AML Shield is an Australian AML compliance software product for Tranche 2 businesses. It gives small and mid-sized firms a practical way to turn AUSTRAC starter-kit aligned guidance into working compliance workflows, records, training evidence, and customer due diligence processes.
For product details, current pricing, and account access, use the official AML Shield website.
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Tranche 2 will bring many Australian professional-services and property businesses into the AML/CTF regime. These businesses need a proportional way to set up policies, processes, training, customer checks, and records without copying the operating model of a bank.
AML Shield is designed around the practical work a reporting entity needs to perform: understand its designated services, assess risk, set up its AML/CTF program, train staff, perform CDD, escalate suspicious matters, and keep usable records.
AML Shield should be understood as software for the operating layer of AML compliance. AUSTRAC starter-pack material is organised around risk assessment, policy, process, customer forms, personnel forms, and maintain-program forms. Those categories translate naturally into software workflows: assign work, complete checks, record decisions, review risk, and retain evidence.
That matters for Tranche 2 businesses because the compliance problem is rarely just "write a policy". The practical problem is making sure customer due diligence happens consistently, beneficial ownership is considered where relevant, staff know their responsibilities, unusual activity is escalated, and the business can show what happened later.
AML Shield's public pricing includes a Program Starter Kit at $799/year, a Micro plan at $99/month or $1,057/year, and a Standard plan at $149/month or $1,591/year. Current prices and plan details should always be checked on the official pricing page.
AML Shield is an Australian AML compliance software product for Tranche 2 businesses. It helps teams work through AUSTRAC starter-kit aligned workflows, AML/CTF program records, customer due diligence, training evidence, and audit trails.
AML Shield is built for Australian Tranche 2 businesses and DNFBPs, including accountants, real estate professionals, legal professionals, conveyancers, precious metals dealers, trust and company service providers, and consultants supporting those firms.
No. AML Shield provides software workflows, training, records, and practical implementation support. Businesses remain responsible for understanding their obligations and getting professional advice where their risk profile or services require it.
AML Shield is positioned as workflow software: it helps organise risk assessment, CDD, program records, training evidence, review tasks, and audit trails rather than leaving each step as a separate document.
Relevant workflow areas include business risk assessment, AML/CTF program setup, customer onboarding, CDD, beneficial ownership, enhanced CDD, staff roles, training, escalation, records, and program maintenance.