Your practice became a reporting entity. It didn’t become a compliance department. We run the whole anti-money-laundering function for your practice — program, client checks, monitoring, AUSTRAC reporting and training — for one fixed monthly fee.
AML compliance for law firms and conveyancers means having a written AML/CTF program, verifying clients before in-scope matters open, screening and monitoring, and reporting to AUSTRAC. We run all of it for your practice as an outsourced function. Your practice stays the reporting entity and keeps the legal obligation; we do the work.
Since 1 July 2026, AUSTRAC has regulated law firms and conveyancers that provide certain services. It’s the work that’s caught, not the profession. In a general practice, these are the ones that come up:
• Conveyancing and other property transactions
• Buying or selling a business
• Holding client money or property for a transaction
• Setting up or restructuring companies and trusts, including drafting a trust deed
• Acting as, or arranging for someone to act as, a director, secretary, trustee or nominee, or providing a registered office address
Giving advice alone isn’t enough to be caught, and AUSTRAC’s full list also covers financing and shelf-company sales. Not sure? Use AUSTRAC’s free self-assessment tool, or we’ll check your matter types with you on a free call.
If you are caught, the catch is timing: client checks have to be finished before the work starts, not at settlement.
AML compliance for conveyancers follows the same rules as for law firms, because conveyancing is caught whoever does it. A licensed conveyancer running their own practice has to verify each client and understand where the money comes from before acting, keep a written program, and report to AUSTRAC.
Your program is narrower, with one matter type and one set of risks, and it’s priced accordingly. Source of funds is where conveyancing files stall, so we run it as part of every client check, before it can hold up a settlement.
Take all nine modules, or only the ones you’re missing.
Your written AML/CTF program and risk assessment, kept current as the rules change.
Client and beneficial-owner checks, each turned around within two business days.
Source-of-funds work when a client, matter or country is higher risk.
At onboarding, then ongoing
Rules tuned to your practice, with alerts reviewed by our analysts.
Suspicious matter, threshold transaction and international funds transfer reports, prepared and lodged.
An experienced AML/CTF Compliance Officer appointed as an external officer of your firm.
Role-based, with records and certificates you can verify online.
Help when AUSTRAC asks a question, issues a notice or reviews your program.
For a two-partner firm doing conveyancing and the occasional company setup, it is a short written program, a client check before each in-scope matter opens, quarterly screening, and an annual training refresh. Most of it runs in the background.
Three steps, and you’re compliant in a fortnight.
Yes, and this matters more than anything else on this page. Your practice remains the reporting entity under the AML/CTF Act and the obligations stay with you — they cannot be transferred to a service provider. What changes is who does the work, keeps the records and stands beside you when AUSTRAC asks.
doing only litigation, criminal or family work may provide none of them, while a firm doing conveyancing or company and trust work almost certainly does. We check your matter types against the table before quoting.
Yes. Conveyancing is a designated service whether a solicitor or a licensed conveyancer does it, so standalone conveyancing practices carry the same AML/CTF obligations as law firms. We run the same program for you, with client verification and source-of-funds checks before each matter, screening, reporting and training, scaled to a practice with one matter type.
Privilege is a live issue for legal practices under these rules, and it’s something we scope on the first call rather than assume away. We work from the client identification and transaction information your firm provides, and we flag anything that touches privileged material so the practice decides how to handle it. (52 words)
You get a fixed monthly fee, quoted in writing before you commit, based on your size, matter mix and risk profile — not an hourly rate. A small practice with straightforward clients pays considerably less than a firm handling high-value property or overseas funds. The scoping call is free and there’s no obligation to proceed.
Privilege is a live issue for legal practices under these rules, and it’s something we scope on the first call rather than assume away. We work from the client identification and transaction information your firm provides, and we flag anything that touches privileged material so the practice decides how to handle it. (52 words)
No. AussieLegal is a paralegal company, not a law firm, and we don’t give legal advice — which is exactly why this works as an outsourced compliance function rather than a competing practice. If a question needs a legal opinion on your obligations, we’ll say so and you’ll take it to counsel.
One free call will settle it. We’ll tell you whether you provide a designated service, what you’d need, and what it would cost — and if the answer is that you don’t need us, we’ll tell you that too.
This page is general information about AML/CTF obligations and is not legal advice. Your practice remains the reporting entity and is responsible for its own compliance under the Anti-Money Laundering and Counter-Terrorism Financing Act 2006.
