What is Tranche 2 and
do you need to act?
Australia's AML/CTF laws just expanded to five new sectors. Plain English. No jargon.
Who we work with
For 20 years, businesses needing compliance help had three options. None of them worked particularly well.
Real estate agents
If you facilitate the buying or selling of real estate — residential or commercial — you are likely captured. You must enrol with AUSTRAC, conduct customer due diligence, monitor transactions, and maintain a written AML/CTF program.
Accountants & bookkeepers
The obligations apply to specific designated services. Services like managing client funds, forming companies, and SMSF administration are likely in scope. Book a free call — we'll confirm your position in 30 minutes.
Lawyers & conveyancers
Legal services involving property transactions, the formation or management of companies and trusts are captured. Conveyancers handling property settlements are almost certainly in scope.
Precious metals dealers
If you deal in gold, silver, platinum, or precious stones above certain thresholds, you are captured. Cash transaction reporting, customer verification, and a written AML/CTF program are all required.
Trust & company service providers
Businesses that form or manage companies, trusts, or similar structures on behalf of clients are captured. Includes registered agents, corporate trustees, and related service providers.
