AML/CTF training for Tranche 2 CDD workflows for Tranche 2 businesses. Free online courses with certificates. No signup required.
Start Free Training →No credit card • Instant access • Download certificates
AUSTRAC requires all reporting entities to train staff on AML/CTF obligations. This isn't optional — it's a legal requirement under Section 82 of the AML/CTF Act.
From July 1, 2026, Tranche 2 businesses must:
Penalties for non-compliance: Up to $31.25 million for corporate entities. AUSTRAC audits check training records — "we'll do it later" won't cut it.
Principals, sales agents, property managers, admin staff handling deposits
Partners, solicitors, conveyancers, paralegals, trust account staff
Partners, accountants, bookkeepers, admin staff doing entity setups
Owners, sales staff, appraisers, anyone handling high-value transactions
Dealers, salespeople, finance brokers, admin staff processing sales
Directors, consultants, admin staff forming trusts/companies/SMSFs
What Tranche 2 means, who it applies to, designated services, reporting entities
Duration: 20 minutes
How to verify customers, acceptable IDs, entity verification, beneficial owners
Duration: 30 minutes
Spotting suspicious transactions, when to file SMRs/TTRs/IFTIs, case studies
Duration: 25 minutes
Risk assessments, record-keeping, ongoing monitoring, AUSTRAC audits
Duration: 25 minutes
| Feature | FreeAML Training | Paid Providers |
|---|---|---|
| Cost per person | FREE | $50-200 |
| Signup required | No | Yes |
| built for AUSTRAC Tranche 2 CDD | ✅ | ✅ |
| CPD certified | ✅ | ✅ |
| Completion certificate | ✅ | ✅ |
| Updates included | ✅ Free | Extra cost |
For a 10-person team: FreeAML saves $500-2,000 vs paid training providers.
Must train:
Must train:
Must train:
The courses cover practical AML/CTF topics firms often include in staff training. A certificate is a record for your firm's file. Your firm still decides what its program requires.
Total: ~2 hours (4 modules × 20-30 minutes each). You can pause and resume anytime. Most people complete it in one sitting.
Yes. AUSTRAC requires ongoing training at least annually. We recommend refresher training every 12 months + whenever AUSTRAC updates rules.
Yes. Our compliance dashboard shows who's completed training, quiz scores, and certificate downloads.
Yes, each module has a quiz (80% pass required). If you fail, you can retake it unlimited times. Questions are randomized.
Yes. Core AML/CTF training is free forever. We may charge for advanced/specialized courses in future, but Tranche 2 basics remain free.
Train your team for Tranche 2 CDD in about 2 hours. CPD-certified certificates included.
Start Training →No signup • No credit card • Instant access