iTWire Tuesday, 04 May 2021 13:19 AML tech startup First AML secures venture capital firm clients Shares First AML has launched in Australia after demand from venture capital firms. When reporting entities reach 100, 000 and AML compliance becomes mandatory for lawyers, accountants, and real estate agents across the country, the tech startup will offer regtech solutions to cater these numbers. Anti-money laundering tech startup First AML has launched in Australia after an increased demand from the growing VC (venture capital) community to cater solutions that will help them manage compliance requirements. The second tranche of AML (anti-money laundering) legislation is expected to hit Australia within the next two years, but First AML claims “it is already gaining traction in the market, with several of the country’s top venture capitalist firms using the platform.”