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Resources

Videos & Articles
  • 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
  • How Small Firms Can Operationalise the AUSTRAC Toolkits — Amira Ward and Daniel Ward, Flagship AML
  • Tranche 2 AML: Why Free Toolkits May Not Be Enough — 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.

Tranche 2 AML: Why Free Toolkits May Not Be Enough

Enhanced Due Diligence made practical

AML/CTF Overview

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 (third party)
  • Australia Post Digital iD
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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