Top AML/CTF Compliance Software for Australian Accounting Firms
Compare the best AML/CTF compliance software for Australian accounting firms — VERA, FrankieOne, global IDV & manual. Find the right fit for Tranche 2. Read now!
Does My Accounting Firm Need to Register with AUSTRAC?
From 1 July 2026, some Australian accounting firms will need to register with AUSTRAC under AML/CTF Tranche 2 reforms. This guide explains the six designated services that may capture accountants, including managing client funds, setting up entities, providing registered office addresses, and acting as nominee officeholders. It also includes a simple self-assessment to help firms understand whether they are likely to become a reporting entity.
