AML/CTF Tranche 2 Hub
AML Hub for Trust & Company Service Providers (TCSPs) — Powered by My Databoss
All in one secure platform: risk-assessment template → guided implementation session → compliance-program guide → AUSTRAC-aligned training → automated KYC & reporting workflows.
Why TCSPs Are Now in Scope
Tranche 2 brings TCSPs under AUSTRAC from 1 July 2026
TCSP Businesses that provide “designated services” such as:
Forming companies or trusts on behalf of clients,
Providing registered office / business address services,
Supplying nominee directors, shareholders or secretaries,
Acting as trustee or similar fiduciary roles,
become “reporting entities.”
You must:
Enrol with AUSTRAC within 28 days of first offering a designated service.
Implement a written AML/CTF Program (Part A & Part B).
Perform Customer Due Diligence (CDD/KYC) on every client and all beneficial owners/controllers.
Monitor clients & report suspicious activity: file Suspicious Matter Reports (SMRs), Threshold Transaction Reports (TTRs ≥ A$10 000 cash) and International Funds-Transfer Instructions (IFTIs) where relevant.
Keep records for 7 years & train all staff.
Penalties: AUSTRAC can impose multi-million-dollar civil fines and pursue personal liability for Directors / Compliance Officers in serious breaches.
Ready to get started?
The Five Biggest Risk Areas for TCSPs
Typical higher-risk scenarios:
Nominee director or shareholder requested by unknown overseas client with opaque beneficial-ownership.
Trust formation for a client from a high-risk jurisdiction.
Layered company structures (3-plus tiers) with no clear commercial purpose.
Politically Exposed Person (PEP) involved as director / beneficiary.
Payments routed via third-party escrow accounts or unusual split cash deposits ≥ A$10 000.
Red-Flag Awareness: These examples come from AUSTRAC Gatekeeper-Sector Risk Assessment and our own TCSP Risk-Assessment Template. The full TCSP-Sector Red-Flag Checklist is included in our Compliance Guide (unlocked during the implementation session) and taught in our AUSTRAC-aligned e-learning.
See how WE CAN HELP WITH AML/CTF Compliance
Putting the Pieces Together
Step 1 — Risk Assessment (Free Download)
Start with our Accounting-sector Risk-Assessment Excel Template to map out customer-types, services, delivery-channels, geographies and transaction risks for your practice.
Template to map out customer types, geographies, delivery-channels and transaction risks for your agency.
Step 2 — Sector-Specific Compliance Guide (Unlocked via Free Implementation Session)
Book a 30-min session → our specialist walks you through your risk-profile and hands you the Accounting AML/CTF Compliance Guide with pre-filled Part A & Part B sections
Step 3 — Activate Platform + Training
Staff complete our AUSTRAC-aligned e-learning (launch Nov 2025) → you switch-on My Databoss workflows: digital-ID → auto-risk-tier → custom EDD → audit-ready records.
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See how AML/CTF fits seamlessly into an accounting engagement in My Databoss
Daily Compliance in Practice
Open new TCSP engagement and invite customer to secure portal.
Digital-ID + biometric check (100-point ID, liveness detection & biometric-match.
Platform auto-screens PEP / Sanctions / Adverse-Media and assigns Risk-Tier.
High-Risk client (e.g. off-shore trust setup) auto-requires EDD form + Compliance-Officer approval before fees accepted or work commences.
All CDD/EDD reports & supporting docs auto-stored 7 years. Dashboards feeds Internal reporting. Keep your firm audit-ready always
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Learining HUB
Resources & Learning
[ AUSTRAC – Tranche 2 Reforms Overview ]
[ AUSTRAC – Sector-Specific Guidance ]
[ AUSTRAC – Red-Flag Indicators for Gatekeeper Sectors ]
[ Download Free Risk-Assessment Template (Excel) ]
[ Book Free Implementation Session → Receive Compliance Guide ]
[ Preview AUSTRAC-Aligned E-Learning Course (launch Nov 2025) ]
Why TCSP Firms Choose My Databoss
Integrated Everything - Risk-Assessment + Guide + Training + KYC workflows + Board-reporting, all in one secure portal.
Tailored for TCSP Workflows - Handles complex UBO chains, nominee-appointments, supports multi-entity risk-assessments and regulatory reporting.
Audit-Ready in Minutes - Version-controlled program docs, risk-logs, SAR register, training register — ready for AUSTRAC inspection any time.
Start your AML/CTF journey today — protect your firm and your clients.
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