Trust & Company Services
AML Compliance for Trust & Company Services
AML/CTF software for businesses providing trust and company formation services under Tranche 2.
Get your free trialWhat Tranche 2 Means for Trust & Company Services
From 1 July 2026, trust & company services businesses providing designated services are reporting entities under the AML/CTF Act and need an AML/CTF program. Whether these obligations apply to you depends on the designated services you provide. Check with AUSTRAC or a qualified adviser. Instant Compliance provides tools to help you set one up.
Industry Challenges
- •Complex beneficial ownership chains across multiple jurisdictions
- •Nominee director and shareholder arrangements requiring scrutiny
- •Trust structures being used to obscure ultimate beneficial ownership
- •Cross-border service provision with varying compliance requirements
- •Ongoing monitoring of corporate and trust structures over time
Your Obligations
- Enhanced customer due diligence for all trust and company formations
- Comprehensive beneficial ownership identification and verification
- Ongoing monitoring of trust and company structures for changes
- Risk assessment of jurisdictions and transaction patterns
- Suspicious matter reporting for unusual ownership arrangements
- Detailed record-keeping for all entities formed and managed
Our Solutions
- Sophisticated beneficial ownership tracking across complex structures
- Multi-jurisdiction compliance support and risk assessment
- Automated monitoring of corporate and trust structure changes
- Enhanced due diligence workflows for high-risk jurisdictions
- Compatible workflows for company formation and registry operations
- Audit trail and report preparation tools
Purpose-Built for Trust & Company Services Professionals
Tools designed for the compliance needs of your industry
Customer Verification
Identity verification and due diligence tools for your industry.
Risk Assessment
Industry-specific risk scoring and profiling based on sector-specific risk factors.
Transaction Monitoring
Monitor transactions for patterns and thresholds relevant to your business type.
Report preparation
Prepares suspicious matter and threshold transaction report content for your compliance officer to review and lodge with AUSTRAC.
Program documents
AML/CTF program templates for your industry, for you to review, tailor and adopt.
Records & audit log
Record-keeping and audit trails to help you evidence your work.
Key Steps for Trust & Company Services Businesses Under Tranche 2
Key steps to set up your program
Develop AML/CTF Programs
Draft AML/CTF program documents based on your business details and risk profile, for you to review and adopt.
By July 1, 2026Implement CDD Procedures
Establish customer due diligence procedures including identification and verification processes.
Before onboardingTransaction Monitoring
Set up systems to monitor transactions for suspicious activity and reporting thresholds.
Ongoing requirementStaff Training
Train all staff on AML obligations, red flags, and reporting procedures.
Regular trainingIndustry-Specific Integrations Coming Soon
We're building seamless integrations with the software platforms trust & company services professionals use every day. Want to see your platform integrated first?
Request an IntegrationReady to Prepare Your Trust & Company Services Business?
Get started with Instant Compliance. Start your free 2-week trial today!
Start Your Free TrialImportant: Instant Compliance is software, not compliance advice.
Our tools help you prepare, record and manage an AML/CTF program. They do not provide legal or compliance advice and do not guarantee compliance with the AML/CTF Act. Your business remains responsible for meeting its own obligations and for every decision it makes using these tools. Instant Compliance is an independent software provider and is not affiliated with, endorsed by or acting on behalf of AUSTRAC or any government body. Read what we do and what stays your responsibility