflow includes tipping-off controls and privilege assessment steps — protecting confidential client communications while meeting AUSTRAC reporting requirements.

Trust account integration

Manage AML obligations around trust account transactions — one of the highest-risk areas for law firms under Tranche 2.

Beneficial ownership mapping

Map complex ownership structures for company and trust clients — required for entity verification and ongoing monitoring.

Conveyancing workflow

Streamlined KYC and risk assessment for property transactions. Verify vendors and purchasers efficiently before settlement.

Multi-matter client records

One verified client profile usable across multiple matters. Verify once, use for every transaction — with re-verification alerts when required.

Compliance officer dashboard

Your AML/CTF Compliance Officer gets a dedicated dashboard — risk alerts, upcoming reviews, and reporting obligations all in one place.

New: Privacy Act

The Privacy Act now applies to your AML data

From 1 July 2026, reporting entities are covered by the Privacy Act for personal information handled in connection with their AML/CTF obligations — even under $3 million turnover. See what changed and get early access to the CompliDesk Privacy module, launching August 2026.

See what changed

Questions lawyers and solicitors ask us most

Legal professional privilege can affect what information you're required to disclose in some circumstances, but it does not exempt law firms from AML/CTF obligations generally — enrolment, customer due diligence, and reporting requirements still apply where you provide designated services. This is a genuinely nuanced area; we'd recommend confirming your specific obligations with your Law Society or an AML/CTF specialist alongside using CompliDesk to manage the operational compliance work.

Broadly: buying or selling real estate on a client's behalf, managing client money or accounts, creating or managing companies and trusts, and acting as a formation agent. Standard litigation and advisory work generally isn't captured on its own — but most full-service and property/commercial firms will have at least one in-scope service line.

Yes — CompliDesk supports role-based team access, so partners, associates, and your nominated AML/CTF Compliance Officer can all work from the same firm account with appropriate permissions, rather than needing separate logins or losing visibility across matters.

Tipping off specifically refers to disclosing that a Suspicious Matter Report has been or may be filed — it's a criminal offence under section 123 of the Act. Simply explaining that AML/CTF law requires standard identity verification for all clients is not tipping off and is safe, routine practice. CompliDesk's built-in staff training module covers this distinction clearly so your team knows exactly where the line sits.

AML/CTF Compliance Software for Lawyers & Solicitors