As Australia strengthens its financial system, reporting entities face unprecedented regulatory scrutiny. Meeting AUSTRAC expectations is no longer just about avoiding penalties; it is about protecting your reputation and securing your license to operate.
At NAVGO, we do not believe in boilerplate templates or confusing compliance jargon. We deliver practical frameworks tailored specifically to your business workflows.
Below is our comprehensive suite of specialized AML/CTF services engineered to ensure your business governs with absolute confidence.
Entering the regulatory perimeter requires absolute accuracy from day one. We manage your formal onboarding with the regulator to ensure your business is correctly categorized and registered without operational delays.
Designated Services Review: We analyse your exact commercial activities to pinpoint which specific designated services trigger your obligations under the AML/CTF Act.
Application Preparation and Submission: We compile, verify, and submit your formal enrolment or registration application directly through the AUSTRAC Online portal.
Regulator Liaison: We act as your technical point of contact, managing any formal requests for further information or clarification from AUSTRAC officials.
We architect an outcome-focused, integrated compliance program designed to fit into your existing business systems rather than disrupt them.
AML Policy: We design your overarching governance architecture, including clear reporting lines, board oversight mechanisms, and employee due diligence systems.
Customer Due Diligence Procedures: We draft practical Know Your Customer (KYC) and Ultimate Beneficial Ownership (UBO) procedures to seamlessly verify individuals, corporate entities, and complex trust structures.
AML Governing Body & AML Compliance Officer: Help set the AML governing body or equivalent within your organisation to make decisions on AML Compliance and Risk Management.
You cannot mitigate threats you have not quantified. We establish an objective, auditable methodology to identify and score your specific risk exposure.
Inherent Risk Profiling: We evaluate the raw vulnerabilities of your customer types, delivery channels, product offerings, and geographic footprint against AUSTRAC National Risk Assessments.
Control Effectiveness Mapping: We stress-test your existing operational mitigants to determine how effectively they neutralize financial crime threats.
Residual Risk Reporting: We produce a clear, data-driven report for you, your executive team or board, providing a transparent audit trail for regular governance reviews.
Identifying unusual activity requires smart, risk-based oversight. We design monitoring methodologies & systems that protect your business without creating administrative bottlenecks.
Rule Architecture & Calibration: We develop tailored transaction monitoring rules based on the specific typologies, red flags, and risk profiles relevant to your industry sector.
Alert Triage Workflows: We set up clear, step-by-step procedures for your staff to investigate, escalate, or clear system-generated transaction alerts safely.
Look-Back Analysis: We conduct historical ledger reviews when systemic vulnerabilities or new transaction patterns are discovered to ensure no suspicious activity was missed.
Global compliance demands zero tolerance for sanctioned individuals or entities. We integrate robust screening mechanisms directly into your client onboarding pipelines.
System Integration and Logic Tuning: We help configure your screening engines, optimizing fuzzy matching logic to minimize false positives while catching true matches.
PEP and Sanctions Matching: We establish automated checks against Australian and international sanctions lists, as well as Politically Exposed Persons (PEP) databases.
High-Risk Nexus Resolution: We draft clear escalation pathways to handle potential matches safely, preventing accidental breaches or prohibited financial transactions.
A compliance program is only as effective as the people running it. We deliver practical, engaging training that builds an authentic culture of compliance.
General Awareness Training: We educate your broader team on the fundamentals of money laundering, terrorism financing, and their specific legal obligations.
Role-Based Technical Training: We provide targeted instruction for high-exposure teams, such as onboarding staff, legal professionals, and your compliance team.
Regulatory Update Briefings: We host focused sessions to keep your executive leadership and board informed of shifting AUSTRAC expectations and legislative updates.
Regulatory environments evolve, and your business will grow. We provide continuous strategic support to ensure your compliance framework scales alongside you.
Regulatory Change Management: We proactively monitor the legislative landscape to update your internal policies before new laws take effect.
New Product & Channel Advisory: We conduct risk assessments on new services, technologies, or target markets before you launch them to ensure compliance from the start.
AUSTRAC Audit and Notice Support: We offer expert guidance and hands-on support if your business receives a compliance assessment, review notice, or section 167 request from the regulator.
To maintain regulatory compliance, your framework must undergo periodic, objective testing. We deliver robust evaluations that prove your program works effectively in practice.
Pre-Audit Health Checks: We proactively review your documentation and operational workflows to identify and fix compliance gaps before a formal audit occurs.
Comprehensive Effectiveness Testing: We conduct strict independent reviews of both the design and operational effectiveness of your AML/CTF Program as required by the AML/CTF Rules.
Board-Ready Evaluation Reports: We deliver definitive, executive-grade reports detailing our findings, providing clear evidence of your ongoing compliance to your leadership team and auditors
To maintain regulatory compliance, your framework must undergo periodic, objective testing. We deliver robust evaluations that prove your program works effectively in practice.
Pre-Audit Health Checks: We proactively review your documentation and operational workflows to identify and fix compliance gaps before a formal audit occurs.
Comprehensive Effectiveness Testing: We conduct strict independent reviews of both the design and operational effectiveness of your AML/CTF Program as required by the AML/CTF Rules.
Board-Ready Evaluation Reports: We deliver definitive, executive-grade reports detailing our findings, providing clear evidence of your ongoing compliance to your leadership team and auditors.
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