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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.

WHAT THE PLATFORM DOES

Things NextGen AML handles

So you don’t have to.

Book a Demo

Case Management

A structured workflow that tracks, investigates and report suspicious financial activities.

01

Document Collection

Guided checklists for staff and secure upload links for your customers.

02

Know Your Business

Capture identity, entity, beneficial ownership, and business information through guided workflows.

03

ID Verification & Screening

Connect to KYC, sanctions, PEP, and watchlist providers, all orchestrated within the platform.

04

Risk Scoring

Configurable rule-based scoring that classifies cases and drives review decisions.

05

Compliance Review

Route higher-risk cases to the Compliance Officer for EDD, decisioning, and final action.

06

Reporting Support

Reporting-ready draft outputs prepared for officer review and AUSTRAC submission.

07

Ongoing Monitoring

Periodic re-screening, alerts, and monitoring across active customer records.

08
Pre-Purchase Credits — 1 Year Validity

Spend

$100

Credits received

105

Bonus

5%

Rate per credit

$0.95 each

Spend

$500

Credits received

550

Bonus

10%

Rate per credit

$0.91 each

Spend

$1,000

Credits received

1,200

Bonus

20%

Rate per credit

$0.83 each

Credits cover additional KYC/KYB requirements beyond the included check volume in your bundle.
HOW IT WORKS

From onboarding to audit readiness, in one guided workflow.

You do not need multiple systems to onboard one customer. NextGenAML follows a single guided workflow from start to finish, so your team always knows where every case stands.

HOW IT WORKS Assess Your AML Readiness Build Your Operating Framework Verify Customers & Entities Screen & Score Risk Escalate Red Flags Record Decisions Stay Audit-Ready
Understand exactly where your business stands today and what must be in place before Tranche 2 obligations apply.
Set up your AML/CTF program, roles, controls, case workflows, risk rules, and reporting structure calibrated to your industry.
Capture information, collect documents, and trigger KYC/KYB verification through structured workflows.
Run sanctions, PEP, watchlist, and risk checks. The platform classifies cases as Low, Medium and High risk.
Higher-risk cases route to the Compliance Officer with all evidence already organised and contextualised.
Capture approvals, rejections, EDD notes, suspicious matter considerations, and reporting actions defensibly.
Maintain evidence, logs, case timelines, monitoring history, and exportable records, every action timestamped, every decision attributable.
HOW IT
WORKS
Assess Readiness
Assess Your AML Readiness
Understand exactly where your business stands today and what must be in place before Tranche 2 obligations apply.
Operating Framework
Build Your Operating Framework
Set up your AML/CTF program, roles, controls, case workflows, risk rules, and reporting structure calibrated to your industry.
Verify Customers
Verify Customers & Entities
Capture information, collect documents, and trigger KYC/KYB verification through structured workflows.
Screen Risk
Screen & Score Risk
Run sanctions, PEP, watchlist, and risk checks. The platform classifies cases as Low, Medium and High risk.
Escalate Flags
Escalate Red Flags
Higher-risk cases route to the Compliance Officer with all evidence already organised and contextualised.
Record Decisions
Record Decisions
Capture approvals, rejections, EDD notes, suspicious matter considerations, and reporting actions defensibly.
Audit Ready
Stay Audit-Ready
Maintain evidence, logs, case timelines, monitoring history, and exportable records, every action timestamped, every decision attributable.
plans & pricing

Every plan. Pay only for
what you use.

Every NextGenAML plan includes the complete platform  case management, KYC/KYB, risk scoring, screening, reporting, and monitoring. The only difference between plans is your monthly credit volume.

Basic

For sole traders and small practices.

$ TBC / mo
Monthly credits 100
Rollover Up to 50%
Credit Expiry 90 Days
Select Plan

Growth

For growing agencies and firms.

$ TBC / mo
Monthly credits 300
Rollover Up to 50%
Credit Expiry 90 Days
Select Plan

Pro

For established businesses.

$ TBC / mo
Monthly credits 750
Rollover Up to 50%
Credit Expiry 90 Days
Select Plan

Enterprise

For large organisations.

$ Custom
Monthly credits Custom
Rollover Up to 50%
Credit Expiry 90 Days
Select Plan

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?
Yes. Businesses that provide AUSTRAC defined designated services must incorporate AML/CTF Controls. These include and are not limited to Real Estate Agents and Agencies, Lawyers and Conveyancers and Accounting Practitioners. AUSTRAC has mandated that all new regulated entities should be ready to meet compliance guidelines by the 1st July, 2026. All businesses must comply, regardless of size.
Is NextGenAML suitable for real estate agencies?
Yes, NextGen AML is purpose built for the Real Estate agents and agencies. Our workflows are designed around entity checks, beneficial ownership, risk scoring, document collection and verification. We also are aware of specific industry requirements that might require multiple buyer profiles and checks.
Can NextGenAML support accounting firms?
Yes. The platform supports Accounting Firms and Accountants with client onboarding, KYB, entity verification, beneficial owner capture, risk assessments, PEP screening and audit ready record keeping. It is aligned with requirements of the industry and is calibrated to the engagement requirements of your business.