Stay ahead of the AML/CTF reforms with our streamlined solution

We’re excited to announce the upcoming launch of our Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) solution, designed to help Tranche 2 entities meet their obligations under the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (AML/CTF Act).

In partnership with Dye & Durham, and powered by Realaml technology, this solution will soon be available to CITEC Confirm customers via our website.

Why choose our AML/CTF solution

Our cutting-edge platform simplifies compliance by enabling you to complete all your AML/CTF checks in one seamless workflow including:

  • Know Your Customer (KYC) and Verification of Identity (VOI): verify your clients’ identities quickly and accurately and ensure compliance with robust identity checks
  • Politically Exposed Persons (PEPs) and sanctions screening: identify high-risk individuals
  • built-in risk scoring: automatically assess and manage client risk levels
  • ongoing monitoring: stay compliant with continuous tracking and updates.

A better experience for you and your clients

Our solution doesn’t just make compliance easier for you but also enhances your clients’ experience. With our smooth, digital onboarding process, your clients can complete verification checks at their convenience via a secure link sent by email and SMS.

Compliance you can trust

Our system is compliant with ARNECC and AUSTRAC requirements, giving you peace of mind. It also retains a comprehensive record of the steps you take to verify your clients and assess their risk, ensuring you’re always audit-ready.

Plus, data is easy to export for AUSTRAC-required reporting.

Supporting you through change

The AML/CTF reforms will bring significant changes to the way Tranche 2 entities operate. Ashley Booth, Director of CITEC Information Brokerage (Confirm), shared:

We understand the challenges our customers face with the upcoming AML/CTF reforms. That’s why we’re proud to introduce a solution that not only simplifies compliance but also supports businesses through this transition.

Get ready for the AML/CTF reforms

The AML/CTF legislation is designed to prevent criminals from disguising illegally obtained funds as legitimate income. From 1 July 2026, Tranche 2 entities will be required to comply with the AML/CTF Act, with enrolment now open.

For more information about the reforms, visit the AUSTRAC website.

Learn more

Discover how our AML/CTF solution can help you stay compliant and protect your business. Visit our dedicated AML/CTF and VOI page for further details, or contact us directly to discuss how we can support your needs.