AML for Law Firms
The Tranche 2 AML/CTF reforms bring law firms under the same anti-money-laundering (AML) regime that applies to banks and financial institutions. Law practices need to enrol with AUSTRAC, build a compliant AML/CTF Program and demonstrate how they identify, assess and manage the risks of money laundering and terrorism financing.
Agentic AML understands that law firms operate under unique professional and ethical obligations and that AML compliance must work in harmony with confidentiality, privilege and client care. Our team includes qualified lawyers who have worked inside legal practices, so we understand how law firm processes function and how to embed compliance without compromising client relationships or workflow efficiency.
The Agentic AML Approach for Legal Practices
Agentic AML provides practical, defensible and proportionate AML/CTF frameworks tailored specifically for law firms. We don’t believe in generic programs or academic compliance. We build solutions that fit how your firm actually operates.
Our legal-sector AML solutions are built around four pillars:
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Understanding your firm’s structure, practice areas and client base.
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Assessing where AML/CTF risks arise in your work.
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Designing efficient controls and processes that integrate with existing systems.
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Ensuring your team understands their obligations through relevant, practical training.
We make AML compliance achievable for law firms of every size - from sole practitioners to national partnerships.