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AML FinderAU
SubjectTwo records, worked side by side
Records checked to8 October 2026

AMLCompliant vs First AML

There is no universal winner. The question is which kinds of buyer should prefer which. These pages are built from the same source-checked data as every other page on AML Finder.

AMLCompliant

Document / template pack

Entry price
$497.00
Evidence
87%
Marketed to
Not established
Data residency
overseas

First AML

Full AML/CTF platform

Entry price
On application
Evidence
65%
Marketed to
Accounting, Real estate, Legal, Conveyancing, Financial services
Data residency
australia

Choose AMLCompliant when...

Nothing separates them here: every capability agreed for AMLCompliant is at least established for First AML too.

Choose First AML when...

  • Risk assessment is verified — AMLCompliant has not established it.
  • Customer due diligence is verified — AMLCompliant has not established it.
  • Know-your-business (entity checks) is verified — AMLCompliant has not established it.
  • Beneficial ownership and control is verified — AMLCompliant has not established it.
  • Enhanced due diligence is verified — AMLCompliant has not established it.

Biggest differences

FieldAMLCompliantFirst AML
Risk assessmentNoVerified
Customer due diligenceNoVerified
Know-your-business (entity checks)Not establishedVerified
Beneficial ownership and controlNoVerified
Enhanced due diligenceNoVerified
Electronic identity verificationNoVerified
Biometric liveness and face matchNoVerified
Document Verification Service (DVS) accessNoNot established
PEP and sanctions screeningNoVerified
Adverse media screeningNoPartial
Ongoing customer monitoringNoVerified
Automated transaction monitoring (bank-style rules)NoNot established
Suspicious matter report workflowNoNot established
AUSTRAC SMR XML exportNoNot established

Capabilities, section by section

Program & governance

AMLCompliantFirst AML
  • AML/CTF program creation Not agreed Not agreed
  • Program maintenance and review Not obtained Not obtained
  • Risk assessment Not agreed Agreed
  • Independent evaluation support (s84) Not obtained Not obtained
  • Staff training Not agreed Not agreed

CDD & entity work

AMLCompliantFirst AML
  • Customer due diligence Not agreed Agreed
  • Know-your-business (entity checks) Not obtained Agreed
  • Beneficial ownership and control Not agreed Agreed
  • Enhanced due diligence Not agreed Agreed
  • Reliance arrangements Not obtained Not obtained

Identity verification

AMLCompliantFirst AML
  • Electronic identity verification Not agreed Agreed
  • Biometric liveness and face match Not agreed Agreed
  • Document Verification Service (DVS) access Not agreed Not obtained

Screening & monitoring

AMLCompliantFirst AML
  • PEP and sanctions screening Not agreed Agreed
  • Adverse media screening Not agreed Queried
  • Ongoing customer monitoring Not agreed Agreed
  • Automated transaction monitoring (bank-style rules) Not agreed Not obtained

Reporting & control

AMLCompliantFirst AML
  • Suspicious matter report workflow Not agreed Not obtained
  • AUSTRAC SMR XML export Not agreed Not obtained
  • Tipping-off controls (s123) Not agreed Not obtained
  • Threshold transaction reporting Not agreed Not obtained

Evidence & extensibility

AMLCompliantFirst AML
  • Evidence pack export Not agreed Agreed
  • Immutable audit log Not agreed Not obtained
  • API access Not agreed Agreed

Tranche 2 operations

AMLCompliantFirst AML
  • Risk assessed per designated service Queried Queried
  • Ongoing monitoring triggered by designated service and risk Queried Queried
  • Program obligations calendar Queried Not obtained
  • Versioned AML program and CDD records Queried Queried
  • Escalation to AMLCO or manager with outcome recorded Queried Agreed
  • Expired document alerts Not agreed Agreed
  • Reliance CDD requests sent and received Queried Agreed

Unknowns to confirm

Not established for at least one of these two — ask before relying on it.

Program maintenance and reviewIndependent evaluation support (s84)Know-your-business (entity checks)Reliance arrangementsDocument Verification Service (DVS) accessAutomated transaction monitoring (bank-style rules)Suspicious matter report workflowAUSTRAC SMR XML export

Which one fits your requirements?

These two are compared on every field we track. Tell us what matters to you and we’ll recalculate this comparison against your own requirements.

Tell us what matters to you

Provider facts checked through 8 October 2026. Source records: AMLCompliant on AML Directory · First AML on AML Directory