As Australia prepares for the expansion of the AML/CTF regime to Tranche 2 entities, Christopher Frankish played a leading role at AML Edge 2025 (2nd Edition) — the nation’s premier conference dedicated to helping newly regulated industries prepare for AUSTRAC’s upcoming reforms.
Across both the Accounting Track panel and interactive Roundtable Sessions, Christopher shared practical insights drawn from years of advising regulated organisations on AML program design, risk assessment frameworks and compliance implementation strategies.
His contribution throughout the day focused on one central objective: helping businesses move from regulatory theory to operational reality.
Accounting Track Panel: Practical Steps for Building Robust AML Programs
Midday, Christopher joined Sachin Patel, Senior Principal at IBM Promontory, on the Accounting Track panel titled:
Practical Steps, Common Risk Factors and Building a Robust AML/CTF Program
The 35-minute session addressed the immediate challenges facing accounting and advisory firms entering the AML/CTF regime under the amended legislation.
Christopher and Sachin provided guidance on:
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Re-assessing long-standing client relationships under new onboarding requirements, including ongoing customer due diligence and dynamic risk profiling
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Identifying high-risk client and service indicators emerging for accounting firms under Tranche 2 reforms
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Understanding what client and transaction data must be collected, how this data can be integrated into existing practice management platforms, and how technology can streamline compliance workflows
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Defining what a robust AML/CTF program looks like in practice, and which internal processes firms should begin updating now
Drawing on his regulatory advisory experience, Christopher emphasised that successful AML implementation requires frameworks that are risk-based, scalable and commercially practical, rather than compliance systems that add unnecessary operational complexity.
Roundtable Leadership: Risk Assessment & AML Program Design
In addition to the Accounting Track panel, Christopher facilitated two high-engagement roundtable sessions focused on core Tranche 2 implementation priorities.
Designing Practical Risk Assessments and AML/CTF Programs
During the roundtable on How to Conduct a Practical Risk Assessment and Design Your AML/CTF Program, Christopher explored how businesses can build living risk assessment frameworks that evolve alongside operational changes.
Key themes included:
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Translating AUSTRAC guidance into workable risk assessment methodologies
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Identifying risk across clients, services, delivery channels and jurisdictions
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Linking risk assessment outcomes directly to AML program controls
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Creating documentation that supports audit readiness and regulatory engagement
- Avoiding one-size-fits-all compliance process
Christopher reinforced that risk assessments should not be static compliance documents, but operational tools that actively guide compliance decision-making.
A Trusted Voice on AML & CTF Compliance
Christopher Frankish is recognised for his ability to translate complex regulatory frameworks into practical business solutions.
His experience spans:
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AML/CTF program design and remediation projects
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Risk assessment methodology development
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Regulatory investigations and compliance uplift initiatives
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Advising boards and senior leadership teams on regulatory change
This combination of technical depth and commercial understanding positions Christopher as a trusted adviser for businesses navigating the transition into the Tranche 2 AML/CTF regime.
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Supporting Businesses Ahead of the July 2026 Deadline
With the July 2026 AML/CTF commencement date approaching, Christopher continues to work with professional services firms, financial institutions and emerging regulated sectors to help them:
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Design compliant AML/CTF frameworks
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Build scalable risk assessment models
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Prepare onboarding and ongoing monitoring processes
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Select fit-for-purpose compliance technology
His participation at AML Edge 2025 reinforces his ongoing role in helping Australian businesses prepare confidently for regulatory change.
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Speak With Christopher Frankish
If your business will be impacted by the Tranche 2 AML/CTF reforms and you would like practical guidance on risk assessment, AML program design or compliance readiness:
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