AML Australia

What AML Australia does

AML Australia is a private Australian AML/CTF compliance consulting firm and the Australian practice of NIYEAHMA's AMLVerse global compliance ecosystem. The firm delivers end-to-end advisory services across eight service lines — ML/TF Risk Assessment, AML/CTF Program design, KYC and Ongoing CDD, In-House AML Compliance Department Setup, AML Training, AML Regulatory Reporting, AML/CTF Health Check, and AML Software Selection — and operates as an outsourced extension of its clients' compliance functions. Delivery is led by a small bench of ACAMS/CAMS-certified Chartered Accountants (Founder Pathik Shah, FCA with 26+ years' governance/risk/compliance experience; Partners Jyoti Maheshwari and Monika Shah; Consultant Dipali Vora) and is supported by the multi-country AMLVerse partner network spanning Australia, UAE, India, Singapore, UK, Oman, Saudi Arabia, Hong Kong, and Bahrain.

The business model is project-based professional services: engagements are scoped (risk assessment, program build-out, KYC/CDD implementation, health check gap analysis, software vendor selection) and billed on a quote basis. Pricing is not publicly disclosed, and free downloadable flyers/guides plus a free interactive AUSTRAC Enrolment and Registration Eligibility Checker function as top-of-funnel demand-generation assets. The firm does not sell proprietary software, has no app, no published API, and no disclosed AI/ML capability; its core technology is the institutional knowledge of its certified consultants and a content marketing footprint (blog, social, downloadable guides, interactive checker).

The customer base is anchored to the forthcoming Tranche 2 obligations under Australia's AML/CTF Amendment Act 2024 — real estate agents, property developers, conveyancers, lawyers, accountants, trust and company service providers, and dealers in precious metals/stones — that must enrol with AUSTRAC by 29 July 2026. Existing Tranche 1 reporting entities (financial institutions, bullion dealers, gambling operators) form a secondary segment, with Virtual Asset Service Providers (VASPs) added as a third vertical ahead of the 31 March and 1 July 2026 registration milestones. The geographic footprint is single-country domestic (Australia), with cross-border reach accessed only through the parent AMLVerse ecosystem.

Name

AML Australia

Legal name

AML Australia

Website

https://amlaustralia.com

Company type

Private

Operating status

Operating

Short description

AML Australia is a private AML/CTF compliance consulting firm and the Australian arm of NIYEAHMA's AMLVerse global ecosystem. It serves Australian DNFBPs, Tranche 1 reporting entities, and VASPs with end-to-end advisory — risk assessments, AML/CTF program design, KYC/CDD, training, regulatory reporting, health checks, and software selection.

Ownership category

akta.pro rank

Product category

AML/CTF Compliance Consulting

NAICS

Management Consulting Services (54161), Professional, Scientific, and Technical Services (54)

SIC

Services-Management Consulting Services (8742)

akta.pro primary industry

AML/CFT & Financial Crime Compliance (FSAFAOAD)

akta.pro secondary industry

AML/CTF Compliance Programs & Monitoring (MPAEAOAD)

Keywords

• AML compliance consulting
• AUSTRAC compliance advisory
• AML/CTF risk assessment
• KYC and CDD services
• AML regulatory reporting

GTM type

B2B

Offering type

Services

Cost components

Personnel, Marketing or Sales, Operations, Technology or R&D

Revenue model

1. AML Compliance Advisory Services: Professional consulting services billed for AML/CTF compliance engagements including ML/TF risk assessments, AML/CTF program design, KYC and CDD implementation, in-house compliance department setup, AML training, regulatory reporting assistance, health checks, and AML software selection advisory.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels9 records

Core offering

AML Australia is a specialist AML/CTF compliance consulting firm that helps Australian businesses meet their obligations under the AML/CTF Act 2006 and AML/CTF Amendment Act 2024. It delivers end-to-end advisory engagements covering ML/TF risk assessment, AML/CTF program design, KYC/CDD implementation, in-house compliance department setup, AML training, AUSTRAC regulatory reporting, compliance health checks, and AML software selection advisory. The firm also publishes a free interactive AUSTRAC Enrolment Eligibility Checker as a self-service digital tool.

Product overview

AML Australia is an AML/CTF consulting firm offering advisory and consulting services rather than a software product company. The firm provides end-to-end AML compliance services through eight core consulting service offerings: ML/TF Risk Assessment, AML/CTF Program Design, KYC and Ongoing CDD Services, In-House AML Compliance Department Setup, AML Training, AML Regulatory Reporting, AML Health Check, and AML Software Selection. Additionally, the firm offers a free interactive AUSTRAC Enrolment and Registration Eligibility Checker tool on their website. All services are delivered by ACAMS-certified professionals and focus on helping Australian businesses comply with AUSTRAC obligations under the AML/CTF Act 2006 and the AML/CTF Amendment Act 2024.

Differentiator

Problem solved

Functional benefit

Products and services

• ML/TF Risk Assessment Services Enterprise-wide ML/TF risk assessment service for Australian regulated entities that identifies, measures, and mitigates money laundering and terrorism financing risks in alignment with AUSTRAC guidance and FATF standards.
• AML/CTF Program Services Design and implementation of AML/CTF policies, controls, systems, and procedures that define the pathway to compliance with Australian AML/CTF regulations for Tranche 1 and Tranche 2 entities.
• KYC and Ongoing Customer Due Diligence (CDD) Services KYC verification and ongoing customer due diligence services including PEP screening, sanctions screening, and adverse media screening to ensure AML-compliant customer onboarding.
• In-House AML Compliance Department Setup Services Setup and structuring of in-house AML compliance departments including definition of roles, responsibilities, organisational structure, and internal code of conduct for newly regulated businesses.
• AML Training Services Employee AML/CTF risk awareness training covering regulatory obligations, typologies, reporting procedures, and role-specific compliance training delivered by ACAMS-certified professionals.
• AML Regulatory Reporting Services Regulatory reporting services including Suspicious Matter Reports (SMRs), Threshold Transaction Reports (TTRs), International Funds Transfer Instruction Reports (IFTIs), and AML/CTF Compliance Reports filing assistance with AUSTRAC.
• AML/CTF Health Check Services Compliance gap analysis and health-check review of existing AML policies, controls, systems, and procedures to ensure alignment with current regulations and identify areas for improvement.
• AML Software Selection Services Advisory services to help businesses assess requirements, evaluate vendors, and select appropriate AML compliance software solutions including transaction monitoring, KYC, name screening, and regulatory reporting tools.
• AUSTRAC Enrolment and Registration Eligibility Checker Free interactive step-by-step self-service tool that helps Australian businesses determine whether they must enrol, register, or both with AUSTRAC based on their designated services and geographical link to Australia.

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• NIYEAHMA (AMLVerse)coreStrategic or Co-development PartnerAML Australia is a part of NIYEAHMA's AMLVerse, described as a global AML compliance ecosystem connecting consulting, regulatory knowledge, professionals, implementation frameworks, and technology. This parent-subsidiary/ecosystem relationship provides AML Australia with cross-jurisdictional reach spanning Australia, UAE, India, Singapore, UK, Oman, Saudi Arabia, Hong Kong, and Bahrain. NIYEAHMA is the overarching global AML compliance network under which AML Australia operates as the Australian practice.

Scale indicators1 record

Recent moves5 records

Expansion highlights5 records

Direct peers

• KordaMentha: Australian-headquartered advisory firm with a dedicated Forensic, Risk and AML practice that competes for the same Tranche 1 and Tranche 2 AML/CTF advisory mandates in Sydney, Melbourne, Perth, Brisbane and Canberra. Both firms sell AML consulting rather than software, making them the closest direct peer in the domestic market.
• McGrathNicol Advisory: Australian advisory firm with a Financial Crime and AML compliance practice serving DNFBPs and financial institutions. Directly comparable to AML Australia given its boutique, domestic focus on AML/CTF advisory services rather than RegTech product.

Broad incumbents

• RSM Australia: Global mid-tier accounting and consulting network with a Risk and AML practice in Australia. Competes for AML advisory engagements with DNFBPs and financial institutions, offering AML/CTF consulting within a wider advisory portfolio.
• BDO Australia: Mid-tier accounting and advisory network in Australia with an established AML/CTF consulting practice serving reporting entities and newly regulated Tranche 2 DNFBPs. Overlaps with AML Australia on compliance advisory but offers a broader portfolio of audit, tax and risk services.
• PwC Australia: Big 4 firm in Australia with a Financial Services Risk and Regulation practice that delivers AML/CTF advisory, AUSTRAC remediation and Tranche 2 readiness work. Represents the largest-scale incumbent competing for the same AUSTRAC-regulated client base.
• KPMG Australia: Big 4 firm with a dedicated AML/CTF and Financial Crime practice serving Australian reporting entities and DNFBPs. Competes with AML Australia on Tranche 2 readiness and broader AML program advisory.
• EY Australia: Big 4 firm with a Financial Services Risk Management practice offering AML/CTF advisory and Tranche 2 compliance work in Australia. Comparable as an incumbent competitor for AML consulting mandates, though operating at materially greater scale.
• Deloitte Australia: Big 4 firm with a Financial Crime practice covering AML/CTF advisory, AUSTRAC remediation, and Tranche 2 readiness for Australian DNFBPs and financial institutions. A broad incumbent with overlapping advisory offerings.

Emerging players

• Napier AI: RegTech vendor offering AI-driven AML transaction monitoring, KYC and name screening platforms used by Australian and APAC financial institutions. Competes with AML Australia on the software selection and implementation side rather than on consulting, but increasingly constrains the value of human-led AML services.

Others

• LexisNexis Risk Solutions: Global data and analytics provider whose KYC, PEP/sanctions screening and AML data products are frequently the underlying technology that AML Australia recommends and helps clients select during AML Software Selection engagements. Adjacent rather than directly competitive.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/AmlAustralia
• YouTubeyoutube.com/@amlaustralia?sub_confirmation=1
• Facebookfacebook.com/people/AML-Australia/61570449337959
• LinkedInlinkedin.com/company/aml-australia
• Instagraminstagram.com/amlaustralia

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about AML Australia