For Trust & Company Service Providers

AML/CTF Compliance for Trust & Company Service Providers

Purpose-built AML/CTF compliance for Australian trust and company service providers — KYC verification, risk assessments, AML programs, and AUSTRAC reporting in one dashboard.

Are trust and company service providers in scope for Tranche 2?

TCSPs are one of the highest-risk categories targeted by Tranche 2. If you form companies, manage trusts, or arrange nominee arrangements, you are almost certainly in scope.

✓ Forming companies and trusts

Acting as a formation agent — incorporating companies or establishing trusts on behalf of a client — is a designated service.

✓ Acting as director, secretary or partner

Acting as — or arranging for someone else to act as — a director or secretary of a company, or a partner of a partnership.

✓ Acting as trustee of an express trust

Acting as — or arranging for someone else to act as — trustee of an express trust, or performing the equivalent function for another legal arrangement.

✓ Registered office and nominee shareholding

Providing a registered office, business or correspondence address for a client entity, or acting as — or arranging — a nominee shareholder.

How CompliDesk works

One dashboard. All your entity clients.

CompliDesk is the only AML/CTF platform built for professionals managing compliance for multiple clients — not just their own firm.

Verify client identities

Run KYC checks electronically via Didit biometrics. Individuals verified in seconds. Companies and trusts mapped with full beneficial ownership.

Generate AML programs

Create a tailored AML/CTF program for each client in minutes using AUSTRAC-aligned templates.

Monitor and alert

Automated risk monitoring across all clients. Alerts when action is needed — before AUSTRAC notices.

Maintain your audit trail

Every action timestamped and stored for 7 years. AUSTRAC-ready reports exportable in one click.

Features built for trust and company service providers

CompliDesk covers all 8 AUSTRAC obligations — designed around how trust and company service providers actually work.

Multi-client dashboard

See all your clients' compliance status at a glance. Risk flags and overdue reviews surfaced automatically.

Electronic KYC verification

Verify client identities via the Australian biometric identity verification via Didit. Faster and more defensible than manual copies.

AML program builder

Generate tailored AML programs for each client in minutes. AUSTRAC-aligned and customisable.

Secure client links

Verification and questionnaire links reach clients under your firm's name, and everything they submit lands on their client file automatically — no chasing email attachments.

7-year audit trail

Every action logged and stored automatically. One-click compliance report for AUSTRAC inspection.

AUSTRAC reporting support

Keep suspicious-matter and threshold-transaction decisions documented with the evidence behind them, so you're ready when a report needs to be lodged with AUSTRAC.

Questions trust & company service providers ask us most

Broadly, anyone who forms companies or trusts, acts as a director/secretary/trustee for someone else, provides a registered office or business address, or acts as a nominee shareholder on behalf of a client. If your practice offers any of these as a standalone service — not just incidentally as part of legal or accounting work — you're specifically captured as a TCSP.

CompliDesk lets you map out layered structures — trusts within trusts, corporate trustees, multiple beneficiaries — and verify each identified beneficial owner individually, rather than treating the entity as a single client. This matches what AUSTRAC expects for genuine know-your-business (KYB) verification on anything beyond a simple structure.

Material changes to control or beneficial ownership — a new trustee, a changed beneficiary class, a shift in appointor — generally trigger a need to reassess and potentially re-verify. CompliDesk's ongoing monitoring flags client records for review on a schedule based on risk level, so structural changes don't slip through unnoticed.