AUSTRAC AML/CTF
AUSTRAC AML/CTF Compliance Software
Structure AML/CTF program obligations, controls, and evidence for reporting entities — without losing proof in inboxes.
AML/CTF programs generate ongoing evidence obligations
- Program obligations spread across policies and teams
- Evidence hard to assemble for AUSTRAC reviews
- Control testing records disconnected from obligations
- Manual tracking breaks down as the entity grows
Organise AML/CTF program compliance work
Program obligations
Map AML/CTF obligations with owners and schedules.
Control evidence
Attach documents to the controls they prove.
Policy management
Keep AML/CTF policies versioned and current.
Audit trail
Clear history of records and changes.
Task reminders
Recurring program tasks stay on schedule.
Reporting
Status visibility for compliance officers.
Scope: compliance organisation — not transaction monitoring
NovoCove helps reporting entities organise AML/CTF program obligations, policies, and evidence. It is not a transaction monitoring or AUSTRAC reporting submission tool. See austrac.gov.au for official AML/CTF guidance.
Frequently asked questions
Is NovoCove a transaction monitoring system?
No. NovoCove organises AML/CTF program obligations, policies, controls, and evidence. It does not monitor transactions or submit reports to AUSTRAC.
Does NovoCove guarantee AML/CTF compliance?
No. NovoCove helps you organise and track compliance activities but does not guarantee any regulatory outcome and is not a substitute for professional or legal advice. Responsibility for meeting obligations remains with your organisation.
Can NovoCove replace spreadsheets?
Yes. NovoCove gives you a structured place to record obligations, assign owners, set reminders, and attach evidence — reducing version confusion and missed updates as your team grows.
Related compliance solutions
Organise your AML/CTF compliance program
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