AML/CTF compliance for law firms — without the compliance lawyer
Tranche generates your AML/CTF Program Manual, automates source of wealth analysis on bank statements, and manages your MLRO obligations — so your firm can stay AUSTRAC-compliant without hiring dedicated compliance staff.
What the Tranche 2 reforms mean for solicitors and law firms
From 1 July 2026, Australian law firms providing designated services are regulated entities under the AML/CTF Act. The obligations are real — and the penalties for non-compliance are severe.
Part A and Part B program documentation
Every law firm must produce and maintain a written AML/CTF Program covering general obligations (Part A) and customer due diligence procedures (Part B). There is no approved template — firms must draft compliant documentation from the AML/CTF Act and AUSTRAC Rules.
MLRO appointment and accountability
Firms must designate a Money Laundering Reporting Officer (MLRO) responsible for AML/CTF compliance, staff training oversight, and suspicious matter reporting. The role carries personal accountability — and it cannot be a checkbox appointment.
AUSTRAC enforcement risk for solicitors
AUSTRAC has issued civil penalty orders exceeding $1.3 billion against regulated entities in other sectors. Law firms are now in scope. The risk of penalties, licence conditions, or public enforcement action is real — particularly for firms that treat compliance as an afterthought.
Structured compliance, purpose-built for legal practices
Automated AML/CTF Program Manual generation
Answer a structured five-step wizard about your firm — practice area, client types, geographic exposure, transaction volumes — and Tranche generates a compliant Part A and Part B program document in minutes. Every clause is traceable to the AML/CTF Act and current AUSTRAC guidance, with a provenance panel showing exactly why each obligation applies to your firm.
Forensic source of wealth analysis on every matter
Upload a client's bank statement PDF and Tranche extracts the transaction table, performs a mathematical tie-out of opening balance, deposits, withdrawals, and closing balance, flags any single credit of AUD $10,000 or more, and audits the PDF metadata for signs of post-creation editing. The result is a compliance artefact PDF — ready for your matter file or AUSTRAC response.
Ongoing compliance register and calendar
Tranche maintains your training register (with AUSTRAC-aligned annual training evidence), SMR decision log (append-only, immutable once submitted), and annual review cycle. The compliance calendar surfaces upcoming obligations — training due dates, program review cycles, KYC refresh reminders — so your MLRO is never caught without documentation.
Everything your firm needs in one place
Tranche covers the full compliance lifecycle — from initial program documentation through to ongoing record-keeping obligations, so nothing falls through the cracks before an AUSTRAC audit.
- Part A AML/CTF Program — oversight structure, employee due diligence, training obligations
- Part B AML/CTF Program — customer identification, EDD procedures, ongoing monitoring
- MLRO appointment documentation and accountability framework
- Source of wealth analysis with mathematical tie-out and lump-sum flagging
- PDF metadata audit to detect edited or fabricated bank statements
- Client identity verification via Stripe Identity (hosted redirect flow)
- Training register with annual training event records
- Suspicious matter decision log — draft to submitted, immutable on submission
- Annual program review cycle with diff summary and next review scheduling
- Compliance calendar with automated reminders for all upcoming obligations
- Immutable audit snapshots — 7-year retention, exportable as a compliance artefact ZIP
Built for law firms that need audit-ready compliance without a full-time compliance team
Boutique and mid-size law firms do not have the budget for enterprise AML compliance software at $2,000 per month. Tranche is built for practices with 1 to 50 solicitors — firms where the MLRO is a senior partner with a full caseload, not a dedicated compliance officer. Every workflow is structured around how a busy legal practice actually operates: matter-by-matter SoW checks, annual training sessions, and a documented program that can be produced on 24 hours notice.
Tranche does not provide legal advice and is not a substitute for an AUSTRAC-qualified compliance reviewer. It is a platform for structured documentation, forensic analysis, and ongoing record-keeping — the foundation every law firm needs before engaging a compliance consultant for sign-off.
Guides for Australian law firms
Start your free 14-day trial — your program could be ready today
Most law firms complete the compliance wizard and generate their first program in under 45 minutes. No credit card required to start. Founding member pricing is available to early adopters.
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