Practical steps to help your firm get AML/CTF processes and technology in place ahead of Tranche 2 deadline
Timestamps
00:00 – Welcome & speaker intros
07:00 – Agenda & session overview
08:00 – Who is Verlata? Global legal tech consultancy, specialist risk & compliance team. “Technology led, not technology dependent.”
14:00 – Tranche 2 readiness checklist. The five steps: assess AML risk, enrol with AUSTRAC, build AML program, onboard firm & people, onboard clients.
12:00 – Legl overview: Cloud-based AML, onboarding & payments for 600+ law firms. “Best in breed meets all-in-one.”
24:00 – Verlata’s phased approach. Four phases from governance through to tech implementation with Legl.
30:00 – Legl walk-through of CDD workflows, the client portal, ID verification, and CDD report results.
44:00 – KYB, trusts & corporate structures. Company lookups, UBO discovery, AI-extracted trust deed data.
48:00 – Risk assessments & compliance dashboard. Client risk questionnaires, PEP/sanctions flags, jurisdiction risk — all in one view.
54:00 – Why Legl + Verlata? End-to-end AML, native integrations, PAYG pricing. CTA: book a free 15-min consult with Claire.
Key Takeaways
1. Do the groundwork before buying tech. Understand your obligations, enrol with AUSTRAC, and design your AML program first — then plug in the software.
2. Legl + Verlata = consultancy + platform in one. Verlata builds the compliance program, Legl operationalises it. End-to-end, pay-as-you-go, disbursable to clients.
3. Built for Australian Tranche 2 specifically. ABN lookups, Aussie corporate structures, trust deed AI extraction, and a compliance dashboard tailored to what law firms here will need.
