Tranche 2 Compliance Platform

Australia's new AML laws are here.
Is your business ready?

One platform to meet every Tranche 2 obligation — software, expert guidance, and managed compliance services built for Australian businesses.

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Tranche 2 obligations covered

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Regulatory report types built in

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Australian data residency

Our difference

We're not just software.
We're your compliance team.

Most platforms give you tools and leave you to figure it out. We give you tools and the people to use them. Our compliance specialists work inside your portal — reviewing client files, monitoring obligations, lodging reports, and dealing with the regulator on your behalf.

checkDedicated compliance officer on demand

checkHigh-risk client file reviews

checkOngoing program monitoring

checkDirect AUSTRAC liaison

Talk to us about managed services
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For business owners without a compliance team

You focus on running your business. We handle the compliance obligations, paperwork, and regulator communications.

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For compliance officers who need backup

Already have a compliance function? We work alongside your team to handle overflow, reviews, and independent assessments.

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For front-line staff who just need it to work

Step-by-step workflows mean your team can verify clients and stay compliant without becoming compliance experts.

Understanding Tranche 2

What are Australia's new
anti-money laundering laws?

Australia's AML/CTF Act is expanding. "Tranche 2" brings professional services industries under the same anti-money laundering obligations that have applied to banks and financial institutions for years. If your business is covered, you'll need a compliance program, trained staff, and the ability to verify clients and report to AUSTRAC.

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Key Deadlines

  • Legislation passed by Parliament
  • AUSTRAC consultation period underway
  • Reporting obligations commence on designated date
  • Start preparing now — don't wait for enforcement
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Penalties for Non-Compliance

  • Civil penalties up to $22.2 million per breach
  • Criminal penalties including imprisonment
  • AUSTRAC enforcement actions and remedial directions
  • Reputational damage and loss of client trust
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What You Need to Do

  • Register with AUSTRAC as a reporting entity
  • Develop an AML/CTF compliance program
  • Conduct risk assessments for your business
  • Train your staff on obligations
  • Verify client identities (CDD/KYC)
  • Report suspicious matters and threshold transactions

Not sure if Tranche 2 affects you?

If your business provides any of the following services, you are likely a "reporting entity" under the expanded AML/CTF Act:

arrow_forwardBuying or selling real estate

arrow_forwardLegal services involving financial transactions

arrow_forwardAccounting or tax agent services

arrow_forwardConveyancing or settlement

arrow_forwardDealing in precious metals or stones

arrow_forwardDigital asset exchange services

arrow_forwardTrust or company formation

arrow_forwardManaging client funds or assets

What we do

Everything you need to get compliant.

Pick the support that fits your business — or combine them.

01

The Compliance Portal

Your single workspace for verifying clients, running watchlist checks, and lodging reports with AUSTRAC. Everything your team needs, nothing they don't.

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checkStep-by-step client onboarding

checkAutomatic watchlist screening

checkBuilt-in regulatory reporting

checkFull audit trail on every action

02

Risk Assessment & Consulting

Not sure where your business stands? Our compliance specialists assess your risks, identify gaps, and build a program tailored to your obligations.

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checkBusiness-wide risk assessment

checkGap analysis & action plans

checkCustom policy frameworks

checkOngoing advisory support

03

Staff Training & Certification

Keep your team compliant with training modules built into the platform. Track who's completed what, set deadlines, and generate certificates.

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checkRole-specific training modules

checkQuiz-based certification

checkAutomatic completion tracking

checkDeadline reminders

04

Audit & Review Services

Independent assessments of your compliance program. We review your processes, identify weaknesses, and give you a clear report on where you stand.

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checkIndependent compliance reviews

checkRegular program health checks

checkRemediation recommendations

checkAudit-ready documentation

Platform

See what the platform does.

01

Know Your Client

A guided process walks your team through verifying new clients — individuals, companies, trusts, or partnerships. Collect ID, confirm identity, identify beneficial owners, and assess risk.

checkStep-by-step client verification

checkFlexible ID methods

checkBeneficial owner identification

checkSupport for vulnerable clients

checkAutomatic renewal reminders

checkEscalation for higher-risk clients

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Identity Verification

Photographic ID confirmed

Approved
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Beneficial Owners

2 owners identified & verified

Complete
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Risk Assessment

Automated scoring in progress

In Progress
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Watchlist Screening

All watchlists cleared

Clear
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Live Watchlist Results

Australian Sanctions
No Match
US Sanctions (OFAC)
No Match
UN Consolidated List
No Match
PEP CheckReview Required
02

Watchlist Screening

Automatically check every client against Australian and international sanctions lists, PEP databases, and adverse media.

checkAustralian & international watchlists

checkPolitically exposed person checks

checkSmart name matching

checkEasy false-match resolution

checkRegularly updated lists

checkClear audit trail

03

Regulatory Reporting

Create and lodge the reports AUSTRAC requires — all from within the platform. Each follows a clear workflow with deadline reminders.

checkSuspicious matter reports (SMR)

checkThreshold transaction reports (TTR)

checkInternational fund transfer instructions (IFTI)

checkCross-border movement reports (CBM)

checkAnnual compliance reports

checkDeadline tracking & reminders

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SMR

Suspicious Matter

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TTR

Threshold Transaction

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IFTI

Int'l Fund Transfer

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CBM

Cross-Border Movement

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Auto-populated from customer data

Draft, review, and submit with full audit trail

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Monitoring Dashboard

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Pending

3

Flagged

156

Cleared

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High-Value Transaction Flagged

Exceeds $10,000 threshold for customer #1042

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Transaction Monitoring

Set rules to flag unusual or high-value transactions automatically. Get alerts when something needs attention.

checkCustom alert rules

checkAutomatic transaction flagging

checkEscalation tracking

checkOverdue review alerts

checkTransaction history from day one

checkRisk-based review schedules

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Compliance Program

Build and maintain your AML program. Assign compliance roles, manage AUSTRAC enrolment, and generate annual reports.

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Team Management

Control access levels, invite staff, track training completion, and manage compliance responsibilities.

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Enterprise Security

Multi-factor auth, encrypted data, complete activity history, and role-based access controls.

Industries

Built for Tranche 2 industries.

Designed for the professional services industries now covered by Australia's anti-money laundering regulations.

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Real Estate Agents

Buying, selling, and leasing property — agents must verify clients and report suspicious transactions.

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Legal Professionals

Lawyers and law firms providing designated services including financial transactions and company formation.

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Accountants

Accounting firms managing financial affairs, tax planning, and business structuring.

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Conveyancers

Settlement agents handling property transfers and related financial transactions.

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Precious Metals & Stones Dealers

Dealers in high-value goods including gold, silver, and precious gemstones.

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Digital Asset Providers

Crypto exchanges and digital asset service providers.

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Trust & Company Service Providers

Firms creating or managing trusts, companies, and legal arrangements.

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Other Covered Entities

All other businesses captured under the expanded AML/CTF regime.

Pricing

Simple, transparent pricing.

Start with a 14-day free trial. No credit card required. All plans include core compliance features.

Starter

$169/month

For sole practitioners and small firms getting started with Tranche 2 compliance.

  • checkClient verification (CDD)
  • checkWatchlist screening
  • checkRegulatory reporting (SMR, TTR, IFTI, CBM)
  • checkStaff training modules
  • checkEmail support
Start Free Trial
Most Popular

Professional

$449/month

For growing firms that need the full compliance toolkit and team collaboration.

  • checkEverything in Starter
  • checkTransaction monitoring
  • checkCustom monitoring rules
  • checkTeam management & access controls
  • checkCompliance calendar & reminders
  • checkPriority support
Start Free Trial

Enterprise

$999/month

For larger organisations with complex obligations or multiple offices.

  • checkEverything in Professional
  • checkDedicated compliance officer
  • checkManaged compliance services
  • checkIndependent program evaluations
  • checkCustom integrations
  • checkPhone & video support
Start Free Trial

All prices in AUD. Annual billing available. Need a custom solution? Talk to us.

Security

Your data. Our responsibility.

Compliance data is sensitive. Everything in ComplyMatters is encrypted at rest and in transit. Your data never leaves Australian servers. Every action is logged. Every login requires multi-factor authentication.

AES-256 Encryption

Industry-standard encryption for all data at rest and in transit

Australian Data Centres

Your data stays on Australian soil, always

Complete Audit Trail

Every action logged with who, what, and when

Multi-Factor Auth

Required for all users, no exceptions

Role-Based Access

Control exactly who sees what across your team

Continuous Monitoring

Real-time error tracking and rate limiting built in

Built by compliance professionals, for compliance professionals.

ComplyMatters wasn't built by a tech company trying to learn compliance. It was built by Australian AML/CTF specialists who understand the regulations, the regulator, and the reality of running a compliance program.

Regulation-first design

Every feature maps directly to a Tranche 2 obligation. Nothing exists because it sounded good — everything is there because the law requires it.

We earn your business monthly

Export your data at any time. No lock-in contracts. No tricks. We keep your business by being good at what we do.

Australian owned & operated

Our team is in Australia. Our servers are in Australia. We understand the Australian regulatory landscape.

FAQ

Common questions.

What is Tranche 2 and does it affect my business?

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Tranche 2 extends Australia's anti-money laundering laws (AML/CTF Act) to cover professional services including real estate agents, lawyers, accountants, conveyancers, precious metals dealers, and trust & company service providers. If your business falls into any of these categories, you'll need to comply with the new obligations.

When do the new Tranche 2 laws take effect?

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The Tranche 2 reforms have been passed by Parliament and reporting entities will need to comply from the designated commencement date. We recommend starting your compliance program now — AUSTRAC expects businesses to be ready, and early preparation avoids last-minute scrambling.

Can I use ComplyMatters if I don't have a compliance background?

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Absolutely. The platform is designed for business owners and staff who aren't compliance specialists. Every process is guided step-by-step with plain English instructions. And if you need help, our consulting and managed services teams are here.

How is ComplyMatters different from other compliance platforms?

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We're not just software — we're a compliance partner. Unlike platforms that give you tools and leave you to figure it out, we offer consulting, training, audits, and managed services alongside the technology. Our team works inside the same platform, so nothing falls through the cracks.

What if I need someone to handle compliance for me?

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That's exactly what our Managed Compliance Services are for. We can act as your compliance team — reviewing client files, monitoring obligations, lodging reports, and liaising with AUSTRAC on your behalf. You focus on your business, we handle compliance.

Is my data secure?

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Yes. All data is encrypted at rest and in transit using AES-256 encryption. Your data is stored on Australian servers and never leaves the country. Every action is logged, and all users require multi-factor authentication.

Can I try ComplyMatters before committing?

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Yes. We offer a 14-day free trial with full access to the platform. No credit card required. We also offer free compliance assessments to help you understand your obligations before you sign up.

What kind of support do you offer?

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Starter plans include email support. Professional plans get priority support. Enterprise clients get dedicated phone and video support plus a named compliance officer. All plans include access to our knowledge base and training materials.

Contact

Let's talk.

Whether you need a demo, have a question about Tranche 2, or want to explore managed compliance services — we're here.

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Book a Demo

We'll walk you through the platform tailored to your industry.

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General Enquiries

Our team responds within one business day.

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Managed Services

Need a dedicated compliance team? Let's design a solution.

We'll get back to you within 1 business day.