AML Regulations are coming in 2026.
Is your firm ready?

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Upcoming Q&A Sessions
AML Solutions Showcase
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Anti Money Laundering (AML) regulations will come into effect and be applicable to all law firms from July 2026. To ensure your firm is across these changes, we have prepared a dedicated training program for ALPMA members.

In 2026, changes to AML compliance requirements in Australia will significantly change the way many firms operate, in particular, during client on-boarding processes.

There is a lot to learn about AML compliance and how to implement the right procedural changes for your firm. We strongly recommend starting now and taking advantage of ALPMA’s comprehensive AML Learning & Development program in 2025, established in partnership with First AML.

Where to start:

This free workbook will step you through the components of AML/CTF and how to plan your firm’s AML program.

Download the Tranche 2 AML/CTF Workbook: Preparing Your Practice

What you need to know:

Regulations come into effect: July 2026.

This date is the finish line. Law firms need to be fully compliant by 1 July 2026.

AML will impact the way clients are onboarded.

Client intake processes will need to change, and in most cases legal work cannot start until AML is completed.

A risk-based approach is key.

Firms will need to assess and manage money laundering risks based on their clients, services and transactions rather than applying a one-size-fits-all approach.

Client due diligence (CDD) and ongoing monitoring are mandatory.

Firms must verify client identities, assess risk levels and continuously monitor for suspicious activity.

Compliance policies and training are essential.

Firms will need to implement AML policies, appoint a compliance officer, and train staff to meet regulatory requirements.

Upcoming Event Program

Meeting
18 November 2025
11:00 am - 11:45 am AEDT

AML/CTF Q&A Member Connect | Nov 2025

With sweeping AML/CTF reforms coming into effect for Australian law firms from 1 July 2026, every practice—big or small—must be ready to meet new compliance obligations. Navigating these changes can feel daunting, but you don’t have to do it alone. ALPMA is here to support your journey every step of the way.
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Meeting
17 February 2026
11:00 am - 11:45 am AEDT

AML/CTF Q&A Member Connect | Feb 2026

With sweeping AML/CTF reforms coming into effect for Australian law firms from 1 July 2026, every practice—big or small—must be ready to meet new compliance obligations. Navigating these changes can feel daunting, but you don’t have to do it alone. ALPMA is here to support your journey every step of the way.
Online
0 hrs
GRAB MY TICKET
Meeting
17 March 2026
11:00 am - 11:45 am AEDT

AML/CTF Q&A Member Connect | March 2026

With sweeping AML/CTF reforms coming into effect for Australian law firms from 1 July 2026, every practice—big or small—must be ready to meet new compliance obligations. Navigating these changes can feel daunting, but you don’t have to do it alone. ALPMA is here to support your journey every step of the way.
Online
0 hrs
GRAB MY TICKET
More upcoming AML live sessions

On-Demand Program

Event Recording

20 September 2025

New Zealand AML Insights

Join us for an exclusive Q&A session featuring New Zealand law firms as they share their firsthand experiences navigating AML compliance. We’ll delve into the practical lessons learned, including the...
Anti-Money Laundering (AML)
ACCESS
Event Recording

14 August 2025

AML Training and Readying your Firm

New ‘Tranche 2’ AML reforms are set to impact Law Firms in 2026. This session is the fourth in a series of four which will give participants an understanding of...
Practice Management and Business Skills, New Zealand CPD
Anti-Money Laundering (AML)
ACCESS
Event Recording

1 July 2025

AML Operationalise with Software

New ‘Tranche 2’ AML reforms are set to impact Law Firms in 2026. This session is the third in a series of four which will give participants an understanding of...
Practice Management and Business Skills, New Zealand CPD
Technology & Knowledge
ACCESS
More on-demand AML sessions

AML Solutions Showcase

Event Recording

30 September 2025

AML Solutions Showcase realaml

Join realaml’s CEO and Co-Founder, Jordan McCown, as he takes you through why realaml is trusted by 1,500+ law firms worldwide. Law-Firm First, Globally Proven✔️ We’ve seen every workflow and...
Technology & Knowledge
ACCESS
Event Recording

23 September 2025

AML Showcase APLYiD

Check out APLYiD’s demo of their AML Workflow platform. See how APLYiD can help you onboard, verify, manage, and monitor your clients to ensure easy AML compliance. By accessing this...
Technology & Knowledge
ACCESS
Event Recording

25 September 2025

AML Solutions Showcase FirstAML

You may have heard that AML compliance is solvable with a one-click ID in your PMS or by outsourcing the hard cases. Sounds easy. Leaves gaps. ID is one step....
Technology & Knowledge
ACCESS
Event Recording

25 September 2025

AML Showcase | easyAML

Are you ready to simplify your AML obligations without compromising on compliance? Join us for a live demo of the easyAML platform, designed to meet your end-to-end AML compliance needs—from...
Technology & Knowledge
ACCESS
Event Recording

25 September 2025

AML Showcase 2025 | Legl

Join Legl as they discuss the obligations law firms are facing under Tranche 2 and what day-to-day operational impacts they can expect to see. See how proactive firms are using...
Technology & Knowledge
ACCESS

Meet First AML

Book a free AML readiness review

First AML approaches AML from the perspective of not only a technology provider, but also from the lens of compliance professionals.

Prior to releasing Source, First AML’s end-to-end platform, we processed over 2,000,000 AML cases ourselves. Understanding the acute problem that faces firms these days as they try to scale their own AML, is in our DNA. That’s why Source now powers thousands of compliance experts around the globe to reduce the time and cost burden of complex and international entity KYC. Source stands out as a leading solution for organisations with complex or international onboarding needs. It provides streamlined collaboration and ensures uniformity in all AML practices.

Milan Cooper
CEO

Milan Cooper is the co-founder and CEO of First AML. He founded the company in 2017 alongside Bion Behdin and Chris Caigou as New Zealand’s first phase of AML regulations placed increasing compliance demands on businesses. With a background in management consulting at Bain & Company, Milan saw an opportunity to simplify AML compliance, helping firms reduce paperwork and stay compliant with minimal effort.

Bion Behdin
Co-Founder and CRO

Bion Behdin is the co-founder and Chief Revenue Officer of First AML, launching the company in 2017 alongside Milan Cooper and Chris Caigou. The trio identified a gap in AML compliance while working as corporate bankers, following the introduction of New Zealand’s first AML regulations for banks in 2013. Bion’s expertise spans industries and geographies, making him a leading voice in regtech and AML compliance across the globe.

Alpha AML Training

Alpha AML Training helps law firms upskill their staff on AML/CTF obligations with engaging, Australia-specific online courses. Designed for legal professionals, our training references AUSTRAC guidance and is clear, practical, and easy to roll out. With thousands of professionals trained and great user reviews, our dedicated platform simplifies user management while keeping staff training records stored.

About One AML

One AML provides expert-led AML compliance consulting, combining deep regulatory knowledge with a practical approach. As AML consulting specialists, the firm has worked with businesses across  Australasia and the United Kingdom to develop robust compliance policy frameworks, conduct independent evaluations and audits, and deliver tailored risk assessments. One AML focuses on providing clear, effective, and compliant AML policy frameworks that help businesses meet regulatory obligations without unnecessary complexity.

Exclusive ALPMA offer.

Book your free AML readiness review with First AML for a response in 1 business day.
Request Meeting

AML Explainer Series

Produced with the expertise of First AML, this detailed article series tells you what you need to know about the upcoming AML regulations.

Part 1: Money and matters: A lawyer’s guide to navigating Tranche 2

Part 2: The global landscape of AML and why it’s coming to Australia

Part 3: Law Council of Australia (LCA) submission and other perspectives.

Part 4: Staying compliant: Setting up a robust AML programme for your law firm.

Part 5: Money laundering red flags in the legal sector: What to watch out for and how to avoid both reputational damage and fines

Part 6: Get the basics right: Risk assessments in law firms.

Part 7: Get the basics right. CDD in law firms.

Part 8: Get the basics right. Understanding Ultimate Beneficial Owners (UBOs)

Part 9: Get the basics right – PEPs, sanctions and adverse media

Part 10: Get the basics right – International companies

Other handy links.

Australian Government | AUSTRAC