The Firm Profile captures your firm's legal identity, business identifiers, designated services, and addresses. This information is used across Firm Verify, including your AML/CTF Program and AUSTRAC enrolment, so it's important to complete it accurately before 1 July 2026.
AUSTRAC Tranche 2 deadline
Your firm is subject to AML/CTF obligations from 1 July 2026. AUSTRAC enrolments opened 31 March 2026. Your AML/CTF Program should be completed ahead of this date. Learn more at AUSTRAC →
How to access Firm Profile
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In Firm Verify, click Settings in the left navigation. |
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The Firm Profile page opens with four collapsible sections. |
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Expand each section and complete the required fields. |
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Click Save at the bottom of the page when done. |
Section 1: Firm Details
Captures your firm's legal and operating identity as registered with ASIC.
| Field | Required | Notes |
|---|---|---|
| Firm Name | Required |
Pre-filled from your licence. Read-only. Contact BGL support
if this needs correcting. Example: Clearwater Advisory Pty Ltd |
| Trading / Brand Name | Optional |
Enter your operating name if different from your legal entity
name. If left blank, the legal name is used throughout the platform. Example: Clearwater Advisory |
| Country of Registration | Required | Pre-filled from your licence. Drives which identifier fields are displayed. |
| Australian Company Number (ACN) | Optional |
9-digit number issued by ASIC. Required for Pty Ltd and registered
companies. Must pass the ASIC modulus-10 check digit. Format:
NNN NNN NNN. Example: 123 456 789 |
| Australian Business Number (ABN) | Optional |
11-digit ATO identifier required for all entity types. Must pass
ATO algorithmic validation. Format: NN NNN NNN NNN. Example: 51 824 753 556 |
| AUSTRAC Reporting Entity Number | Optional | Your AUSTRAC enrolment number. Enter it manually once received. Becomes read-only once confirmed by an Admin user. |
| Company Registration Number | Required | Shown for non-Australian entities only. Enter the primary registration number issued by the relevant national authority (max 50 characters). |
Section 2: Addresses
The official addresses of your firm for regulatory correspondence and AUSTRAC enrolment records.
| Field | Required | Notes |
|---|---|---|
| Registered Address | Required | Your firm's registered address as recorded with ASIC. Must be a full Australian address. |
| Principal Place of Business | Optional | Your main operating address if different from the registered address. |
Adding or searching for an address
Start typing in the address field to search. If your address isn't found, click Add New and enter the details manually:
| Field | Required | Example |
|---|---|---|
| Care Of | Optional | C/O Jane Doe |
| Address Line 1 | Required | Search powered by Google Maps |
| Address Line 2 | Optional | Suite 4, Level 2 |
| Suburb | Required | South Brisbane |
| State | Required | QLD |
| Postcode | Required | 4101 |
Section 3: Industry Segments
Classifies your firm's core business under the AUSTRAC regulated industries framework. The segment you select drives your risk profile defaults and the designated services available to you in Section 4.
| Field | Required | Notes |
|---|---|---|
| Industry Segment | Required |
At least one must be selected. Available options for Tranche
2 entities: Accountants: professional accounting services involving client funds (tax preparation, insolvency, restructuring) Trust & Company Service Providers: assisting clients to form or manage companies, trusts, and other legal arrangements |
| Industry Segment Description | Optional | A plain-language description of the designated services your firm provides (max 1,000 characters). A default description is provided; edit it to accurately reflect your firm. Included in your AML/CTF Program documentation. |
Section 4: Designated Services Offered
Select every designated service your firm provides. These are defined in Table 6 of section 6(5B) of the AML/CTF Act 2006 (as amended). At least one must be selected.
| Item | Service | Description |
|---|---|---|
| 1 | Real estate transactions | Assisting in the planning or execution of a transaction to sell, buy, or transfer real estate, including preparing or reviewing contracts, conducting title searches, holding funds in trust, and performing settlement steps. |
| 2 | Body corporate / legal arrangement transactions | Assisting in the planning or execution of a transaction to sell, buy, or transfer a body corporate (such as a company) or a legal arrangement (such as a trust or partnership). |
| 3 | Receiving, holding or managing property | Receiving, holding, controlling, or managing a person's money, accounts, securities, or other property to assist in the planning or execution of a transaction. For example, holding client funds in a trust account. |
| 4 | Equity or debt financing | Assisting in organising, planning, or executing a transaction for equity or debt financing relating to a body corporate or legal arrangement. For example, a capital raise, share issue, or loan arrangement. |
| 5 | Selling or transferring a shelf company | Assisting, or otherwise acting for or on behalf of, a person to plan or execute a transaction to buy, sell, or transfer a shelf company. |
| 6 | Creating or restructuring a body corporate or legal arrangement | Assisting in the planning or execution of the creation or restructuring of a body corporate or legal arrangement. For example, establishing a company, trust, or partnership. |
| 7 | Acting as director, secretary, trustee or similar | Acting as, or arranging for another person to act as, a director, secretary, attorney, trustee, partner, or similar role in relation to a body corporate or legal arrangement on behalf of a customer. |
| 8 | Nominee shareholder services | Acting as, or arranging for another person to act as, a nominee shareholder in a body corporate on behalf of a customer. |
| 9 | Registered office / principal place of business address | Providing a registered office address or principal place of business address for a body corporate or legal arrangement. For example, where the firm's address is used as the registered office of a client entity. |
Saving your Firm Profile
Click Save at the bottom of the page. All required fields must be completed before the profile can be saved.
Unsaved changes warning
If you navigate away while you have unsaved changes, Firm Verify will prompt you:
Unsaved Changes
You have made changes that have not been saved. Would you like to save these changes or discard them?
[Discard]: Leave without saving and go to the next screen.
[Save]: Save and move to the next screen (if all validation passes).
[✕]: Stay on the current page without saving.
Validation rules
| Rule | Detail |
|---|---|
| Profile completeness | All required fields must be completed before the profile can be saved. |
| ACN check digit | ACN must pass the ASIC modulus-10 check digit algorithm. If invalid, a link to the ASIC company register is provided. |
| ABN validation | ABN must pass the ATO validation algorithm. If invalid, a link to ABN Lookup is provided for self-verification. |
| Postcode / state consistency | Australian postcodes are validated against the selected state. A warning is shown for mismatches (not a hard block, to allow for border-region edge cases). |
| Designated services | At least one designated service must be selected. |
Frequently asked questions
My firm name is incorrect. How do I fix it?
The Firm Name is pulled from your BGL licence and cannot be edited in Firm Verify. Contact BGL support to update your licence details.
When do I enter the AUSTRAC Reporting Entity Number?
Enter it after you have enrolled with AUSTRAC (enrolment opened 31 March 2026; deadline 29 July 2026). Once confirmed by an Admin user, the field becomes read-only. You can submit and use Firm Verify before receiving this number.
Which designated services should I select?
Select every service your firm provides, not just your primary service. If you are unsure, refer to AUSTRAC's business profile guidance or speak with your Compliance Officer.