Family Lawyers
AML/CTF compliance for Australian family lawyers handling divorce, property settlements, financial agreements and related matters. Covers client identification and compliance for financial transactions.
Who is captured under Tranche 2?
May be capturedFamily lawyers may be captured under Tranche 2 depending on the specific services they provide. Whether you're captured depends on whether your services fall within designated service categories such as property settlements, binding financial agreements, or handling significant trust funds. HeadStart Docs™ provides a headstart on AML compliance, whether or not you are in scope. We recommend seeking legal advice specific to your circumstances.
A HeadStart on Compliance
Digital products to help you build your AML/CTF program, whether or not you are in scope
Ready-to-Customise Resources
Documentation tailored to your sector, ready to customise with your lawyer
Team Training
Staff training materials for your team and compliance officers
Key AML/CTF Areas for Family Lawyers
Our documentation covers all critical AML/CTF compliance areas specific to your profession. Your lawyer reviews and tailors these to your business before you go live. We include a structured brief so the review is efficient.
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Client Identity Verification
Due diligence for both parties in family law matters.
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Property Settlement Compliance
Procedures for verifying assets and source of funds in settlements.
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Binding Financial Agreements
Compliance for prenuptial and postnuptial agreements.
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Third-Party Payments
Due diligence for payments from family members or third parties.
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Trust Account Procedures
Compliance for holding and disbursing settlement funds.
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Suspicious Matter Reporting
Recognising hidden assets or suspicious financial arrangements.
What's Included in Your Law Practice Edition
Digital products tailored to family lawyers operations, ready to customise with your lawyer.
- • AML/CTF program framework for family lawyers
- • Risk assessment worksheet (ML/TF/PF risks)
- • Client identification procedures
- • Property settlement compliance protocols
- • Financial agreement procedures
- • Third-party payment procedures
- • Trust account compliance
- • Suspicious matter reporting procedures
- • Recordkeeping schedules
- • Staff Training Register
Recommended Reading for Family Lawyers
Free Tools
Related Law Practice Professions
Disclaimer: This information is general in nature and does not constitute legal advice. HeadStart Docs™ provides digital products only, not legal services. Always seek advice specific to your circumstances from a qualified legal professional before implementing any AML/CTF program. We do not guarantee the accuracy of this information.