AUSTRAC Tranche 2 Entities | Ensure Compliance Now — Get Expert Assistance

AML/CTF Tranche 2 Readiness

Supporting Tranche 2 entities through Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) compliance with clarity and confidence

Australia’s AML/CTF reforms are being rolled out in stages, bringing a wide range of professional service providers into the regulatory regime for the first time.

From 1 July 2026, newly regulated entities, including Accountant, Lawyer, Real Estate Agent, and other professional service providers, will become reporting entities under the AML/CTF Act, with AUSTRAC enrolment opening from 31 March 2026.

Don’t leave compliance to the last minute.

You may be captured under the new AML/CTF regime if your business:

Provides company or trust formation services
Assists with structuring or transactions
Manages or handles client funds
Offers services that facilitate financial or corporate activities

Many professional service providers will now be considered “gatekeepers” to the financial system

31 March 2026
AUSTRAC enrolment opening

1 July 2026
Full AML/CTF compliance required

Now
Start preparing your AML framework

You need to prepare:

A new compliance regime and role allocation
Mandatory enrolment with AUSTRAC
A documented, risk-based AML/CTF Program
Defined roles and responsibilities within your business
Customer due diligence, ongoing monitoring and reporting
Employee due diligence and training
And more…

Action Now

How we can help

We support Tranche 2 entities through every stage of their compliance journey from Uncertainty, to Compliance, to Confidence.

A well-designed AML/CTF Program is the foundation of an effective compliance framework under the new regime.
We develop tailored, regulator-aligned Programs that are practical, scalable, and fit for purpose — not generic templates.
Each Program is built to reflect your business operations and risk profile, and typically includes:
- Business-specific ML/TF risk assessment
- Customer due diligence and verification frameworks
- Ongoing monitoring and transaction review methodologies
- Employee screening, awareness, and training structures
- Governance, reporting, and independent assurance mechanisms
AUSTRAC expects Programs to be living, operational frameworks, not off-the-shelf templates.
We help you clearly understand your exposure to money laundering and terrorism financing risks, and identify gaps against regulatory requirements.
You will receive a practical roadmap outlining what needs to be addressed and where to prioritise.
We design and implement practical onboarding and verification processes that integrate seamlessly into your existing workflows, ensuring compliance without slowing down your business.
We deliver clear, practical, and role-specific training tailored for professional service teams, ensuring your staff understand their obligations and can apply them confidently in real scenarios.
Compliance doesn’t stop at implementation.
We provide ongoing support to help you stay compliant as obligations evolve, including updates, reviews, and continuous improvement of your AML framework.
- Transaction Monitoring & Suspicious Matter Reporting (SMR)
- Enhanced Due Diligence (EDD)
- Record Keeping Obligations
- Independent Reviews of AML/CTF Programs
- Ongoing Customer Risk Profiling
- Sanctions & Politically Exposed Persons (PEPs) Screening
- Regulatory Reporting & AUSTRAC Engagement
- Governance & Board Oversight
- Policy & Procedure Maintenance

Intermediate Service

Included

Initial Consultation

Brainstorming Session

Collaborative Planning

Customized Deliverables

Multiple Feedback Rounds

Actionable Recommendations

Post-Project Support

Advanced Service

Included