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Australian law firms and conveyancers providing designated services are required to comply with AML/CTF obligations. A core requirement is collecting, verifying and recording client information to meet customer due diligence standards.
Our FREE AML Data Collection Tool makes compliance simple. Capture everything you need: client type, source of funds, area of practice, jurisdiction, and more, in one secure, automated system. Start building accurate records now to support your AML/CTF compliance program and ongoing risk management obligations.
Register below today to start using the tool immediately!
Why AML Data Collection Matters
Under Australia's AML/CTF regime, firms providing designated services must be able to demonstrate that they:
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Understand the risks associated with their clients, matters, and transactions;
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Use this information to inform their Firm-Wide Risk Assessment; and
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Maintain accurate, structured records to satisfy AUSTRAC and other regulators.
This goes beyond individual client due diligence. It's about understanding the overall risk profile of your firm, identifying trends and higher-risk areas, and ensuring your AML/CTF Program remains effective as your business evolves.
By collecting consistent and reliable data, firms can make better risk-based decisions, demonstrate compliance with their obligations and respond more effectively to regulatory reviews or audits.
How Our Data Collection Tool Works
Every time you open a matter, simply input a few key details. The tool will automatically generate a clear, easy-to-read report that gives you:
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Granular insights into client type, geography, products & services, delivery channels, and transaction risks
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Structured data ready to feed directly into your Firm-Wide Risk Assessment
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A clear view of your AML risk profile to evidence compliance and satisfy regulators
With this data at your fingertips, you can better understand your firm's risk profile, support your Firm-Wide Risk Assessment and strengthen your AML/CTF compliance framework.
What Happens Next?
Start with our FREE Data Collection Tool and begin gathering the data needed to support your AML/CTF compliance framework.
You can upgrade later to the full version of our AML Sorted Portal, which will:
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Draft your Firm-Wide Risk Assessment using your data
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Support the development of your AML/CTF Program
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Deliver practical AML training for your team
To find out more about the full version of our AML Sorted Portal, click the link below.
Get Started With The FREE AML Data Collection Tool Today
It's free, simple and built specifically for Australian legal professionals.
Register below to access the FREE AML Data Collection Tool and start building the records and insights needed to support your Firm-Wide Risk Assessment and AML/CTF compliance obligations.
