Legal and Advisory Firms

Guard your business with state-of-the-art Tranche 2 compliance.

AML Smart Guard gives legal and advisory practices an AUSTRAC‑aligned program and platform that can sit inside existing matter‑opening, trust‑account and document workflows, so partners can meet their risk accountabilities without turning every file into a separate compliance project.

One Platform – One Service – One Solution affords:

Gap-free compliance processes

Always-on AUSTRAC alignment

Zero-knowledge protection

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AUSTRAC’s Expectations

AUSTRAC now treats lawyers, conveyancers and trust and company service providers as AML/CTF reporting entities whenever they plan or execute property and other specified transactions, form or administer companies and trusts, or hold and move client money in higher‑risk matters.

For legal‑only designated services, AUSTRAC expects firms to:

Assess ML/TF risk across practice areas, client segments, jurisdictions and delivery channels (e.g., cross‑border deals, PE/VC clients, HNW private clients)

Operate a documented, risk‑based AML/CTF program

Complete timely customer and beneficial-owner due diligence (CDD) and apply enhanced checks for higher‑risk matters (PEPs, high‑risk jurisdictions, complex ownership, no clear legal or economic purpose)

Monitor client funds, structures and transactions for unusual patterns; retain CDD, matter‑risk and decision records for at least seven years in a form that can be provided quickly to AUSTRAC

Submit suspicious matter (SMR) and other AUSTRAC reports within required timeframes, while managing tipping‑off risks in client communications.

AML Smart Guard is designed to help legal and advisory firms meet these obligations in one place, so partners can demonstrate strong governance to AUSTRAC, insurers and clients while maintaining responsive, high‑quality legal service.

Our Platform

Matter‑level and client‑group risk profiling for property, corporate, commercial, tax, insolvency and private‑client files, aligned with AUSTRAC’s professional‑services designated services list.

Integrated identity, beneficial‑ownership and source‑of‑funds checks for individuals, companies and trusts, feeding directly into your practice‑management and document‑management systems.

Real‑time monitoring of client‑money and trust‑account movements related to designated services, with alerts for unusual flows such as complex routing, unexplained third‑party payments or last‑minute changes in counterparties.

Our Service

Legal‑specific ML/TF risk assessment and AML/CTF program design, tailored separately for practice groups such as property, M&A, commercial, litigation support, private client and estates

Templates, workflows and precedent clauses aligned with AUSTRAC’s guidance for legal and conveyancing services, written in clear practice language (for example, checklists at matter‑opening, settlement and completion)

Training and playbooks for partners, solicitors, conveyancers and legal assistants so they know when a matter becomes a designated service, what information to collect and how to escalate red flags.

Your Solution

One Platform: A single AML/CTF view across all legal matters, offices and practice groups, giving managing partners and boards confidence that Tranche 2 exposure is controlled.

One Service: Access to AML/CTF specialists who understand both AUSTRAC’s rules and the realities of legal practice, conflicts, privilege, client‑care obligations and trust‑account rules.

One Solution: From engagement letter and costs agreement through to file closure and archive, we help you design, operate and evidence AML/CTF controls that fit your firm’s procedures and professional obligations.

Plans for All business Sizes

Flexible Pricing.
Complete Support.
No Surprises.

AML compliance shouldn’t feel like a one-off project or a blank cheque. It should protect your business, support growth and scale as you do.

AML Smart Guard delivers end-to-end Tranche 2 compliance through one simple monthly subscription combining expert guidance, practical implementation and enterprise-grade technology so you can operate with clarity, control and confidence.

Included in every plan

No matter what plan you start on, AML Smart Guard’s comprehensive services and fundamentals remain your safety net:

Hassle free onboarding

Risk assessment & AML/CTF program

Comprehensive customer screening

Ongoing and Enhanced Due Diligence

Customer, Account & Financial Transaction Monitoring

Dedicated Operational Support

Training, dashboards & reporting

Flexible plans & 24/7 support

Standard

Essential compliance for small businesses

Tailored Risk Assessment

AML/CTF Program Framework

3 x Staff Training Packs

~20 Customer Due Diligence Screens / mth

Unlimited Transaction Monitoring

24/7 Operations & Compliance Support

$349

/ month

Secure Your Compliance

Scaled

Structured compliance for growing firms

Best for steady transaction volumes and multi-site businesses

As for Standard + PLUS

~40 Customer Due Diligence screens / mth

6 x Staff Training Packs

Dedicated Account Manager

$549

/ month

Secure Your Compliance

Enterprise

Comprehensive AML governance for larger organisations

Built for higher-volume or multi-office operations

As for Standard + PLUS

Unlimited system users

~80 Customer Due Diligence screens / mth

12 x Staff Training Packs

Dedicated Account Manager

$949

/ month

Secure Your Compliance

Bespoke

Not sure which plan? For complex, high-volume businesses with tailored, project-like requirements (e.g. insolvency practitioners), or in need of dedicated support

AML Compliance Office as a Services

AML/CTF Program Design

80+ CDD screening, Ongoing & Enhanced CDD

Scaled Staff Training Packs

Premium support from Risk & Compliance Operations

Tailored to your needs

Why AML Smart Guard?

Fully compliant as simple as 1-2-3

AML Smart Guard is the complete solution. From getting AUSTRAC ready, to client onboarding, ongoing monitoring and reporting, AML Smart Guard offers intuitive design, automation, full support, training and a knowledge centre in one fully compliant package.

AML Smart Guard empowers all Tranche 2 affected businesses to own their AML/CTF risk mandate through our experience, our partnerships, trusted platform and delivery know how; we provide the people, processes and technology to deliver your AML program.

Enabled by LexisNexis® RiskNarrative™

The backbone of our platform incorporates Risk Solutions from LexisNexis®, a world leader in Risk and Legal compliance solutions, trusted by Global Banks and Legal juggernauts:

Our global Tier 1 technology partner’s LexisNexis® RiskNarrative™ products enable the world’s best KYC solution, onboarding your clients in 60 seconds with PEP, sanctions, adverse media checks and initial customer due diligence risk rating.

Our platform conducts ongoing customer due diligence daily against changes to customer situations.

Our platform conducts transaction monitoring using ~100 rules against customer, account and financial transactions aligned to AUSTRAC requirements.

Decades of experience

We’ve spent the last 15+ years solving AML/CTF for large banks and financial institutions across the world. AML Smart Guard’s professional services and risk operations experts are by your side empowering and enabling your teams and delivering your AML program:

Our people triage any hits against PEPs or sanctions and work the alerts for matches or false positives and escalated where needed.

Our team facilitates the detection, triage and escalation of any suspicions where system rules fire or multi fire.

Hassle free, no experience needed

AML Smart Guard’s people, processes and technology are ready-made to deliver your AML program. No one else provides the same comprehensive combination of platform, service and solutions to assure you remain compliant with ready access to:

AML Smart Guard’s Client Portal to manage your program, your compliance and team awareness training, all customer due diligence (CDD), AUSTRAC reporting, platform service and support

Industry specific AML/CTF training programs on demand

We offer the highest level of protection for your business, assuring the effective and pragmatic delivery of your AML program and extend our professional services to advise and support your bespoke needs e.g.,

Design of your AML/CTF Program(s)

MLRO as a service

One-off project requests for bulk transactions

Extensive compliance checks and searches incl. land titles, ASIC, international

We’re certain no one else does this; test the market and see for yourself. Our solutions, Our service, Your outcome.

Home grown solution backed by global tech

AML Smart Guard’s Australian leadership team have decades of career long experience in risk and compliance solutions delivered and supported for both Australian and international banks and financial services firms.

Tranche 2 is an Australian problem. Our people live in the same regulatory environment you do, follow AUSTRAC’s updates as they land, and work every day with real estate, legal, accounting, corporate, gaming and digital‑asset clients facing the 1 July 2026 deadline.

We combine local AML/CTF expertise with practical experience inside Aussie firms, so when you call, you’re talking to someone who understands how your trust account works, how your practice software behaves, and what AUSTRAC is actually likely to look for in your sector.

Why a local team matters?

We interpret AUSTRAC guidance and starter kits for you, turning regulatory language into steps your staff can follow.

We know the pressures on Australian SMEs, especially Tranche 2 professionals without big‑bank compliance teams and design solutions that fit those constraints.

We stay close after go‑live, helping you adjust your program as AUSTRAC refines the rules and your business grows, rather than leaving you with a one‑off report.

With AML Smart Guard’s local Australian team, you’re getting an enterprise platform and expert delivery partner who understands AUSTRAC, understands your industry, and is here in your time zone to keep you confidently compliant.

Frequently

asked questions

Can’t find the answer that you’re looking for? Get in touch with us.

Matters where you act on sales or purchases of real estate or businesses, handle client money in connection with those deals, form or restructure companies or trusts, or provide transactional advice that involves moving value or changing ownership structures are squarely in scope.

CDD should be completed early – typically at client/matter onboarding or before significant funds are received into trust, before contracts are exchanged, or before entities are created – so you are not executing a transaction for an unidentified or high‑risk client.

AML Smart Guard can plug into common legal practice‑management and document‑management systems so that opening a matter, creating a new entity or receiving funds into trust automatically triggers the right CDD and risk‑assessment steps. It stores CDD data, risk ratings, approvals and alerts in an audit‑ready format that matches how firms already manage files, reducing manual tracking and repetition.