Risk Assessment & AML Program – Full Inclusions & Key Limits

Updated as at 3 March 2026

This table sets out the inclusions, scope and key limits for the Risk Assessment & AML Program package ($3,995 + GST). It should be read together with the main AML/CTF Compliance service page, the “Quick‑Start AML Packages” section and the pricing panel when deciding if this package is appropriate for your business. This is a one‑off fixed‑fee engagement for a single reporting entity (not a subscription).

InclusionWhat This Means In PracticeWhat Is Included (Units / Frequency / Caps)Out‑Of‑Scope / Custom Quote Only
Customised AML/CTF ProgramA tailored AML/CTF Program for your business (simple, non‑complex products) aligned with AUSTRAC guidance.One AML/CTF Program for one Australian reporting entity, delivered as an editable Word document, prepared once per engagement.Additional entities, reporting groups or multiple business lines; complex products or services; major rewrites after significant business changes; remediation work to fix past non‑compliance.
Business Risk AssessmentA documented ML/TF/PF risk assessment across your products, customers, channels and geographies.One written ML/TF/PF Business Risk Assessment for a single legal entity, including a risk rating table and summary of key controls.Group‑wide risk assessments across multiple entities; complex or high‑risk products and services; deep‑dive country risk studies; periodic updates outside this package.
Compliance Checklists / RegistersPractical tools so your team can manage AML obligations day‑to‑day.Up to 3 checklists or registers (for example, CDD checklist, transaction monitoring checklist) provided in editable format.Building automated systems or software; designing frameworks for new products or new designated services; populating registers with historical data; ongoing maintenance after initial delivery.
Staff Guidance Documents / How‑To MaterialsPlain‑English notes showing staff how to follow the Program in practice.Up to 3 staff guidance documents (for example, “How to complete KYC”, “How to escalate suspicious activity”) tailored to your procedures.Full training manuals; role‑specific deep‑dive guides; translations into other languages.
Handover / Training SessionA live walkthrough so senior staff understand the Program and Risk Assessment.One live handover session of up to 60 minutes via Teams or Zoom for up to 20 attendees.Multiple repeat sessions; in‑person workshops; bespoke firm‑wide training programs.
Follow‑Up Support / Q&A After DeliveryShort, time‑boxed support while you digest the documents and start implementation.Email Q&A and/or one follow‑up call of up to 30 minutes, available within 3 days of delivery.Ongoing advisory support beyond 3 days; project‑managing implementation; assisting with AUSTRAC enquiries or enforcement matters.
Implementation Checklist / Next Steps SummaryA simple action list so you know what to do next internally.A short implementation checklist or one‑page “Next Steps” summary for your team.Any further implementation or remediation work, which is scoped and quoted separately.

Assumptions & Limits For This Package

Who this package is designed for

  • Single reporting entity providing one or more designated services
  • Simple, non‑complex products and services
  • Straightforward structure (one legal entity)
  • Low–medium complexity
  • Not suitable for large, complex reporting groups or banking groups

When this package should be custom‑quoted (not bought online)

  • Reporting groups or multiple legal entities / branches
  • Highly complex group structures
  • Very high‑risk industries
  • Significant legacy AML/CTF issues
  • Prior serious AUSTRAC findings
  • Active enforcement or remediation programs
  • Launch of a new designated service

Typical turnaround time

  • Usually 3–4 weeks from receiving all requested information and material
  • Timeframe assumes timely client responses and availability
  • Timeframes are estimates only and may be affected by factors outside our control

Examples of work always treated as separate engagements

  • Historical remediation projects
  • Independent AML/CTF Reviews or statutory Independent Evaluations
  • AUSTRAC enforcement or audit responses
  • Large‑scale staff training programs
  • Complex multi‑entity Program design
  • Major restructuring of existing Programs due to significant business changes

All packages can be tailored to your business needs. The listed price is a standard estimate for small to medium enterprises; final pricing may vary based on the size, complexity and risk profile of your business. Full engagement terms for this package are set out in the Terms and Conditions of Engagement.

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