AML/CTF compliance for law firms.
Australian law firms have had AML/CTF obligations under Tranche 2 since 1 July 2026. Radian AML covers client due diligence, risk assessment, ongoing monitoring and AUSTRAC reporting. It reads matters from your practice management system and charges the cost of each check to the matter.
What it does
Onboarding and client due diligence
An intake wizard for each client type (individual, company, trust, partnership, SMSF, association), a beneficial ownership tree, PEP and sanctions screening with hit adjudication, and identity verification evidence kept on the client.
Risk assessment
A configurable factor model scores each client Low, Medium or High and sets the due diligence level and review cadence. A versioned firm-wide risk assessment register sits alongside.
Ongoing monitoring
Rules for overdue reviews, expiring identification, screening re-hits, unusual trust transactions, scope drift and missing ownership information raise alerts. An alert is not raised again while an open one exists for the same subject.
AUSTRAC reporting
Suspicious matter reports drafted, reviewed, approved and lodged in one pipeline, with the statutory clocks visible at every step.
Conflict checking
Search across clients, matters, parties and relationships before a matter opens, with a clear, information barrier or declined-to-act outcome recorded.
Company unpacking
Registry lookups and ASIC extracts resolve ownership down the chain, name the gaps (trusts, foreign entities, nominees) and feed the transparency score.
Disbursements
Every chargeable check and extract is priced from an editable schedule and posted to the matter in your practice management system.
Matters from your PMS
Matters opened in the practice management system are brought into Radian AML before each monitoring sweep.
Built for three roles
The compliance officer runs the console, fee earners see their own clients and requests, and the managing partner signs off on risk and reporting.
Works with your practice management system
Radian AML does not write to your system directly. Updates go through an integration layer that Radian builds and supports for each firm.
Affinity
Adapter available. Clients and matters can be created in Affinity from the intake wizard, and disbursements post to the matter ledger.
Radian Practice
Runs as the compliance add-on to Radian Practice, sharing its client and matter records.
Other systems
Aderant and others connect through the same integration contract.
Beneficial ownership traced through a unit trust and a Singapore holding company, with the gaps named.
Request a demo
The demo runs on a fictitious mid-sized firm. We can also walk through one of your own client structures.
Radian LegalRadian Business Intelligence Pty Ltd, ABN 58 162 022 620
Level 3, 480 Collins Street, Melbourne VIC 3000