Tranche 2 now covers accounting, legal, conveyancing and real estate practices. Intentiv runs onboarding, checks and ongoing monitoring, so you can keep up without a compliance team.
Tranche 2 extends Australia's AML/CTF regime to professional services: accountants, lawyers, conveyancers and real estate agents. As a reporting entity you now have to verify who your clients are, assess their risk, keep monitoring them, and report anything suspicious. These are legal obligations, and the penalties for missing them are real.
From your practice-wide AML/CTF program down to a single client file, Intentiv covers what Tranche 2 asks of you.
A guided builder that turns the AML/CTF Rules into your firm's working program: risk assessment, policies, governance, staff training and PDD sign-off, ready for AUSTRAC scrutiny.
KYC for individuals with DVS-backed document checks and biometrics. KYB for companies and trusts with ASIC registry data, and beneficial ownership resolved with the two-limb test. Sanctions and PEP screening across both.
Every document tracked to its expiry, with source of funds and relationship purpose on the profile. Renewals go out automatically, and a completeness ring shows where each file stands.
Structured alert dispositions, lawful decision outcomes, and threshold-transaction and suspicious-matter workflows with the statutory clocks built in.
Annual compliance reports, client evidence packs, and AI-drafted risk narratives your people approve. Generated on demand, ready for your board or your regulator.
Every edit, decision and export written to an immutable log. Total visibility for your compliance officer, and on demand for your auditor.
One client, one risk rating, one file. Every step is guided, and it's all saved as you go.
Capture who the client is and the work they want. This is where Intentiv works out which checks apply, so you never do more than you need to.
A risk rating built from set rules — client type, service, country, value. Because it's rules-based, you can always show how you got there.
Find the real people behind a company or trust, verify who they are, and screen everyone for sanctions, PEP and adverse media.
For higher-risk clients, gather the extra proof. The AI reads each document and flags anything that doesn't match the file.
Approve, decline, or approve with conditions. Your reasons are saved next to every check that led there.
If something looks wrong, Intentiv assembles a suspicious matter report from the file, ready for you to review and lodge.
Onboarding is the easy bit. Intentiv keeps checking every active client the whole time you work with them, so nothing slips while you're busy with the next job.
New sanctions or bad press get flagged as they show up, not months later.
Checks run again on a set cadence or when something changes, saved as a new version each time.
Client IDs get re-checked on time, with the reminders raised for you.
Higher-risk clients get tighter limits and quicker alerts.
The slowest part of AML is reading a pile of bank statements and writing up what they mean. Intentiv's AI does that first pass for you: it reads every document, checks it against the client's file line by line, and drafts the finding. You review and approve.
A signed wealth statement and a property title. Their wealth traces back to salary, business dividends, and the sale of a property.
The ongoing checks are the point, so clients stay covered long after they join.
Other tools hand you a checklist. Intentiv reads the documents and drafts the finding.
Onboarding, ID checks and monitoring in one flow, not four tools stitched together.
Who checked what, when, and why, ready if you're ever audited.
Client data is sensitive and heavily regulated. Intentiv keeps it encrypted, access-controlled, and logged from end to end.
AES-256 at rest and TLS 1.2+ in transit, with application-layer encryption and dedicated key management for the most sensitive credentials.
Role-based access control, multi-factor authentication and least-privilege staff access, with every access event logged.
Client edits, screening decisions, document reviews and exports written to an immutable audit trail, with risk-based alerts and on-demand compliance exports.
Small and mid-sized practices, especially the ones without a compliance team.
If your practice provides "designated services", and most accounting, legal, conveyancing and real estate work does, you're a reporting entity under Tranche 2. If you're not sure, working that out is the first thing Intentiv helps with.
No. It's made for practices that don't have one, and it walks you through each step.
No. It helps you meet them and keeps the record, but the responsibility stays with your firm.
No. It drafts summaries and findings. A person always makes the call.
They're re-screened, reviewed and re-verified over time. That's the main thing Intentiv does.
We're taking on early firms now. Ask for access below.