Tranche 2 AML/CTF Solution
AML/CTF Compliance Centre
Your all-in-one Tranche 2 AML/CTF solution. Built for conveyancers and property lawyers.
ISO/IEC 27001:2022
ARNECC Compliant
Australian-built
Onboarding Trusts? Use this tool to assess the parties that needs to be onboarded.
What is the AML/CTF Compliance Centre?
The triSearch AML/CTF Compliance Centre is a complimentary, all-in-one solution built for Australian conveyancers and property lawyers.
Developed in collaboration with Grant Thornton Australia, advisers to AUSTRAC, and built from AUSTRAC’s official Starter Kits, it brings together onboarding, verification, and compliance workflows into one place, fully integrated within triConvey, at no additional cost when you search with triSearch.
Now live and demonstrated to more than 8,000 practitioners nationwide, the Compliance Centre guides you through every step of your Tranche 2 obligations, from AUSTRAC enrolment and firm onboarding through to reporting and 7-year record keeping. Featured by 9News, 7NEWS, and ABC News, it is the compliance solution built specifically for the way conveyancers and property lawyers work.
Your five AML/CTF obligations
The triSearch Compliance Centre guides you through every step of your Tranche 2 requirements, from day one through to ongoing management.
Enrol with AUSTRAC
AUSTRAC enrolment opened on 31 March 2026. Inside the Compliance Centre, you will find everything you need to complete your enrolment and store the evidence.
- Clear guidance on completing AUSTRAC's Business Profile Form
- A direct link to the AUSTRAC enrolment portal
- Secure storage for confirmation messages, forms, and correspondence
- A central location for all future enrolment updates
Onboard your firm and staff
Every practice must build and maintain a written AML/CTF program. The Compliance Centre guides you through each component.
- Guided digital firm-level risk assessment
- Step-by-step AML/CTF program and policy creation
- Staff training modules with videos, quizzes, and progress tracking
- Personnel due diligence workflow for staff involved in AML/CTF activities
Onboard your customers
Handle client due diligence in a consistent, defensible way. Every step is recorded, structured, and stored to support audit readiness and ongoing monitoring.
- Digital onboarding questionnaire with built-in risk logic
- Verification of Identity (VOI), PEP and sanctions screening, and adverse media checks
- Automatic Customer Risk Report with clear risk rating
- Enhanced due diligence options for higher-risk matters
- Consolidated AML/CTF report generated automatically for storage and audit
Report to AUSTRAC
Meet your reporting obligations without relying on spreadsheets or manual processes. The Compliance Centre supports every report type required under Tranche 2.
- Suspicious Matter Reports (SMRs) — within required timeframes
- Threshold Transaction Reports (TTRs) for cash transactions of $10,000 or more
- Cross-Border Movement Reports (CBMs)
- Annual Compliance Report (ACR) generation and submission
- All reports stored inside the Compliance Centre for audit purposes
Record keeping
Record keeping runs through every part of your compliance program. The Compliance Centre builds it into your workflow so nothing is missed.
- Automated record keeping across your entire compliance lifecycle
- Full audit trails tracking every action, review, and decision
- All records stored securely for the mandatory 7-year retention period
- Records organised, searchable, and ready for audit or regulatory review
Cost breakdown
triSearch does not charge for software. You only pay for the searches you conduct, which can be disbursed to your client as a matter cost.
Why conveyancers trust the AML/CTF Compliance Centre
I don’t know where we would be today
It literally gives us one place to be able to put everything and be able to track all of our clients, all of our staff. […] It shows you how many things are outstanding, how many are still waiting to come back, how many have been completed. So it’s a pretty good one-stop shop.
triSearch as a platform and as an organisation has been very supportive for us from day one. It’s a system that’s easy to use. A system that is all in one place gives you the full comfort to have what you need, to make sure that you’re compliant.
Sam Saad
Partner, Long Saad Woodbridge Lawyers
triSearch vs other solutions
Most AML/CTF tools were built for banks and adapted for property. triSearch is built specifically for Australian conveyancers and property lawyers.
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Feature
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Other Providers
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|---|---|---|
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Platform model
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Fully integrated conveyancing ecosystem (searches, AML/KYC, workflows, reporting)
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Fragmented tools – single-purpose platforms (AML only, search only, ID only)
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Cost of core software
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$0 software when searching through triSearch
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Annual licence fees + per-check and/or per-user pricing
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Integrated searching
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Native, real-time search ordering and results inside the workflow
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External portals, manual uploads, bolt-on integrations
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Industry design focus
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Designed specifically for Australian conveyancers and property lawyers
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Built on global AML compliance frameworks and adapted to the property sector
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Standards compliance
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ISO 27001:2022, SOC 2 Type 2, AU data sovereignty
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Varies by provider – often partial certification, unclear residency, or offshore hosting
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Support model
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Local Australian support across the full platform ecosystem
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Fragmented support models, offshore ticketing, multiple vendors
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AML/CTF resources
Explore the latest AML/CTF articles, upcoming events, and recorded webinars from triSearch.
Ready to meet your AML/CTF obligations?
No additional cost. No lock-in contracts. Everything you need, built into triConvey.
Book a demo and we’ll walk you through the triSearch Compliance Centre in the context of your own practice.
Frequently asked questions
Tranche 2 is the next stage of Australia's AML/CTF regulatory framework, which comes into full effect in 2026. It expands compliance obligations to professions not previously captured under Tranche 1, including lawyers, conveyancers, accountants, and real estate agents involved in property transactions or the handling of client money.
If your firm provides a designated service, you are required to enrol with AUSTRAC, establish a written AML/CTF program, conduct client due diligence, and report certain activity to AUSTRAC on an ongoing basis.
From 2026, all reporting entities under Tranche 2, including conveyancers and property lawyers providing designated services, must be enrolled with AUSTRAC and have an operational AML/CTF compliance framework in place.
AUSTRAC has indicated it does not intend to issue substantial fines during the first year of Tranche 2, however enrolment and a good-faith compliance effort are still required from day one.
AML/CTF stands for Anti-Money Laundering and Counter-Terrorism Financing. The regime requires reporting entities to put in place processes that identify, manage, and report potential money laundering or terrorism financing risk.
In practice, this means verifying your clients' identities, conducting risk assessments, screening clients against PEPs and sanctions lists, and reporting suspicious activity to AUSTRAC when required.
If your firm provides a designated service, yes. For conveyancers and property lawyers, this typically covers property settlement transactions, the preparation or execution of certain legal documents related to property, and the handling of client money or trust accounts in connection with these activities.
Not sure whether your firm is captured? Use our free Designated Services Checker to find out.
Tranche 2 applies broadly to any professional activity that involves handling client money, preparing or executing documents related to property transactions, or managing trust accounts in connection with these services.
For conveyancers, this covers property settlement and transfer work. For lawyers, it extends to property matters, estate planning where property is involved, and commercial transactions that include real property.
Non-compliance with Tranche 2 can result in civil and criminal penalties under the AML/CTF Act, including significant fines. Beyond financial penalties, there is also substantial reputational and regulatory risk for firms found to be operating without an adequate compliance framework.
AUSTRAC has signalled a supportive approach during the first year, with a focus on education over enforcement. However, firms are still expected to be enrolled and making genuine compliance efforts.
Verification of Identity (VOI) is the process of confirming that a client is who they say they are. It is a core requirement under both the existing conveyancing rules and the new AML/CTF framework.
Under Tranche 2, VOI forms part of your Customer Due Diligence (CDD) obligations. triSearch's Compliance Centre includes a VOI workflow that can be completed digitally, with results stored automatically against the matter for audit purposes.
triSearch's Compliance Centre brings together every step of your AML/CTF obligations in one place, integrated directly into your practice management system. It covers enrolment guidance, firm-level risk assessment, policy and program templates, staff training, client onboarding questionnaires, CDD and VOI workflows, suspicious matter and threshold reporting, and automated record keeping.
It was developed in collaboration with Grant Thornton Australia, advisers to AUSTRAC, and is built from the official AUSTRAC Starter Kits. It is complimentary to use — you only pay for the searches you order, just as you do today.
The Compliance Centre includes VOI, a client onboarding questionnaire (pre-filled where possible with smart risk-based logic), PEPs screening, sanctions screening, adverse media checks, and an automatically generated Customer Risk Report. Enhanced Due Diligence options including Verification of Funds are also available where required.
All results are stored against the matter and retained for seven years to meet AUSTRAC's record-keeping requirements.
The Compliance Centre is complimentary. There are no subscription fees, platform fees, or set-up costs. You only pay for the searches and verifications you order, which can be passed on to your clients as a disbursement, just as you do with other searches today.
Yes, in part. If you are already using triSearch's Onboarding and VOI solution, the identity verification workflows you have in place form part of the foundation your AML/CTF compliance program needs. The Compliance Centre builds on what you already have, adding the additional layers required under the new framework including risk assessments, policy templates, reporting, and record keeping.