AML Checklist

AML Checklist, now operating as CompareAML, is a free online comparison service for AML and CTF Checks and compliance software, matching Australian businesses with vetted providers ahead of the AUSTRAC Tranche 2 reforms.

• Compares 28 vetted AML and CTF compliance providers across the seven Tranche 2 sectors: legal, accounting, real estate, bookkeeping, pubs and clubs, financial services and precious metals.
• Every listed provider passes five vetting checks, including a live platform session, a verifiable Australian customer reference per sector, an AUSTRAC alignment review, pricing transparency and Australian business hours support.
• Free for businesses, with more than 500 Australian SMEs matched since March 2026; funded by fixed fees per qualified lead and operated by AML Intelligence Network Pty Ltd (ABN 44 696 407 600).
• Comparisons cover pricing from A$0 to more than A$2,500 per month, customer due diligence inclusion, training availability, contract length and Australian data storage.

Best for: Australian firms in Tranche 2 sectors that must enrol with AUSTRAC and stand up an AML/CTF program before 1 July 2026 and need a shortlist of suitable software providers.

AML Checklist, now operating as CompareAML, provides free Enterprise Risk Management tools that help Australian businesses assess exposure under the AUSTRAC Tranche 2 reforms.

• A free risk assessment tool shows whether a business is captured by Tranche 2, which extends the AML/CTF Act 2006 to around 100,000 additional businesses from 1 July 2026.
• An AML/CTF program builder helps reporting entities draft the written program AUSTRAC requires, covering governance and customer identity verification.
• Regulatory guides, a glossary and a weekly newsletter track ongoing AUSTRAC obligations.

Best for: owners and compliance leads in Tranche 2 sectors who need to gauge exposure before engaging a provider.