Skip to main content
ClearAML is a purpose-built compliance platform that helps Australian accounting firms, law practices, and real estate agencies meet their obligations under the Anti-Money Laundering and Counter-Terrorism Financing Act. It replaces fragmented spreadsheets and manual processes with automated KYC verification, entity/UBO mapping, risk scoring, PEP/sanctions screening, transaction monitoring, staff training, and AUSTRAC-ready reporting — all hosted in Australian data centres.

​
Who ClearAML is for

The Tranche 2 reforms (effective 1 July 2026) extend AML/CTF obligations to a new class of professionals. ClearAML is built specifically for the three most affected groups:

Accountants

Tax agents, BAS agents, and accounting firms providing designated services such as business formation, asset management, and financial advisory.

Lawyers & conveyancers

Legal practitioners handling property transactions, company formations, trust structures, and other designated legal services.

Real estate professionals

Agents and agencies facilitating the sale, purchase, or lease of real property on behalf of clients.

​
What problems ClearAML solves

Under the Tranche 2 reforms, these professionals must enrol with AUSTRAC, implement an AML/CTF program, conduct customer due diligence, and report suspicious matters. Meeting these obligations manually is time-consuming and error-prone. ClearAML automates the core compliance workflow so you can stay AUSTRAC-ready without building internal compliance infrastructure from scratch.
The Tranche 2 reforms take effect on 1 July 2026. All affected professionals must be enrolled with AUSTRAC and have an operational AML/CTF program in place by that date. See the Tranche 2 overview for a full breakdown.

​
Key features

KYC verification

Verify client identity via the Document Verification Service (DVS) and biometric facial matching — bundled with an initial PEP/sanctions screen — for $8 per check.

KYB & entity/UBO mapping

Verify companies, trusts, SMSFs, and partnerships. Map ownership visually, follow multi-layer chains, and auto-flag anyone with 25%+ effective ownership as a UBO. Pull official ASIC company extracts straight into the record, and screen register parties for $1 each.

PEP & sanctions screening

Screen clients against global PEP, sanctions, and adverse media watchlists, with continuous daily re-screening and real-time alerts. Standalone screens are $5 each.

Automated risk scoring

Score clients as Low, Medium, High, or Very High using an AUSTRAC-aligned risk matrix based on client type, industry, and geography — with automatic EDD triggers.

Transaction monitoring

Log transactions, auto-flag amounts over your thresholds, investigate suspicious activity, and push straight to an AUSTRAC report.

AUSTRAC reporting

Draft and lodge SMR, TTR, IFTI, CBM, and Annual Compliance Reports, with statutory deadline tracking and a full lodgement history.

Staff training & PDD

A built-in AML/CTF LMS with tiered modules, quizzes, and Personnel Due Diligence sign-off — included free on every plan.

Forensic audit trail

Every action is time-stamped in a tamper-evident ledger with before/after values, keeping you ready for independent review at any time.
ClearAML also supports inter-firm connections — connect to another ClearAML firm by its Unique ID and share a complete client compliance record (verifications, risk, screening, directors/UBOs, documents, and audit history) in one click, or export any profile as a PDF.

​
Security and data residency

ClearAML is hosted exclusively in Australian data centres (Melbourne region) and uses bank-grade 256-bit encryption for data at rest and in transit. Your client data never leaves Australian jurisdiction. See Security for details.

​
Pricing at a glance

All plans include a 14-day free trial and a $15 signup credit. No credit card required to start.
Verifications are pay-as-you-go from your wallet: KYC (ID + biometric + initial screening) is $8 per check, standalone screening is $5 per check, KYB entity checks are $5 + a variable data fee, ASIC company extracts are $25 each, and related-party screening is $1 per party. Continuous PEP/sanctions monitoring is included on every plan. See Billing for the full breakdown.

​
Next steps

Quickstart

Sign up and run your first compliance check in five steps.

Account setup

Configure your firm details, compliance officer, and AML program.

Client management

Add, import, and manage all your client KYC profiles.

Tranche 2 overview

Understand your obligations under the Tranche 2 AML/CTF reforms.