Compliance Insights
Expert guides, updates, and practical advice for Australian businesses navigating Tranche 2.
AMLify Adds Automated Periodic Review Reminders for TCSPs
AMLify now automatically reminds TCSPs when a nominee arrangement or beneficial ownership record is due for its scheduled periodic review.
What AUSTRAC's First Real Estate Agency Reviews Are Finding
AUSTRAC's first post-deadline reviews of real estate agencies are surfacing the same gaps: incomplete CDD, no real programme, unverified ownership.
Record-Keeping Obligations for Accounting Firms
What accountants must keep on file under the AML/CTF Act 2006: CDD evidence, risk assessments, SMR decisions, and how long to retain each record.
Four Weeks Into Tranche 2: Where Law Firms Are Slipping
One month after the Tranche 2 deadline, the same three gaps keep showing up in Australian law firms. Here's what to fix first.
CDD for Precious Metals and Stones Dealers Under Tranche 2
What customer due diligence precious metals and stones dealers must run under the AML/CTF Act, from ID checks to source-of-funds.
Beneficial Ownership Obligations for TCSPs Under Tranche 2
AMLify explains what TCSPs must verify, record and re-check about beneficial owners now that Tranche 2 AML/CTF obligations are in force.
AMLify's EDD Workflow for Real Estate Agents
AMLify triggers enhanced due diligence automatically for high-risk property buyers, capturing source-of-wealth evidence and AMLCO sign-off in one workflow.
AMLify's Sanctions & PEP Screening for Accounting Firms
AMLify screens every accounting client against sanctions and PEP lists automatically, flagging risk before AUSTRAC does. Here is how the feature works.
What AUSTRAC's Early Law Firm Reviews Are Finding
Three weeks after the Tranche 2 deadline, AUSTRAC's first law firm compliance checks are surfacing the same gaps. Here is what reviewers are flagging.
ML/TF Risk Assessments for Precious Metals Dealers
AUSTRAC expects precious metals and stones dealers to document ML/TF risk under Tranche 2. Here is what a defensible assessment must cover.
What AUSTRAC's First TCSP Compliance Reviews Look Like
The Tranche 2 deadline has passed. Here's what to expect if AUSTRAC opens a compliance review of your trust and company service provider.
AUSTRAC Enrolment for Real Estate Agents: 2026 Guide
Real estate agents must enrol with AUSTRAC under Tranche 2. What enrolment involves, and what to do if you've already missed the deadline.
What the Tranche 2 Deadline Passing Means for Accountants
The Tranche 2 deadline has passed. Here's what AUSTRAC expects from accounting firms now, and how to close compliance gaps fast.
AMLify's Source-of-Funds Checks for Conveyancing Lawyers
AMLify now automates source-of-funds verification for conveyancing matters, helping Australian law firms document fund origin at settlement.
AMLify's Supplier Due Diligence for Precious Metals Dealers
AMLify now screens suppliers and refiners for precious metals and stones dealers, extending AML/CTF due diligence beyond the retail counter.
What the Tranche 2 Deadline Passing Means for TCSPs
The Tranche 2 deadline has passed. Here's what AUSTRAC expects from trust and company service providers now, and how to close the gap fast.
Record-Keeping for Real Estate Agents Under Tranche 2
Real estate agents must retain CDD, transaction, and AML/CTF programme records for seven years under Tranche 2. Here's what AUSTRAC expects.
Why Accounting Firms Are AUSTRAC's Next Enforcement Target
Tranche 2 is now law and AUSTRAC's supervisory focus is shifting to accountants. Here's why the sector is a target and how to cut enforcement risk.
Record-Keeping Obligations for Law Firms Under Tranche 2
Law firms must retain CDD, transaction, and AML/CTF programme records for seven years under Tranche 2. Here is what AUSTRAC expects and how long.
AUSTRAC Enrolment for Precious Metals and Stones Dealers
Tranche 2 commenced 1 July 2026. If your precious metals or stones business hasn't enrolled with AUSTRAC yet, here's how to fix that now.
AMLify's Compliance Tools for Real Estate Agents
AMLify keeps Australian real estate agents audit-ready after Tranche 2 with automated CDD, re-screening, and AUSTRAC reporting workflows.
AML Red Flags Australian Accountants Must Recognise
Australian accounting firms face distinct money laundering risks. Here are the red flags to recognise and document under the AML/CTF Act 2006.
Ongoing Monitoring Obligations for Law Firms
Australian law firms must apply ongoing monitoring to designated service clients under the AML/CTF Act 2006. Here is what the obligation requires.
AML Red Flags for Precious Metals and Stones Dealers
Know which client and transaction patterns to scrutinise. The key AML red flags Australian precious metals and stones dealers must recognise.
Staff Training Obligations for TCSPs Under Tranche 2
Australian TCSPs must maintain an AML/CTF staff training programme under Part A of their compliance programme. Here is what the obligation requires.
CDD Obligations for Real Estate Agents Under Tranche 2
From 1 July 2026, real estate agents must verify buyer identity and map beneficial ownership under the AML/CTF Act. Here is what CDD requires.
AMLify's Ongoing Compliance Tools for Accounting Firms
AMLify keeps Australian accounting firms audit-ready after Tranche 2 with automated re-screening, programme version control, and AUSTRAC reporting workflows.
Suspicious Matter Reporting for Real Estate Agents
From 1 July 2026, real estate agents must report suspicious matters to AUSTRAC. Here's what triggers an SMR and how to submit one.
AMLify's Audit Readiness Features for Law Firms
How AMLify's audit log, record-keeping, and programme review tools help Australian law firms prepare for AUSTRAC supervision under Tranche 2.
Record-Keeping Obligations for TCSPs Under Tranche 2
Australian TCSPs must retain AML/CTF records for seven years under Tranche 2. Here is what to keep, how long, and what happens if you cannot produce them.
Tranche 2 Compliance Checklist for Accountants
The Tranche 2 AML/CTF deadline is 1 July 2026 — one day away. A last-day compliance checklist for Australian accounting firms.
Tranche 2 Compliance Checklist for Australian Law Firms
Tranche 2 commenced on 1 July 2026. A last-minute compliance checklist for Australian law firms.
Tranche 2 for Law Firms: What You Must Have in Place
Tranche 2 commenced on 1 July 2026. Here is what Australian law firms must have in place now that AML/CTF obligations are in force.
AUSTRAC Enrolment for Australian Law Firms: 2026 Guide
Australian law firms must enrol with AUSTRAC before the 1 July 2026 Tranche 2 deadline. A step-by-step guide for legal practices.
AUSTRAC Enrolment for TCSPs: What's Required
Australian trust and company service providers must be enrolled with AUSTRAC under Tranche 2, which commenced on 1 July 2026. Here's what enrolment involves.
How AMLify Sets Up Real Estate Compliance in 30 Minutes
A guided walkthrough of AMLify's real estate compliance module — from business profile to AUSTRAC enrolment checklist, set up in under 30 minutes.
Suspicious Matter Reporting for Precious Metals Dealers
How Australian precious metals and stones dealers identify, assess, and lodge suspicious matter reports with AUSTRAC from 1 July 2026.
AUSTRAC Enrolment for Law Firms Under Tranche 2
Australian law firms must be enrolled with AUSTRAC under Tranche 2, which commenced on 1 July 2026. Here's what the process involves, who must enrol, and what's needed.
AMLify's Staff Training Module for Accounting Firms
AMLify's staff training module helps accounting firms meet their AML/CTF training obligations with tracked records for Tranche 2 (in force from 1 July 2026).
Why TCSPs Are High-Risk Under Australia's AML/CTF Laws
AUSTRAC treats trust and company service providers as a high-risk Tranche 2 sector. Here's why — and what it means for your AML/CTF obligations.
Customer Due Diligence for Law Firms: 2026 Guide
What Australian law firms must do to satisfy CDD obligations under the Tranche 2 AML/CTF Act 2006 reforms from 1 July 2026.
Why Your CRM's KYC Isn't Enough for Tranche 2 AML
Legal CRMs like LEAP streamline client onboarding, but their KYC features don't meet full Tranche 2 AML/CTF obligations. Here's what they miss.
AMLify for TCSPs: New Features Before 1 July
AMLify's TCSP module covers layered beneficial ownership mapping, nominee controls, EDD workflows, and a guided programme builder — ready for 1 July 2026.
AMLify for Accountants: New Features Before 1 July
AMLify's accountants module covers beneficial ownership mapping, trust account monitoring, and a guided programme builder — ready for 1 July 2026.
Best AML/CTF Compliance Software for Australian Tranche 2 Businesses (2026)
A practical buyer's guide to choosing AML/CTF compliance software ahead of the 1 July 2026 Tranche 2 deadline — the criteria that matter, the types of tools available, and which fits Australian accountants, lawyers, real estate agents, dealers, and TCSPs.
Appointing an AML/CTF Compliance Officer (AMLCO): 2026 Guide
Every Australian Tranche 2 business must appoint an AML/CTF Compliance Officer before 1 July 2026. Here is who can hold the role, what they are responsible for, and how to document the appointment.
AUSTRAC Enrolment for Accounting Firms: Step-by-Step
Now that Tranche 2 has commenced, Australian accounting firms providing designated services must enrol with AUSTRAC. Here is a step-by-step guide.
AMLify for Real Estate: New Features Before 1 July
AMLify's real estate module covers buyer and seller CDD, third-party payment controls, and a guided programme builder — ready for 1 July 2026.
ML/TF Risk Assessment for Australian Law Firms
Australian law firms must complete an ML/TF risk assessment before 1 July 2026. Here is what to assess, document, and how AMLify helps.
AML/CTF Programme for Trust & Company Service Providers
Every Australian TCSP must have a written AML/CTF Programme before 1 July 2026. Here is what Part A and Part B must contain and how to get approved.
Threshold Transaction Reporting for Precious Metals Dealers
Precious metals dealers must report every $10,000 cash transaction to AUSTRAC within 10 business days under Tranche 2. Here is how threshold reporting works.
AML/CTF Programme for Real Estate Agents: 2026 Guide
Now that Tranche 2 has commenced, real estate agents need an approved AML/CTF Programme. Here is what Part A and Part B must contain.
AUSTRAC Enrolment for Accounting Firms: A 2026 Guide
Australian accounting firms must enrol with AUSTRAC before providing designated services from 1 July 2026. What enrolment involves and what to prepare first.
Ongoing Monitoring Obligations for TCSPs: 2026 Guide
Ongoing monitoring is a continuous obligation for TCSPs under Tranche 2. Now that Tranche 2 has commenced, here is what AUSTRAC expects from your workflow.
AML/CTF Ongoing Monitoring for Accounting Firms
Australian accounting firms must monitor existing clients on an ongoing basis under Tranche 2. Here's what the obligation requires and how to meet it.
How AMLify Handles Cash Reports for Precious Metals Dealers
AMLify automates cash transaction reports (CTRs) for precious metals and stones dealers — from detection to AUSTRAC lodgement.
AML/CTF Programme for Accounting Firms: 2026 Guide
Now that Tranche 2 has commenced, accounting firms must have a written, approved AML/CTF Programme. Here is what Part A and Part B must contain.
AML/CTF Programme for Australian Law Firms: 2026 Guide
Now that Tranche 2 has commenced, Australian law firms must have a Part A and Part B AML/CTF Programme in place. Here is what it must contain.
Suspicious Matter Reporting for Australian Lawyers
How Australian law firms must identify, report, and document suspicious matters under Tranche 2 AML/CTF reforms from 1 July 2026.
ML/TF Risk Assessment for TCSPs: A 2026 Guide
Tranche 2 has now commenced for TCSPs. Here is what AUSTRAC expects from your ML/TF risk assessment and how to build a defensible methodology before 1 July 2026.
Xero vs QuickBooks vs MYOB for AML/CTF Compliance: A 2026 Reality Check
Many Australian accountants assume Xero, QuickBooks Online, or MYOB will handle their Tranche 2 AML/CTF obligations from 1 July 2026. A side-by-side look at what each platform actually covers — and the gaps every firm still has to fill.
Does Xero Handle AML/CTF Compliance? What the App Store Add-Ons Actually Cover
Xero is the operational backbone of most Australian accounting practices — but does it cover AML/CTF obligations from 1 July 2026? A clear-eyed look at what the App Store integrations do, and the seven obligations they don't touch.
Does QuickBooks Online Handle AML/CTF Compliance for Australian Accountants?
QuickBooks Online is competitive accounting software, but it isn't an AML/CTF compliance product. A practical breakdown of what QuickBooks covers, what integrations exist, and where Australian firms still need a dedicated solution before 1 July 2026.
Does MYOB Handle AML/CTF Compliance? What MYOB Practice Covers Under Tranche 2
MYOB AccountRight, MYOB Business, and MYOB Practice are deeply embedded in many Australian firms. With Tranche 2 effective 1 July 2026, does MYOB cover the AML/CTF obligations? A practical look at what the platform does, what it doesn't, and how to close the gap.
Beyond Xero, QuickBooks, and MYOB: The Seven AML/CTF Obligations Your Accounting Software Doesn't Cover
Identity verification is one slice of one obligation. A complete walkthrough of the seven AML/CTF obligations every Australian accounting firm faces from 1 July 2026 — and why no accounting platform, by itself, meets them.
Beneficial Ownership in Real Estate: A 2026 Agent's Guide
Real estate agents must verify beneficial owners of companies and trusts under Tranche 2. Here's the step-by-step process before 1 July 2026.
Which Accounting Services Trigger Tranche 2?
Not all accounting work triggers Tranche 2 AML obligations. Find out exactly which services are caught under the AML/CTF Act 2006 before 1 July 2026.
Customer Due Diligence for Accounting Firms: A 2026 Guide
How does customer due diligence work for accounting firms under Tranche 2? A practical guide to CDD steps, EDD triggers, and timing rules before 1 July 2026.
AMLify's New TCSP Module: Built for 1 July 2026
AMLify has launched a dedicated compliance module for trust and company service providers, with beneficial ownership mapping, CDD workflows, and SMR tools.
Third-Party Payments in Real Estate: AML Obligations
Third-party payments are a leading money laundering red flag in property. Here's what Australian real estate agents must do under Tranche 2.
Suspicious Matter Reporting for Accountants: 2026 Guide
How Australian accountants must identify, report, and document suspicious matters under the Tranche 2 AML/CTF reforms from 1 July 2026.
Which Legal Services Trigger Tranche 2 AML Obligations?
Not all legal work is caught by Tranche 2. Discover which services trigger AML/CTF obligations for Australian law firms and what you must do next.
Record-Keeping for Precious Metals Dealers: 2026 Guide
Precious metals and stones dealers face strict AML/CTF record-keeping obligations from 1 July 2026. Here's what to keep, for how long, and in what format.
Enhanced Due Diligence for TCSPs: A 2026 Guide
Trust and company service providers must apply ECDD for high-risk clients. Learn the triggers, process, and record-keeping rules before 1 July 2026.
KYC for Precious Metals & Stones Dealers in 2026
From 1 July 2026, precious metals and stones dealers must verify customer identity for designated transactions. Here's what KYC looks like in practice.
AML Programme Guide for Precious Metals Dealers
Precious metals and stones dealers face strict AML/CTF obligations from 1 July 2026. Here's what your compliance programme must include.
Suspicious Matter Reporting for TCSPs: The 2026 Guide
TCSPs become reporting entities on 1 July 2026. Learn what triggers an SMR, how the tipping-off rule works, and how to build a compliant process.
Nominee Services and AML Risk: A TCSP Guide
TCSPs providing nominee or corporate formation services face unique AML/CTF exposure. Understand the red flags and your obligations before 1 July 2026.
AML Red Flags in Real Estate: What Agents Must Know
Discover the money laundering red flags Australian real estate agents must recognise and report under the Tranche 2 reforms taking effect 1 July 2026.
AML/CTF Risk Assessment for Accounting Firms
Now that Tranche 2 has commenced, accounting firms need a written AML/CTF risk assessment. Here's how to build one step by step.
AMLify for Law Firms: Built for the Tranche 2 Deadline
AMLify now includes features built specifically for Australian law firms facing the 1 July 2026 Tranche 2 deadline.
New AMLify Features for Precious Metals Dealers
AMLify has released compliance tools purpose-built for dealers in precious stones and metals, ahead of the 1 July 2026 Tranche 2 deadline.
Trust & Company Service Providers: Your Tranche 2 Playbook
Trust and company service providers face Tranche 2's toughest AML/CTF obligations. Here's what applies to your firm and how to comply before 1 July 2026.
AML/CTF for Real Estate Agents: The 2026 Guide
Real estate agents face new AML/CTF obligations from 1 July 2026. Learn what Tranche 2 means for your agency and how to comply before the deadline.
Beneficial Ownership: A Practical Guide for Accountants
Tranche 2 requires accountants to identify and verify beneficial owners of client entities. Here's what that means for your firm in practice.
Tranche 2 for Accountants: Your 70-Day Action Plan
Tranche 2 obligations began on 1 July 2026. Here is a practical roadmap to get your firm compliant in time.
What Is Tranche 2? A Plain-English Guide for Australian Businesses
Tranche 2 extends AML/CTF obligations to lawyers, accountants, real estate agents, and more. Here is what it means for your business and what you need to do before 1 July 2026.
AML/CTF Compliance Checklist for Lawyers in 2026
A practical checklist for Australian legal practitioners preparing for Tranche 2 AML/CTF obligations. What you need to have in place before 1 July 2026.
How AI Is Transforming Anti-Money Laundering Compliance
Traditional AML compliance is expensive, slow, and error-prone. AI is changing everything — from program generation to suspicious activity detection.
Understanding Customer Due Diligence Under Tranche 2
CDD is the cornerstone of AML/CTF compliance. Learn what Tranche 2 requires for customer identification, verification, and ongoing monitoring.
The Real Cost of Non-Compliance: AUSTRAC Penalties Explained
AUSTRAC has the power to impose severe penalties for AML/CTF non-compliance. Understanding the risks helps justify your investment in compliance.
Meet Ami: How Our AI Copilot Makes Compliance Painless
Ami is the AI assistant at the heart of AMLify. Learn how it generates programs, answers questions, and automates the compliance tasks that used to take days.
AML/CTF compliance for Australian DNFBPs — 25 questions, answered
The canonical answers to the questions a sole practitioner, a small-firm partner, an accountant, and a real-estate principal actually ask in their first month with AMLify. Cited to the Act, written for humans.