Stay Ahead of Tranche 2 – Get Started Today!
Don’t wait for enforcement to begin - ensure compliance now. Book a consultation or explore our AML/CTF solutions to safeguard your business.
Test the complete MemberCheck AML/CTF compliance engine with zero commitments. No setup fees, no lock-in contracts, no credit card needed.
Perform instant PEP, Sanctions, and Adverse Media screening across 1,000+ official watchlists without limitations during your trial.
Get immediate access to our AUSTRAC-aligned written AML/CTF Program documentation builder tailored for professional service providers.
Our Australian RegTech experts will walk you through your specific obligations and configure your MemberCheck workspace in under 15 minutes.
Australia's expanded AML/CTF regime requires designated businesses to implement 6 mandatory compliance pillars.
No long implementation projects or complex IT setups. MemberCheck gets your firm fully operational on Day 1 of your 30-day free trial.
Sign up in under 2 minutes with no credit card required. Invite your compliance officer and staff immediately.
Run instant PEPs, Sanctions, and UBO checks or batch-upload your existing client list for bulk verification.
Automated ongoing monitoring alerts you to sanction updates while 7-year encrypted logs satisfy AUSTRAC reviews.
Answer 3 quick questions to discover your compliance gap & claim your tailored 30-day trial setup.
Select your industry to see how MemberCheck automates your unique regulatory requirements.
Property transactions and client trust accounts pose significant money laundering risks. MemberCheck seamlessly integrates identity verification into your retainer agreement workflow.
Identify ultimate beneficial owners (UBO) of complex corporate structures with our automated Know Your Business (KYB) engine.
Verify buyers and sellers on the go directly from your mobile device or tablet prior to contract signing.
Manage cross-border client structures and maintain rigorous ongoing due diligence across multi-jurisdictional entities.
Everything you need to know about MemberCheck and our 30-Day Free Trial.
Your 30-day free trial gives you full unrestricted access to MemberCheck’s AML/CTF screening platform. You can test PEPs & Sanctions screening, generate sample audit reports, build your AML program, and consult with our Australian compliance specialists. No credit card is required!
Tranche 2 obligations are now fully live in Australia. Designated entities (Lawyers, Accountants, Real Estate Agents, TCSPs) are legally required to maintain a written AML/CTF Program, perform client identification (KYC/PEP checks), and maintain 7-year audit logs. MemberCheck helps you get fully compliant in under 15 minutes.
None at all. If you decide MemberCheck isn't the right fit for your firm, your account will simply expire after 30 days without any charge. You can export all search logs and reports generated during your trial period.
Yes! MemberCheck stores all screening history, false-positive resolutions, and customer risk notes in an encrypted 7-year audit trail that satisfies AUSTRAC regulatory review standards.
The reforms will go into effect on March 31, 2026, including the replacement of Part 7 of the AML/CTF Act with a more outcomes-oriented approach to risk alleviation and management for reporting entities.
New Customer Due Diligence (CDD) criteria will be implemented, as well as increased coverage of the AML/CTF regime for high-risk service providers such as real estate agents and virtual asset service providers. Key revisions include new legislation on tipping-off violations and electronic financial transfer reporting, which modernise the framework to meet global standards.
Finally, by July 1, 2026, more clarifications will be provided respecting legal professional privilege in reporting obligations and the treatment of bearer negotiable instruments. A transitional time is allowed for new reporting entities, allowing them to prepare for compliance with the enhanced AML/CTF regulations before the deadlines.
The proposed reforms to Australia's AML/CTF regime aim to simplify and modernise its operation while extending its coverage to Tranche 2 entities. By streamlining obligations and including high-risk professions, the Australian Government seeks to strengthen its efforts in combating money laundering and terrorism financing. The consultation process provides an opportunity for industry stakeholders to contribute their expertise and shape the development of a robust AML/CTF framework that aligns with international standards and best practices. Together, government and industry can work towards a safer and more resilient financial system that protects the integrity of Australia's economy and communities.
