FreeAML Academy
Learn AML/CTF, then do it in FreeAML
Short lessons that show you what AML/CTF asks of you, and how you do each step in FreeAML.
19 short lessons across 5 modules. Watch them in order, or open the one you need.
Module 1
AML/CTF essentials
- Lesson 1.12 min 16 secWhat is AML/CTF and why it now applies to youYou'll see what AML/CTF is, why it covers you from 1 July 2026, and what AUSTRAC expects you to have in place.Watch lesson
- Lesson 1.21 min 53 secAm I in scope? Designated services and AUSTRACYou'll learn how to tell whether a service you offer is a designated service, and when you are a reporting entity.Watch lesson
- Lesson 1.31 min 43 secKey terms in plain EnglishYou'll learn the acronyms that matter: CDD, KYC, KYB, beneficial owners, PEPs, sanctions, and the reports you send to AUSTRAC.Watch lesson
Module 2
Your obligations
- Lesson 2.11 min 51 secEnrol and assess your riskYou'll enrol with AUSTRAC and assess your risk across customers, services, delivery channels, and countries.Watch lesson
- Lesson 2.21 min 46 secYour AML/CTF program and governanceYou'll see what goes in your AML/CTF program, and who approves it, oversees it, and runs it day to day.Watch lesson
- Lesson 2.31 min 59 secCustomer due diligence: KYC, KYB, PEPs and sanctionsYou'll identify, verify, and screen your customers, including beneficial owners, PEPs, and sanctions.Watch lesson
- Lesson 2.42 min 1 secReporting, records and trainingYou'll report to AUSTRAC, keep records, train your staff, and avoid tipping off.Watch lesson
Module 3
Doing it in FreeAML
- Lesson 3.11 min 29 secTour and team setupYou'll tour your FreeAML dashboard and invite your team, including your compliance officer.Watch lesson
- Lesson 3.21 min 21 secRisk assessment and AML/CTF programYou'll answer a short set of questions, review your drafts, and publish your AML/CTF program.Watch lesson
- Lesson 3.31 min 32 secSend your first client-pays verificationYou'll send a verification link your client pays for, then download the CDD report when they're done.Watch lesson
- Lesson 3.41 min 33 secVerify a company, trust or SMSFYou'll send a business check for a company, trust, or SMSF, and see how beneficial owners get verified.Coming soon
- Lesson 3.51 min 17 secTrain your staffYou'll assign four short training modules and keep the certificates with your training records.Coming soon
Module 4
Staying compliant
- Lesson 4.11 min 25 secReminders, roles and monitoring alertsYou'll use roles, reminders, and monitoring alerts to keep checks moving and spot later changes.Coming soon
- Lesson 4.21 min 48 secReporting and your audit-ready evidence packYou'll prepare reports in FreeAML, lodge them yourself in AUSTRAC Online, and export an evidence pack.Coming soon
Module 5
Optional industry add-ons
Optional. Open the add-on that matches your work.
- Lesson 5.11 min 24 secReal estate agentsYou'll see which real estate work is a designated service, and which red flags to watch for.Coming soon
- Lesson 5.21 min 20 secConveyancersYou'll see how property transfers and client money bring conveyancing into AML/CTF.Coming soon
- Lesson 5.31 min 28 secLawyersYou'll see which legal work is in scope, and where to check AUSTRAC guidance on privilege and reporting.Coming soon
- Lesson 5.41 min 25 secAccountantsYou'll see which accounting work is a designated service, and why beneficial owners matter in your work.Coming soon
- Lesson 5.51 min 25 secTrust and company service providersYou'll see how forming entities, nominee roles, and shelf companies are designated services for you.Coming soon