Your Genuine Partner in AML/CTF Compliance

At Sigma AML, we offer end-to-end solutions to help you with effectively identify, managing and mitigating risks:

Financial crime risk assessment
Customised compliance framework development
AML/CTF operationalisation
Employee training
Innovative risk management system

Revised AML/CTF Obligations for:

Tranche 1 begins on 31 March 2026

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Tranche 2 begins on 1 July 2026

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AML/CTF Timeline

2006

The AML/CTF Act was enacted, establishing a framework for Tranche 1 reporting entities to identify, manage and mitigate financial crime risks

2007

The AML/CTF Rules Instrument 2007 (No.1) was introduced to provide further detail on the implementation of the Act

2024

AML/CTF Amendment Bill 2024 received royal assent, signalling further reforms to the national AML/CTF framework

Aug 2025

Publication of the revised AML/CTF Rules

Oct & Dec 2025

Oct: Publication of core AML/CTF guidance for industries

Dec: Publication of specific AML/CTF guidance for Tranche 2 reporting entities

31 Mar 2026

Revised obligations of Tranche 1 reporting entities and virtual asset services provider commence

31 Mar 2026

Tranche 2 reporting entities can start registering with AUSTRAC (Deadline: 30 Jun 2026)

1 Jul 2026

Revised obligations of Tranche 2 reporting entities commence

Do you know the AML/CTF Reform is underway?

Australian AML/CTF regulation was first enacted in 2006, mandating financial institutions and entertainment / gambling service providers (known as Tranche 1 reporting entities) to develop risk-based systems, processes and controls to effectively detect, manage and mitigate financial crime risks.

In Dec 2024, the AML/CTF Amendment Act received royal assent. Purpose of the Reform is to modernise the national regulatory framework and extending the AML/CTF obligations to real estate professionals, legal professionals, account professionals, trust & company service providers and dealers in precious metals and stones (also known as Tranche 2 entities).

The revised regulation will become effective on 31 Mar 26 for Tranche 1 entities and virtual asset service providers.

From 6 Mar 26, Tranche 2 entities can start enrolling with AUSTRAC and must complete registration before 1 Jul 26 before the revised regulation commences.

We are here to help to ensure you have a “no stress” AML/CTF compliance journey.

What are your core obligations under the AML/CTF Reform?

Complete AUSTRAC enrolment form

Confirm in-scope designated services

Disclosure business structure and key personnel details

Appoint Money Laundering Reporting Officer (MLRO). Fit and proper test is required

Perform AML/CTF Risk Assessment

Create risk appetite statement

Develop risk assessment & scoring methodology

Assess financial crime risk associated with your business (customer, jurisdiction, product / channel risks

Assess current AML/CTF system and control environment

Confirm inherent risk and residual risk

Design, Uplift & Implement AML/CTF Program

Develop AML/CTF policies and standards

Develop governance structure and process

Develop in-scope AML/CTF systems, processes and controls (e.g. KYC, CDD, Transaction Monitoring, Name Screening, ECDD, Record Keeping, etc.)

Seek approval from senior management

Employee Training

Employee due diligence

Create training content

Role-specific modules

Ongoing training program

Reporting Obligation

Suspicious Matter Report (SMR)

Threshold Transaction Report (TTR)

International Funds Transfer Instruction (IFTI)

Comprehensive Solutions

Safeguard your business with complete compliance coverage

Comprehensive compliance is a holistic approach of developing integrated systems and controls to protect your organization from exposure to financial crime risks across all business operations, ensuring regulatory adherence and operational resilience.

Covers all AML/CTF compliance requirements

Expert guidance is only a consultation away

Keep your business compliant and protected

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Risk-Based Compliance Framework

Tailored AML/CTF programs designed to identify, assess and mitigate financial crime risks specific to your industry and business model, ensuring comprehensive protection while maintaining operational efficiency.

AUSTRAC Regulatory Reporting

Streamlined preparation and submission of all required AUSTRAC reports including SMRs, Annual Compliance Reports, and threshold transaction reports, ensuring accuracy and timeliness in all regulatory communications.

Integrated Technology Platform

Our proprietary FCRM system provides end-to-end case management covering KYC onboarding, transaction monitoring, name screening, and enhanced due diligence through a unified, user-friendly interface.

Expert Advisory Support

Dedicated consultation services from seasoned professionals with 15+ years experience across banking, fintech, gambling, and emerging Tranche 2 sectors including real estate, legal, and accounting industries.

Easy to get started

Our streamlined approach ensures your compliance journey is efficient and tailored to your specific needs. From initial consultation to full implementation, we guide you every step of the way.

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Initial Assessment

Comprehensive evaluation of your current compliance framework, risk exposure, and regulatory obligations to identify gaps and opportunities for improvement.

Custom Framework

Design and development of tailored AML/CTF policies, procedures, and controls that align with your business model and regulatory requirements.

Implementation & Support

Full deployment of compliance systems with ongoing training, monitoring, and continuous support to ensure sustained effectiveness and regulatory adherence.

Why Choose Us

Experience

Over 15 years of hands-on experience in financial crime compliance across global and domestic banks, fintech firms, gambling and entertainment industries, plus emerging Tranche 2 sectors.

Reliability

Proven track record of helping clients achieve full AUSTRAC compliance while maintaining operational efficiency. Our robust frameworks ensure consistent results and regulatory adherence.

Security

Advanced risk-based systems and controls designed to protect your business from financial crime exposure, with secure data retention and comprehensive audit trails for regulatory requirements.