The AML Platform for Accounting firms.

Yes. ClearAML is engineered specifically for Accountants, Lawyers, and Real Estate Professionals (DNFBPs). Our workflows, risk assessments, and audit trails are designed to meet the AUSTRAC reforms that took effect on 1 July 2026.

Tranche 2 obligations commenced on 1 July 2026. Accounting firms already providing designated services on that date had to apply to enrol with AUSTRAC by 29 July 2026 (otherwise, within 28 days of first providing a designated service), and must notify AUSTRAC of their AML/CTF Compliance Officer by the later of 14 days after enrolment or 29 July 2026. Your first independent evaluation is due between 30 June 2029 and 31 December 2030, depending on your AUSTRAC account number.

Civil penalties can reach 100,000 penalty units (AUD 36.4 million) per contravention for corporations and 20,000 penalty units (AUD 7.28 million) for individuals. AUSTRAC can also use infringement notices, remedial directions, enforceable undertakings and injunctions, and criminal penalties for the most serious offences can include imprisonment. The obligations have applied since 1 July 2026, so getting compliant now is the lowest-risk approach.

All AML/CTF records must be kept for a minimum of 7 years. This includes records of how each customer was identified and verified (not copies of their ID documents), transaction records, risk assessments, your AML/CTF program document, and records of the reports you lodge with AUSTRAC (such as SMRs and TTRs) and the documents supporting them. ClearAML keeps the compliance records you create in a searchable, audit-ready format.

Yes. We treat SMSFs as a specific entity type, allowing you to verify the Trustees (Individual or Corporate) and beneficiaries according to AUSTRAC rules.

Yes. The Professional plan allows you to tailor the risk matrix to fit your firm's specific AML Program and risk appetite.

A full check is $8: ID verification (document and biometric checks) and PEP/sanctions screening bundled into a single charge, with no hidden add-ons. Screening-only checks are $5. Our standard prices are published on our pricing page.

Client data is encrypted at rest (AES-256) and in transit (TLS). Your client records and documents are stored in Australian data centres (Sydney Region). Some checks, such as identity verification, are processed by specialist providers overseas — our Privacy Policy sets out where.

Yes. Bulk import your clients via CSV in minutes. We'll map them instantly so you can start risk profiling right away.

New clients need initial CDD before you provide a designated service. Existing (pre-commencement) clients don't need initial CDD unless an SMR obligation arises or a significant change in the relationship makes their ML/TF risk medium or high — but ongoing CDD applies to them. ClearAML's bulk onboarding tools let you run your entire existing client base through identity verification and sanctions screening efficiently, with automated re-screening on an ongoing basis.