Flagship AML review
Full-scope Tranche 2 platform at $73.37/month including GST, bundling the Part A and B program with CDD, DVS identity verification, PEP, sanctions and watchlist screening, adverse media checks and digital client onboarding.
At a glance
- Pricing
- From A$73 · subscription — AUD $66.70/mo +GST ($73.37 incl. GST), or $880/yr incl. GST; a 15% extended launch price of $748/yr incl. GST ($680 +GST) runs until 31 Oct 2026, with the annual price guaranteed for 2 years (an earlier 30% launch discount to $616 ended 30 Jun 2026). Compliance Program Parts A and B included on the annual plan. Per-use fees on top: DVS identity verification $4.00 +GST per verification; ASIC Current Company Extract $15.00 +GST per search; adverse media checks beyond the 10 included each month $2.00 +GST ($2.20 incl. GST) per check, in packs of 5, 10 or 20; additional PEP/sanctions/watchlist screening credits at $16.50 incl. GST per pack of 30. Includes 30 complimentary combined PEP, sanctions and criminal watchlist screening checks per month (a single pool — each check covers all three categories), unlimited screening against Australia's official sanctions list, 10 adverse media checks per month, and fast digital client onboarding. Referral scheme: one free month per referred paying firm. Subscription, launch price, adverse media, onboarding and combined-pool screening source: flagshipaml.com.au/pricing, Sep 2026 (adverse media and onboarding also Confirmed in writing by Flagship AML (Dan Ward, co-founder), 24 Sep 2026; single combined pool for PEP/sanctions/watchlist also Confirmed in writing by Dan Ward, 26 Sep 2026, superseding our earlier July note); per-use DVS/ASIC fees: Confirmed in writing by Flagship AML (Dan Ward, co-founder), 19 Jul 2026.
- Sectors covered
- Legal practitioners, Accountants, Conveyancers, Real estate, Trust & company service providers
- Best for
- Small and mid-sized Tranche 2 firms across legal, accounting, conveyancing and property that want near-complete obligation coverage — program, risk assessment, CDD, screening, reporting, training and governance — in one cheap GST-inclusive subscription.
- Website
- https://flagshipaml.com.au
AUSTRAC obligation coverage
| Obligation | Coverage |
|---|---|
| AUSTRAC enrolment | Unverified |
| ML/TF risk assessment | Yes |
| AML/CTF program & policies | Yes |
| Initial customer due diligence | Yes |
| Ongoing CDD & monitoring | Yes |
| Suspicious matter reports | Yes |
| Threshold transaction reports | Yes |
| Record keeping | Yes |
| Staff training | Yes |
| Compliance officer & governance | Yes |
| Independent evaluation | Unverified |
“Unverified” means we haven't yet confirmed this with the vendor or in testing — why we show gaps.
Where it's strong
- One of the cheapest GST-inclusive subscriptions on the market with transparent pricing
- Near-complete obligation coverage: program, ML/TF risk assessment, CDD, DVS identity verification, PEP/sanctions/watchlist screening, SMR/TTR reporting, training and governance
- 30 complimentary combined PEP, sanctions and criminal watchlist screening checks per month (single pool, each check covers all three) plus 10 adverse media checks — generous at this price
- Fast digital client onboarding: secure onboarding forms that feed client details straight into KYC and identity verification
- Practical AML/CTF training via a Resource Centre plus a training register for records
- Beneficial ownership calculator and a structured Enhanced Due Diligence risk-review workflow
- Covers the full Tranche 2 range: legal, accounting, conveyancing, real estate, buyer's agents, TCSPs and dealers
Where it falls short
- Per-use fees sit on top of the subscription (DVS $4 +GST per verification, ASIC extract $15 +GST per search, adverse media checks beyond 10 a month $2 +GST each)
- Smaller, newer operation with a shorter public track record than the enterprise incumbents
Flagship AML is one of the cheapest genuinely complete platforms in this market: $73.37 a month including GST, bundling the compliance program (Parts A and B on the annual plan) with customer due diligence, DVS identity verification, PEP/sanctions/watchlist screening, adverse media checks, digital client onboarding, ML/TF risk assessment, SMR and TTR reporting workflows, staff training and governance. Once checks are counted it undercuts most of the market on total cost.
Correction, 20 July 2026: we originally marked Flagship's CDD, screening, reporting, training and governance as “Unverified” or “Partial”, and framed it as legal-and-accounting only, because none of it was documented on its public pages. Flagship's co-founder confirmed the full feature set and broader sector coverage in writing, and we've corrected this review, the coverage table and our sector guides accordingly. That's how corrections work here — facts change when better evidence arrives, and payment never enters into it.
Update, 26 September 2026: digital client onboarding, which we listed as in development, is now live, and the subscription now includes 10 adverse media checks a month. Both are on Flagship's own pricing page and were confirmed in writing by its co-founder on 24 September 2026.
Correction, 27 September 2026: we previously described the bundled screening as "30 PEP plus 30 watchlist screenings" a month — two separate 30-check pools. Flagship's co-founder confirmed in writing on 26 September 2026 that this is a single combined pool of 30 checks a month, with each check covering PEP, sanctions and criminal watchlists together. The review, the coverage table and the sector guides have been updated to reflect the single pool.
What $73 a month covers
The verified subscription: $73.37/month including GST, or $880/year including GST, with the compliance program (Parts A and B) on the annual plan. A 30% launch discount to $616/year ended on 30 June 2026; a 15% extended launch price of $748/year including GST now runs until 31 October 2026, with the annual price guaranteed for two years, so check which rate applies when you sign up.
What's inside, confirmed by the vendor (Confirmed in writing by Flagship AML (Dan Ward, co-founder), 20 Jul 2026): a structured firm-wide ML/TF risk assessment (impact and likelihood) with client-level assessments and documented methodology; AML/CTF program generation; KYC and customer due diligence; Australian Government DVS identity verification; PEP, sanctions and criminal watchlist screening; beneficial ownership identification (with a purpose-built calculator) and tracing; enhanced due diligence with a structured risk-review workflow; SMR and TTR reporting workflows; staff training via a Resource Centre plus a training register; and governance — role-based workflows, compliance-officer preparation, senior-manager approval, documented decisions and audit trails. Since then Flagship has added fast digital client onboarding (secure onboarding forms that feed client details into KYC and identity verification) and 10 adverse media checks a month (Source: flagshipaml.com.au/pricing, Sep 2026; confirmed in writing by Flagship AML (Dan Ward, co-founder), 24 Sep 2026). That is a materially fuller product than its public pages suggest.
What's included, and the per-use fees
Two costs sit on top of the subscription: DVS identity verification at $4.00 +GST per verification, and ASIC Current Company Extract searches at $15.00 +GST each. Screening is more generous — 30 complimentary combined PEP, sanctions and criminal watchlist screening checks a month, sold as a single pool where each check covers all three categories (extras are $16.50 including GST per pack of 30) — plus unlimited screening against Australia's official sanctions list and 10 adverse media checks a month (extras at $2.00 +GST or $2.20 including GST, in packs of 5, 10 or 20). Program, risk assessment, reporting, training and governance carry no per-use fee.
The arithmetic is where this gets interesting. Ten identity verifications a month costs roughly $117 including GST all-in ($73.37 + 10 × $4.40). The same ten checks cost about $417 on easyAML's Starter tier and $200 on FreeAML's pay-per-use (at its $20-a-check price, November 2026) — so Flagship becomes cheaper than even the no-subscription option at roughly five verifications a month, and you get the full program, reporting and training stack on top. For a firm doing regular client work, that's one of the best-value propositions we track.
The referral economics
The referral scheme gives one free month per referred paying firm. For a well-connected practitioner — a suburban accountant or conveyancer whose peers all face the same obligations — a handful of referrals meaningfully cuts the effective annual cost, and the transparent pricing makes the maths checkable rather than a sales pitch.
Don't buy on the referral upside alone; buy on whether the platform fits, and treat free months as a bonus.
Verdict
With the full feature set confirmed, Flagship AML is one of the most complete platforms in this database — program, ML/TF risk assessment, CDD, identity verification, PEP, sanctions and watchlist screening plus adverse media checks, digital client onboarding, SMR/TTR reporting workflows, staff training and governance, in a single GST-inclusive subscription under $75 a month, with per-check costs well below the market. Firms doing more than a handful of verifications a month should price it seriously against every alternative here.
The honest reservations left are about maturity, not capability: it's a smaller, newer operation than the enterprise incumbents, and the per-use DVS and ASIC fees sit on top of the subscription. For a small-to-mid firm wanting broad coverage cheaply, it's a strong pick. How we make money — and why a correction like this changes facts, never verdicts-for-payment.