Practical steps to help your firm get AML/CTF processes and technology in place ahead of Tranche 2 deadline

With AUSTRAC enrollment now open and the Tranche 2 deadline of 1 July fast approaching, the clock is ticking for Australian firms to get their people, processes, and technology in order. That's why Legl and Verlata are joining forces to bring you a practical, no-fluff webinar designed specifically for law firm leaders navigating AML/CTF compliance for the first time.

Time stamps

00:00 – Welcome & speaker intros

07:00 – Agenda & session overview

08:00 – Who is Verlata? Global legal tech consultancy, specialist risk & compliance team. "Technology led, not technology dependent."

14:00 – Tranche 2 readiness checklist. The five steps: assess AML risk, enrol with AUSTRAC, build AML program, onboard firm & people, onboard clients.

12:00 – Legl overview: Cloud-based AML, onboarding & payments for 600+ law firms. "Best in breed meets all-in-one."

24:00 – Verlata's phased approach. Four phases from governance through to tech implementation with Legl.

30:00 – Legl walk-through of CDD workflows, the client portal, ID verification, and CDD report results.

44:00 – KYB, trusts & corporate structures. Company lookups, UBO discovery, AI-extracted trust deed data.

48:00 – Risk assessments & compliance dashboard. Client risk questionnaires, PEP/sanctions flags, jurisdiction risk — all in one view.

54:00 – Why Legl + Verlata? End-to-end AML, native integrations, PAYG pricing. CTA: book a free 15-min consult with Claire.

Key takeaways

1. Do the groundwork before buying tech. Understand your obligations, enrol with AUSTRAC, and design your AML program first — then plug in the software.

2. Legl + Verlata = consultancy + platform in one. Verlata builds the compliance program, Legl operationalises it. End-to-end, pay-as-you-go, disbursable to clients.

3. Built for Australian Tranche 2 specifically. ABN lookups, Aussie corporate structures, trust deed AI extraction, and a compliance dashboard tailored to what law firms here will need.