Australia’s Tranche 2 AML/CTF reforms will introduce new obligations for many professional services. This page outlines the key dates and what your business should prepare for.
Buyer's agents, seller's agents, and property developers
Law firms and solicitors providing designated legal services
Conveyancing and property transfer services
Accounting practices providing designated services
TCSPs providing structural and nominee services
Dealers in precious metals, stones and products
Understand the critical milestones for Tranche 2 compliance.
Government consultation completed and Tranche 2 reform framework finalised. AUSTRAC begins preparing guidance and materials.
AUSTRAC releases industry guidance, sample AML/CTF Program templates, and readiness materials to support affected professions.
The critical year for Tranche 2 compliance with three key milestones.
AUSTRAC increases compliance monitoring and begins audit. Ongoing non-compliance may result in penalties and regulatory action.
Our Platform automates the complex requirements of Tranche 2 compliance, so you can focus on running your business.
Don’t wait until the last minute. Start preparing your business for compliance today.
