AML/CTF Compliance Framework
Move Beyond Templates. Establish a Framework That Works in Practice.
Turn AML/CTF Requirements Into Practical Compliance
Our structured AML/CTF services help organisations establish, implement and independently review the foundations they need to manage their obligations in practice — bringing together risk assessment, policy, governance, controls and implementation in a clear and proportionate way.
We work with what you already have wherever possible, with a focus on meeting AML/CTF requirements without unnecessarily burdening existing operations, client onboarding or settlement processes.
Our AML/CTF Products And Support
Whether you are establishing your AML/CTF framework, putting it into practice, or seeking independent assurance, our structured services help you achieve practical compliance without unnecessarily burdening existing operations.
AML/CTF Establish
- ML/TF Risk Assessment.
- AML/CTF Policy.
- Governance and responsibilities.
- Required controls and compliance requirements.
- Implementation requirements.
- Prioritised action plan and next steps.
AML/CTF Align
- Client onboarding and risk-based questionnaires.
- Verification and due diligence workflows.
- Systems and technology alignment.
- Record-keeping and evidence requirements.
- Escalation and exception management.
- Integration with existing operational and settlement processes.
AML/CTF Assure
- Independent framework and readiness review.
- Policy and risk assessment alignment.
- Governance, controls and process review.
- Systems and record-keeping assessment.
- Identification of gaps and improvement opportunities.
- Prioritised readiness recommendations.
Our AML/CTF Products and Services
Establish Your AML/CTF Compliance Foundations
Build the right AML/CTF framework for your organisation — not simply a set of generic compliance documents.
Establish provides the core foundation your organisation needs to manage its AML/CTF obligations. We work with you to understand your services, operating environment, ML/TF risks and what you already have in place, then tailor the framework around how your organisation actually operates.
Depending on your environment, this may include:
- ML/TF Risk Assessment.
- AML/CTF Policy.
- Governance and accountability requirements.
- Identification of required controls and procedures.
- Consideration of existing systems and technology.
- Customer due diligence and verification requirements.
- Record-keeping requirements.
- Escalation and reporting requirements.
- Roles and responsibilities.
- Prioritised implementation actions and next steps.
The objective is to establish a proportionate AML/CTF foundation that meets your requirements while being practical for your organisation to implement and operate.
Align AML/CTF Compliance With Your Ways of Working
Make compliance work within the way your organisation actually operates.
Align translates your AML/CTF framework into practical processes, controls, systems and responsibilities.
We work with your existing workflows and technology to ensure required controls are implemented in the right places — helping you meet your AML/CTF obligations without introducing unnecessary duplication, administrative workload or friction for your team or clients.
Depending on your environment, this may include:
- Client onboarding and risk-based questionnaires.
- Customer due diligence and verification workflows.
- Risk assessment configuration and decision points.
- Systems and technology alignment.
- Record-keeping and evidence requirements.
- Escalation and exception management.
- Roles and responsibilities.
- Integration with existing settlement or operational processes.
The objective is to make sure the framework both ticks the boxes and works in practice.
Assure AML/CTF Readiness Review
Gain an independent view of whether your AML/CTF framework is ready and working as intended.
Assure independently reviews the AML/CTF environment you have established to identify gaps, areas requiring strengthening and practical readiness priorities.
The review looks beyond whether policies and risk assessments exist. We consider whether your governance, controls, systems, processes and records are appropriately aligned with the framework and how they operate in practice.
We also identify where controls may be creating unnecessary workload or friction, helping you distinguish between requirements that are necessary for compliance and processes that may be able to be simplified or improved.
The outcome is an independent assessment of your current position, together with clear priorities for strengthening readiness before or after implementation.
How We Work With You
A structured, practical process designed to establish your AML/CTF foundations, align them with your organisation and provide clear actions for implementation.
Initiate & Understand
We begin by understanding your organisation, the services you provide, your operating environment and your current approach to AML/CTF.
We review relevant existing policies, procedures, systems and practices so we can understand what is already in place and what can be appropriately leveraged.
Together, we confirm the scope, key stakeholders, information requirements and any areas requiring particular attention.
Clear scope and a practical understanding of your starting position.
Assess & Establish
In Establish, we work with you to assess the ML/TF risks relevant to your organisation and tailor the core AML/CTF framework to your business. This includes developing your ML/TF Risk Assessment and AML/CTF Policy, while considering the governance, controls, processes, systems and records required to support them.
During Align or Assure, where suitable processes, procedures or technology already exist, we look to ensure they are practical, proportionate and effective, and identify opportunities to ensure they aren’t burdening your processes or creating unnecessary duplication.
We focus on ensuring you have a tailored AML/CTF foundation built around your organisation and the way you operate.
Handover & Prioritise Action
Across all products, we bring the completed framework together with a clear set of implementation actions and priorities in a clear and easy to understand report.
We take you through what has been established, identify what still needs to be implemented or strengthened, and clarify responsibilities and next steps as required.
IGS can work alongside your organisation to implement and align the framework or undertake a more comprehensive readiness review.
Why Organisations Engage Us
AML/CTF compliance requires more than having policies and templates in place. Organisations need to understand their risks, establish clear responsibilities and ensure the right controls, processes and records support the way they operate.
Our AML/CTF Compliance Framework brings these elements together into a practical, proportionate framework tailored to your organisation — helping you understand what is already in place, what needs to be strengthened and what needs to happen next.
Is This Service Right for You?
Organisations use the AML/CTF Compliance Framework when:
You Need to Establish Your AML/CTF Foundations
You know AML/CTF requirements apply to your organisation, but need a structured way to establish the risk assessment, policy, governance and supporting requirements.
You Have Templates or Guidance but Need to Tailor Them
You have AUSTRAC materials, industry guidance or existing documents, but need to translate them into a framework that reflects your organisation, services, risks and operating environment.
You Have Existing Processes You Want to Build On
You already have onboarding, identity verification, record keeping, escalation processes or technology in place and want to understand how these can support your AML/CTF framework without unnecessary duplication.
Your AML/CTF Framework Is Established, But You Need It To Work In Practice
You already have policies, a risk assessment, technology or compliance processes in place, but need to ensure they are properly aligned with day-to-day operations — without unnecessarily increasing workload, creating duplicate processes or slowing client delivery.
You Need a Clear Implementation Path
You understand the requirements but need help identifying what needs to be implemented or strengthened, who should be responsible and what should be prioritised.
You Want Confidence About What Comes Next
You want a clearer view of your current position and practical next steps, with the option to access further implementation or readiness support where required.
You Want An Independent View Of Readiness
You have established your AML/CTF environment and want an independent review of whether the framework is complete, appropriately implemented and operating as intended, together with clear priorities for addressing any gaps.
The Organisational Wellbeing Index is designed for organisations seeking a clearer, evidence-based understanding of workforce conditions. By bringing existing workforce indicators together, it helps leadership identify meaningful patterns, understand where attention may be required, and monitor how organisational wellbeing changes over time.
Establish the framework. Know what comes next.
Bring your AML/CTF risk assessment, policy, governance and implementation requirements together in a practical framework built around your organisation — with clear priorities for putting it into practice.
AML/CTF Compliance Framework Pricing
How do I get Started?
Start with a complimentary 30-minute Discovery Session. We use this conversation to understand your organisation, the services you provide, what you already have in place and where you are up to with your AML/CTF requirements.
Where you have already completed some of this work, or require more extensive implementation or review support, we will recommend the level of assistance appropriate to your current position.
Following the consultation, we will:
- understand your organisation, services and current AML/CTF position;
- review what policies, procedures, systems or other materials you already have in place;
- confirm the appropriate scope and level of support;
- identify the information and stakeholder input required;
- confirm the price and timeframe before work begins; and
- commence the engagement once the scope is approved.
A Practical Approach to AML/CTF Compliance
The AML/CTF Compliance Framework provides a practical pathway from establishing your core compliance foundations through to implementation and operational review. Start with the level of support your organisation needs now, with the option to extend support as requirements develop.
Start Where You Need Us
You do not need to start from the beginning. If you already have a policy, risk assessment, technology platform or internal compliance capability, we work with what is already in place and focus our support where it adds value.
Each stage can be undertaken separately depending on your current position.
Benefits of the AML/CTF Compliance Framework
Build a clearer, more practical approach to AML/CTF compliance by bringing your risk assessment, policy, governance, controls and implementation requirements together into one structured framework.
Gain a clearer understanding of the AML/CTF requirements relevant to your organisation and how they translate into a practical compliance framework.
Understand the money laundering and terrorism financing risks relevant to your organisation, services and operating environment, providing a stronger basis for proportionate controls and decision-making.
Translate your AML/CTF framework into clear processes, responsibilities, controls and actions — building on suitable systems and practices you already have in place.
Know what is established, what still needs to be implemented or strengthened, and where to focus attention first through clear, prioritised next steps.
Frequently Asked Questions
What is included in the AML/CTF Compliance Framework?
The foundation engagement includes a tailored ML/TF Risk Assessment, AML/CTF Policy and implementation action plan.
We consider your organisation, services, operating environment and what you already have in place so the framework is relevant to your business rather than simply providing generic documents or templates.
Can you use our existing policies, procedures and systems?
Yes. Where appropriate, our approach is to build on what you already have rather than recreate it unnecessarily.
We consider existing policies, procedures, systems, technology and controls and identify where these can support your AML/CTF framework, as well as where changes or additional measures may be required.
How much does the AML/CTF Compliance Framework cost?
Our Establish AML/CTF Compliance Framework starts from $1,950.
Organisations requiring additional implementation support can engage IGS through our Align service, while organisations requiring a more comprehensive review of their existing environment can undertake our Assure AML/CTF Readiness Review.
We confirm the appropriate scope and pricing before any work begins.
What information do we need to provide?
We start with information about your organisation, the services you provide and how you currently operate.
Where available, we may also review existing policies, procedures, customer onboarding processes, systems, controls and other relevant materials. We will confirm exactly what is required at the beginning of the engagement.
Is this just an AML/CTF policy and risk assessment?
No. The policy and ML/TF Risk Assessment are important foundations, but the objective is to help establish a practical AML/CTF compliance framework.
We also consider the governance, responsibilities, processes, controls, systems, records and implementation requirements needed to support the framework in practice.
Does IGS certify that our organisation is AML/CTF compliant?
No. IGS does not provide independent certification that an organisation is compliant.
We work with your organisation to establish, strengthen and operationalise your AML/CTF framework, identify areas requiring attention and help you prepare for the requirements that apply to your organisation. Where independent assurance or certification is required, this would need to be obtained separately.
Make a Booking to Get Started
AML/CTF Compliance Framework Discovery Session
Start with a complimentary 30-minute AML/CTF Discovery Session. We’ll use a structured conversation to understand your organisation, the services you provide, your current AML/CTF position and what you already have in place.
During the session, we will:
- Understand your organisation, services and operating environment,
- Discuss where you are currently up to with your AML/CTF requirements,
- Explore any existing risk assessments, policies, procedures, systems and controls,
- Identify the areas where you need greater clarity or support,
- Discuss whether Establish, Align or Assure is the appropriate level of support for your organisation, and
- Determine the appropriate scope and next steps.
There is no obligation to proceed. Following the session, we’ll confirm the recommended approach for your organisation, the proposed scope and the cost before any work begins.
Select a suitable date and time to continue.
Contact Us
We would love to connect.
Based in Melbourne’s CBD, our management consulting team currently travel across Australia and New Zealand to support our clients. We also provide consulting & advisory through any online channels you are using in your business.
We would love to hear from you to find out how we can support you and your team.
530 Little Collins Street, Melbourne Victoria 3000, Australia