Syntrico Pty Ltd provides AML Guardian software and compliance solutions to assist Australian businesses in meeting their obligations under the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (AML/CTF Act) and associated rules administered by AUSTRAC.

Important Notices

1. Not Legal or Regulatory Advice
   1. AML Guardian and all Syntrico materials (guides, templates, webinars, blog content) are provided for general information and compliance support purposes only.
   2. This information does not constitute legal advice, financial advice, or formal regulatory guidance.
   3. Businesses must seek independent legal and compliance advice tailored to their specific circumstances and risk profile.
2. AUSTRAC Regulatory Status
   1. Syntrico is not an AUSTRAC reporting entity and does not provide designated services under the AML/CTF Act.
   2. AML Guardian is a RegTech software platform designed to help Tranche 2 entities (real estate agents, lawyers, accountants, trust service providers) implement their own AML/CTF programs.
   3. Syntrico does not accept responsibility for clients’ regulatory compliance outcomes.
3. Client Responsibilities
   1. Your business remains fully responsible for:
   2. Designing, implementing, and maintaining your AML/CTF program
   3. Conducting ML/TF risk assessments
   4. Performing Customer Due Diligence (CDD), Enhanced CDD (ECDD), Ongoing Monitoring
   5. Meeting all Suspicious Matter Reporting (SMR), Threshold Transaction Reports (TTR), and other reporting obligations
   6. Ensuring all program elements meet “reasonable grounds” tests under AML/CTF Act s36
4. No Liability
   1. Syntrico accepts no liability for fines, penalties, enforcement actions, or compliance failures resulting from use of AML Guardian.
   2. Clients indemnify Syntrico against claims arising from incorrect configuration, data input errors, or failure to follow platform workflows.
5. Data & Privacy
   1. All customer data processed through AML Guardian remains the property of the reporting entity.
   2. Syntrico complies with the Privacy Act 1988 (Cth) and Australian Privacy Principles.
   3. Data is hosted on secure Australian servers with enterprise-grade encryption.
6. Platform Limitations
   1. AML Guardian supports Tranche 2 compliance workflows but:
   2. Does not guarantee AUSTRAC acceptance of your program
   3. Requires client oversight of all screening results and decisions
   4. PEP/Sanctions/Adverse Media screening uses third-party data sources (accuracy not guaranteed 100%)
7. Legislative Changes
   1. AML/CTF rules and Tranche 2 reforms (effective 1 July 2026) are subject to change.
   2. Syntrico will update AML Guardian for known legislative changes but cannot predict future AUSTRAC guidance.
8. Contact AUSTRAC Directly
   Australian Transaction Reports and Analysis Centre (AUSTRAC) PO Box 5516 West Chatswood NSW 1515 Phone: 1300 021 037 Email: austrac@austrac.gov.au Website: www.austrac.gov.au

Last Updated: January 2026

Syntrico – Simplifying AML/CTF Compliance for Tranche 2 Professionals | Email: info@syntrico.com.au