AML/CTF Compliance Centre
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AML/CTF compliance software for accounting firms
Prepare your accounting firm for Australia’s Tranche 2 AML/CTF reforms with a complete compliance workflow built for onboarding, risk management, reporting and record keeping.Â
The InfoTrack Compliance Centre helps accounting firms manage their AML/CTF obligations in one connected platform, from AUSTRAC enrolment and AML program management through to client due diligence, reporting and audit-ready record keeping.Â
Built in partnership with Grant Thornton, the Compliance Centre gives firms a practical and defensible approach to AML/CTF compliance aligned with AUSTRAC guidance.Â
Start using InfoTrack's AML/CTF Compliance Centre
Your AML/CTF obligations
1. Enrol with AUSTRAC
From 31 March 2026, accounting firms can begin their enrolment process through the Compliance Centre. The platform helps practices manage registration requirements and maintain a clear audit trail from the outset.Â
Within the Compliance Centre, firms can:Â
- Access step-by-step guidance for completing the AUSTRAC Business Profile Â
- Navigate directly to the AUSTRAC enrolment portal Â
- Store enrolment confirmations, forms and correspondence securely Â
- Maintain a centralised record of future updates and communications Â
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This helps firms stay organised, compliant and prepared for future regulatory reviews or audits.Â
2. Onboard your firm and people
The Compliance Centre includes a guided digital risk assessment workflow designed to help accounting firms identify and document their money laundering and terrorism financing risks in line with AUSTRAC expectations.Â
Reporting entities are required to maintain a documented AML/CTF Program outlining how risks will be identified, managed and monitored. This includes governance arrangements, customer due diligence procedures, staff responsibilities, training requirements and ongoing compliance controls.Â
Integrated AML/CTF training modules help firms educate staff on their obligations through videos, quizzes and progress tracking tools, all managed within the Compliance Centre.Â
Businesses must ensure employees involved in AML activities are appropriately vetted and trained. The Compliance Centre includes workflows that support personnel due diligence and record keeping in a streamlined way.Â
3. Onboard your customers
The onboarding process includes intelligent digital questionnaires that collect required KYC information and adapt dynamically based on the client’s risk profile and entity type.Â
InfoTrack’s ecosystem supports a range of AML verification checks, including:Â
- Verification of Identity (VOI)Â Â
- PEPs and sanctions screening Â
- Adverse media checks Â
- Source of funds verification where enhanced due diligence is required Â
Based on onboarding responses and search results, the system generates a client risk assessment with a clear risk rating and escalation prompts where additional review may be needed.Â
A complete AML report is automatically compiled for review and storage, helping firms maintain accurate records and support audit readiness. Reports can also be securely shared with authorised third parties where appropriate.Â
4. Report to AUSTRAC
Accounting firms may be required to submit reports to AUSTRAC depending on client activity and risk indicators. The Compliance Centre supports the preparation and submission of reports such as Suspicious Matter Reports and Threshold Transaction Reports, with prefilled information where possible.Â
Submitted reports are stored centrally to support future audit and compliance requirements.Â
Reporting entities must lodge an Annual Compliance Report (ACR) with AUSTRAC each year. The Compliance Centre includes a compliance dashboard that helps firms manage annual reporting obligations efficiently and maintain oversight of their compliance activities.Â
5. Record Keeping
Strong record keeping practices are essential to meeting AML/CTF obligations. AUSTRAC requires reporting entities to maintain complete and accessible records relating to customer onboarding, due diligence activities and reporting actions.Â
The Compliance Centre provides end-to-end digital record management, including activity tracking and secure storage of compliance records for the required retention period. This helps accounting firms maintain a clear audit trail and stay prepared for regulatory review.Â
1. Enrol with AUSTRAC
From 31 March 2026, accounting firms can begin their enrolment process through the Compliance Centre. The platform helps practices manage registration requirements and maintain a clear audit trail from the outset.Â
Within the Compliance Centre, firms can:Â
- Access step-by-step guidance for completing the AUSTRAC Business Profile Â
- Navigate directly to the AUSTRAC enrolment portal Â
- Store enrolment confirmations, forms and correspondence securely Â
- Maintain a centralised record of future updates and communications Â
Â
This helps firms stay organised, compliant and prepared for future regulatory reviews or audits.Â
2. Onboard your firm and people
The Compliance Centre includes a guided digital risk assessment workflow designed to help accounting firms identify and document their money laundering and terrorism financing risks in line with AUSTRAC expectations.Â
Reporting entities are required to maintain a documented AML/CTF Program outlining how risks will be identified, managed and monitored. This includes governance arrangements, customer due diligence procedures, staff responsibilities, training requirements and ongoing compliance controls.Â
Integrated AML/CTF training modules help firms educate staff on their obligations through videos, quizzes and progress tracking tools, all managed within the Compliance Centre.Â
Businesses must ensure employees involved in AML activities are appropriately vetted and trained. The Compliance Centre includes workflows that support personnel due diligence and record keeping in a streamlined way.Â
Benefits for accounting firms
Reduce manual compliance administration
Replace disconnected spreadsheets, manual forms and fragmented processes with a centralised AML/CTF workflow.
Improve consistency across your practice
Apply standardised onboarding, risk assessment and reporting processes across teams, offices and service lines.
Prepare for audits with confidence
Maintain clear, accessible and auditable compliance records with automated activity tracking and document storage.
Streamline client onboarding
Digitally collect KYC information and complete due diligence checks through integrated workflows designed to reduce duplication and delays.
Stay aligned with evolving obligations
The Compliance Centre is designed to support ongoing regulatory changes and evolving AUSTRAC expectations as Tranche 2 reforms continue to develop.
Start using InfoTrack's AML/CTF Compliance Centre
Cost breakdown
How pricing works
- InfoTrack does not charge for software.
- You only pay for the searches you conduct, which can be disbursed accordingly.
| InfoTrack's AML/CTF Compliance Centre | |
| Firm-level risk assessment | No fee |
| Creation of policies and processes | No fee |
| Staff training | No fee |
| Personnel onboarding and due diligence | |
| VOI | Complimentary until 30 June 2026 |
| PEP, sanctions and adverse media checks | Complimentary until 30 June 2026 |
| Bankruptcy and national criminal history check for compliance officer | Complimentary until 30 June 2026 |
| Client onboarding and due diligence (CDD) bundle | |
| VOI, PEP, sanctions and adverse media checks and Bankruptcy and national criminal history check for compliance officer | Pay-per-use |
Resources
Frequently Asked Questions
Tranche 2 is the next phase of AML/CTF regulatory obligations in Australia, coming into effect in 2026. It expands compliance requirements to cover additional professionals and activities that were not fully included under Tranche 1. This includes certain property transactions, complex onboarding of clients, and reporting obligations when handling client money. Professionals captured under Tranche 2 include lawyers, conveyancers, accountants, and real estate agents involved in these activities. Organisations must ensure they meet these requirements to remain compliant with AUSTRAC regulations.
Australia’s Tranche 2 AML/CTF reforms are expected to commence from 1 July 2026, with enrolment processes opening earlier for reporting entities preparing for compliance obligations.Â
AML/CTF obligations apply to accounting firms that provide designated services under the legislation. Firms should assess the services they offer and determine whether they fall within AUSTRAC’s reporting entity requirements.Â
An AML/CTF Program is a documented framework that outlines how a business identifies, manages and mitigates money laundering and terrorism financing risks.Â
It typically includes:Â
- Risk assessments Â
- Customer due diligence procedures Â
- Staff training processes Â
- Governance responsibilities Â
- Ongoing compliance controls Â
Depending on risk and service type, firms may need to complete:Â
- Verification of Identity (VOI)Â Â
- PEPs and sanctions screening Â
- Adverse media checks Â
- Source of funds verification Â
- Enhanced due diligence procedures Â
AUSTRAC requires reporting entities to retain certain AML/CTF records for at least seven years.Â
Yes. The Compliance Centre includes workflows and dashboards designed to support annual compliance reporting obligations and ongoing record management.Â
Yes. Consolidated AML reports can be securely generated and shared where appropriate and permitted under applicable compliance arrangements.Â
Yes. The platform is designed to support firms of different sizes, from smaller practices through to multi-office accounting businesses managing larger compliance workflows.Â
Trusted by the professions that cannot afford to get it wrong
InfoTrack is trusted by thousands of Australian law firms, conveyancers, banks and financial institutions, professions where data accuracy, security and compliance are not differentiators but prerequisites. That trust has been built through consistent performance across the most demanding professional services environments in the country: accurate data, reliable integrations, responsive support and a security posture that meets the highest available Australian standard.
Accounting firms operate in the same environment of professional obligation and client trust. Your clients share their most sensitive financial information with you. They rely on your judgement, your accuracy and your discretion. The technology underpinning that relationship should meet the same standard you hold yourself to.
InfoTrack was built to that standard. Not because it was required, but because that is the standard on which this platform was founded.
Powered by AI SupportÂ
The Compliance Centre now comes with your very own AI powered assistant, built directly into the platform and available whenever you need it.
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Imagine having an InfoTrack expert sitting with you at all times, ready to answer questions, guide your next step and keep your compliance moving forward.
Simply click the iSupport widget on the bottom right of any screen and ask questions.Â
Get real time answers to your AML/CTF and Compliance Centre questions
Navigate the platform with step by step guidance
Reduce reliance on support teams and external advice
Stay on track without interrupting your workflow
The AI powered support is available 24/7, whenever you need it, and available to you at no charge.
