Firm Verify is BGL's AML/CTF compliance platform, purpose-built for Australian accounting firms and other professional services firms regulated under AUSTRAC's Tranche 2 regime.
It gives your firm the tools to build, document, and maintain a complete AML/CTF compliance framework, from your initial risk assessment through to your written program, all in one place.
AUSTRAC Tranche 2 — 1 July 2026
Accounting firms and other professional services firms become regulated entities under Australia's AML/CTF laws from 1 July 2026. Firm Verify is designed specifically to help you meet these obligations. Learn more at AUSTRAC →
Who is Firm Verify for?
Firm Verify supports three key roles within your firm:
| Role | Responsibilities in Firm Verify |
|---|---|
| Governing Body | Oversees the AML/CTF Program and appoints the Compliance Officer. |
| AML/CTF Compliance Officer | Builds and maintains the Program, conducts risk assessments, and provides AML/CTF training to personnel. |
| Senior Manager | Reviews and approves Program documents before they are finalised. |
What does Firm Verify do?
Phase 1 of Firm Verify covers your firm's written AML/CTF program:
|
AML/CTF Program Builder Step-by-step tools to generate and approve your firm's written AML/CTF Program, Policies, and Processes, ready for AUSTRAC submission. |
Firm Risk Assessment A guided risk assessment tool to identify and document the money laundering and terrorism financing risks facing your firm, as required by AUSTRAC. |
|
Team and Personnel Register Manage your firm's users and key personnel, including your Compliance Officer and Governing Body, and track AML/CTF training completion. |
Firm Profile Record your firm's legal identity, designated services, business identifiers, and addresses for AUSTRAC enrolment and program documentation. |
Getting started
When you first log in, a three-step setup checklist guides you through the essentials:
1 |
Complete your Firm Profile Enter your legal details, designated services, and business addresses. |
2 |
Appoint a Compliance Officer Add your key personnel and assign the Compliance Officer role. |
3 |
Build your AML/CTF Program Complete your risk assessment, then generate your policy, process, and program documents. |
Frequently asked questions
Does my firm need to use Firm Verify?
If your accounting firm provides designated services under the AML/CTF Act 2006 (as amended), you are required to comply with AUSTRAC's Tranche 2 obligations from 1 July 2026. Contact BGL if you are unsure whether your firm is in scope.
When should I enrol with AUSTRAC?
AUSTRAC enrolments opened 31 March 2026. The enrolment deadline is 29 July 2026. Your AML/CTF program should be completed ahead of 1 July 2026. Visit austrac.gov.au for enrolment guidance.
Do I need a separate login?
Firm Verify is accessed via the BGL Suite. If you already use other BGL products, your existing BGL login gives you access through the App Switcher.