Skip to main content

Your Tranche 2 AML 
& CTF obligations explained

New Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) obligations are being introduced in 2026 to help protect against financial crime within the real estate industry. Here’s what it means for you. 

Book a demo
PEXA Clear

AML & CTF compliance regulations

The Australian Government is expanding the role of the real estate industry in identifying potential criminal activity such as money laundering through buying and selling property. The new measures build on the existing AML screening measures used by financial institutions, to ensure property sales outside the banking system, including cash sales, don’t slip through.

From July 1, 2026, all Tranche 2 entities including real estate professionals like agents, brokers, lawyers and conveyancers will need to complete AML & CTF compliance measures to protect their business and their staff. The goal is to identify high-risk transactions and report them to AUSTRAC to investigate. 

Key AML / CTF obligations

High-level obligations for every real estate professional include:

  • Register with AUSTRAC from 31st March
  • Enrol in an AML/CTF program tailored to your business by July 1, 2026
  • Complete staff training and nominate a compliance officer
  • Conduct ongoing customer due diligence for all property sales from July 1, 2026, including verifying beneficial owners
  • Report beneficiaries or transactions identified as suspicious or high-risk
  • Maintain ongoing records 

What is AML & CTF? 

Anti-Money Laundering and Counter-Terrorism Financing regulations. These measures are aimed at preventing criminal and terrorist groups from using property transactions to launder money or fund terrorist activities.

What are Tranche 2 regulations? 

The new CTF and AML compliance regulations apply to all Tranche 2 businesses and professions including real estate agents, buyers’ agents, brokers, lawyers, conveyancers and property developers. 

What does AML compliance mean for my business?

Everyone who works in a Tranche 2 profession will need to meet the obligations before July 1, 2026, including registering your business with AUSTRAC and enrolling in an AML/CTF program. PEXA Clear has been built by digital property transaction experts PEXA Group to provide advanced AML and CTF support for the property industry. 

Info for Real Estate Agents Info for Lawyers & Conveyancers

What should I look for in an AML solution?

Your AML/CTF compliance solution should be simple, efficient and easy to use for your team, while protecting your client relationships. You want an AML tool from a trusted tech provider that provides fast and accurate checks while keeping your business moving. PEXA Clear is a reliable, all-in-one solution from the digital property transaction innovators, PEXA. Find out more about PEXA Clear and how it works to protect your clients and business below. 

How PEXA Clear works

Where can I find out more?

Where can I find out more?

Get all your AML/CTF questions answered in our in-depth FAQs section, covering many of the most commonly asked questions about your Tranche 2 obligations. 

FAQs