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What the law requires and how we handle it

Enrol with AUSTRAC

Register as a reporting entity. You must provide specific business details and maintain updated records with the regulator.

NEXTGEN AML SOLUTION

  • Confirms services eligible for registration
  • AUSTRAC enrolment guidance
  • Advisory support during technical handshake

Build Your AML/CTF Program

Design and implement a robust framework tailored to your business risk profile, including Part A and Part B.

NEXTGEN AML SOLUTION

  • Real estate-specific program builder
  • Automated risk-based logic mapping
  • Periodic policy updates with legislation

Verify Buyers & Sellers

Perform KYC procedures. Perform PEP and Sanction screening on all
participating entities in high-value transactions.

NEXTGEN AML SOLUTION

  • Biometric verification & ABN lookup
  • Real-time global PEP/Sanctions screening
  • Automated risk scoring per entity

Monitoring & Records

Ongoing customer due diligence (OCDD) and transaction monitoring. Maintain audit trails for minimum 7 years.

NEXTGEN AML SOLUTION

  • Automated risk alerts & re-screening triggers
  • Encrypted secure 7yr storage/export
  • Immutable timeline logging for compliance

Report Suspicious Matters

Submit Suspicious Matter Reports (SMRs) and Threshold Transaction Reports (TTRs) within statutory timeframes.

NEXTGEN AML SOLUTION

  • In-case flags for easy reporting
  • SMR draft outputs (AUSTRAC ready)
  • Direct API integration & tracking

Train Your Staff

Ensure all relevant employees are aware of the legal obligations and the firm’s specific AML/CTF policies.

NEXTGEN AML SOLUTION

  • On-demand compliance modules
  • Quizzes & digital certificates
  • Audit-ready training records

A full-service compliance partner, not just a platform login.

Tools alone do not produce compliant outcomes. NextGenAML pairs the platform with hands-on advisory services so your team adopts the right workflows, asks the right questions, and stays prepared for audit and regulatory scrutiny.

The operating system for AML compliance.

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  • Role-based access for Admin, Staff, Compliance Officer, and Auditor
  • Configurable risk rules and case routing logic
  • Verification and screening integrations
  • Subscription and credit-based usage model
  • Full audit logs and exportable case records

The expertise that gets compliance right.

A team of compliance practitioners help you interpret obligations, configure the platform to your business model, train your people, and operate the program once it is live.

  • AML readiness assessment and gap analysis
  • AML/CTF program design and documentation
  • Platform configuration to your risk profile
  • Staff training tailored to your requirement
  • Ongoing monitoring, audit prep, and improvement support
Precision by design

Precision by Design

Detail-oriented – Professional

We navigate the granular complexities of the AML/CTF Act with surgical accuracy. Every case, check, document, decision and escalation is captured with discipline.

Compliance

Human-Centric Compliance

Approachable – Supportive

We remove the regulatory fear factor. Complex AUSTRAC obligations become plain, practical, business-ready workflows under the guidance of a compliance expert.

strategy<br />

Targeted Risk Strategy

Specialised – Efficient

We do not believe in “one size fits all”. Our solutions are specifically calibrated to your industry’s unique AUSTRAC risk profile, focusing effort where it matters most.

Growth

Integrity-Led Growth

Professional – Forward-looking

We design compliance solutions that scale with your business and support long-term success. Our AML solutions protect your reputation, strengthen client trust and give your business the confidence to grow.

THE ROAD TO 1 JULY 2026

Months of preparation,
One definitive deadline

AUSTRAC compliance is a journey. Whether you are catching up on previous milestones or finalizing your setup, this is the path to being audit-ready by 1 July.

JAN
FEB
MAR
APR
MAY
JUN
JUL
JANUARY

Audit Your Exposure

Identify which of your daily activities qualify as "designated services" and define the scope of the AML/CTF obligations your specific business faces.

FEBRUARY

Complete a Risk Assessment

The cornerstone of compliance. You must identify, document, and quantify the specific money laundering and terrorism financing risks inherent to your industry and client base.

MARCH

Register with AUSTRAC

Officially register as a reporting entity. This establishes your business within the regulatory ecosystem and ensures you are correctly identified by the regulator.

APRIL

Develop a Compliance Program

Formalise your written AML/CTF Program. This is the mandatory "rulebook" that outlines exactly how your business will meet its legal obligations, manage risk, and handle reporting.

MAY

Set up a Smart System

Manual spreadsheets won't survive an audit. You need a reliable, automated workflow to collect, verify, screen, and store client information securely and transparently.

JUNE

Train Your Team

The final hurdle. Everyone in your business, from front-of-house to management, must understand exactly what AML obligations mean for their role.

JULY

Operation Live

The obligations begin. Your program is active, your team is trained, and your digital workflows are prepared to capture, evidence, and report as required by AUSTRAC from day one.

Answers, before you ask.

Does NextGenAML submit reports directly to AUSTRAC?
The platform generates the report and sends it to your assigned compliance officer for review. The Compliance Officer can submit after he conducts his due diligence preserving the human control in the loop. Submission status, date, and reference are captured inside the case record for audit continuity.
Do small businesses really need AML/CTF controls?
The platform generates the report and sends it to your assigned compliance officer for review. The Compliance Officer can submit after he conducts his due diligence preserving the human control in the loop. Submission status, date, and reference are captured inside the case record for audit continuity.
Is NextGenAML suitable for real estate agencies?
The platform generates the report and sends it to your assigned compliance officer for review. The Compliance Officer can submit after he conducts his due diligence preserving the human control in the loop. Submission status, date, and reference are captured inside the case record for audit continuity.
Can NextGenAML support accounting firms?
The platform generates the report and sends it to your assigned compliance officer for review. The Compliance Officer can submit after he conducts his due diligence preserving the human control in the loop. Submission status, date, and reference are captured inside the case record for audit continuity.
Precision by design

Precision by Design

Detail-oriented – Professional

We navigate the granular complexities of the AML/CTF Act with surgical accuracy. Every case, check, document, decision and escalation is captured with discipline.

Compliance

Human-Centric Compliance

Approachable – Supportive

We remove the regulatory fear factor. Complex AUSTRAC obligations become plain, practical, business-ready workflows under the guidance of a compliance expert.

strategy<br />

Targeted Risk Strategy

Specialised – Efficient

We do not believe in “one size fits all”. Our solutions are specifically calibrated to your industry’s unique AUSTRAC risk profile, focusing effort where it matters most.

Growth

Integrity-Led Growth

Professional – Forward-looking

We design compliance solutions that scale with your business and support long-term success. Our AML solutions protect your reputation, strengthen client trust and give your business the confidence to grow.