AML/CTF Tranche 2
What is Tranche 2?
Tranche 2 is the long-awaited expansion of Australia’s AML/CTF laws. Previously, only banks, casinos, remitters, and gambling sectors were regulated. From 2026, “designated non-financial businesses and professions” (DNFBPs) will face obligations including:
- Customer Due Diligence (CDD)
- Transaction monitoring
- Suspicious Matter Reporting
- AUSTRAC enrolment
- Record-keeping for 7 years
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Ensure Continuous AML Compliance and Adapt to Regulatory Changes
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Is Your Firm AML/CTF Tranche 2 Ready?
Understanding Tranche 2 AML/CTF Obligations
Tranche 2 compliance is not a one-time exercise. It requires ongoing monitoring, adapting internal processes, and applying expert guidance to meet AUSTRAC’s expectations. With new obligations for real estate, lawyers, accountants, and virtual asset providers, staying compliant is a continuous commitment.
The Importance of Proactive Tranche 2 Preparation
Waiting until deadlines approach is risky. By acting early, you reduce the risk of non-compliance penalties, reputational damage, and AUSTRAC scrutiny. Proactive compliance ensures you are always prepared for regulatory changes, with systems and staff trained ahead of July 2026.
Why Choose AML House for Tranche 2 Compliance
AML House provides peace of mind through specialist AML/CTF expertise. Our team delivers proactive regulatory updates, tailored Tranche 2 compliance programs, and practical support for your industry. With us, your business can maintain robust compliance and thrive under the new AML/CTF regime.
Our Proactive Approach to Supporting Your Tranche 2 AML/CTF Compliance
At AML House, we deliver proactive, ongoing support to ensure your Tranche 2 AML/CTF compliance framework is robust, adaptable, and future-proof. Our approach is designed to keep you informed, prepared, and fully compliant with AUSTRAC’s new Tranche 2 requirements across real estate, legal, accounting, conveyancing, and virtual asset sectors.
Up to
Reduction in
Compliance Breaches
Up to
Improvement in Internal Compliance Audit Scores
Step 1: Proactive Updates & Insights
We provide timely, relevant updates and insights on Tranche 2, including:
Alerts on upcoming AUSTRAC Tranche 2 regulatory changes
Summaries of new AML/CTF rules and guidance
Analysis of practical impacts for your sector
Recommendations for updating your compliance program
Step 2: Step 2: Tailored Tranche 2 Compliance Guidance
Every business faces unique AML/CTF risks under Tranche 2. We provide:
Prompt answers to compliance queries
Advice on complex AUSTRAC interpretations
Support with policies, procedures, and documentation
Bespoke compliance solutions for your industry challenges
Step 3: Ongoing Program Review & Enhancement
Compliance is not static. We ensure your AML/CTF framework evolves with regulations by:
Conducting regular program reviews
Identifying areas for improvement and enhancement
Assisting with implementation of best practices
Preparing you for audits, inspections, and AUSTRAC reviews
Step 4: Compliance Technology & Automation
We give you access to tools that simplify and strengthen Tranche 2 compliance:
Streamlined AML management for efficiency and effectiveness
A centralised compliance platform for reporting and oversight
Automated CDD and transaction monitoring to reduce manual work
Error minimisation and stronger audit readiness
Future-ready solutions designed for Tranche 2 obligations
Get Your Free Initial Consultation
Request a Free Consultation with one of our experienced AML Lawyers today.
Tranche 2 AML/CTF Reforms — Coming July 2026
Australia’s AML/CTF regime is expanding. Real estate agents, lawyers, accountants, conveyancers, and virtual asset providers will soon fall under AUSTRAC regulation. AML House helps you prepare now — so you’re compliant, confident, and audit-ready.
Is Your Tranche 2 Compliance On Track?
Waiting until 2026 is risky. Non-compliance could result in AUSTRAC enforcement, financial penalties, and reputational damage. Early preparation minimises risk and builds trust.
Expert Compliance Helpline
Direct access to our AML experts for prompt answers to your compliance questions, providing clarity and guidance when you need it most.
Policy & Procedure Maintenance
We update your AML framework to meet Tranche 2 standards..
Compliance GPT Platform
Automate CDD, monitoring, and reporting with our centralised tool.
Industry-Leading AML Expertise Tailored To Your Sector
AML House provides industry-specific AML/CTF solutions, recognising the unique challenges and regulatory landscapes of different sectors. Our deep understanding of industry nuances ensures we deliver practical, tailored advice and effective AML programs that meet your specific sector requirements.
AML for Accountants
Prepare for Tranche 2 AML obligations with our specialist guidance for accounting professionals. We ensure compliance and mitigate risks specific to the accounting sector.
AML for Lawyers
Navigate upcoming AML regulations with confidence. We provide tailored AML solutions for legal practices, ensuring compliance and protecting client confidentiality.
AML for Real Estate Agents
Understand and address your AML risks in the real estate sector. We offer practical AML solutions to prepare for Tranche 2 and safeguard your business.
AML for Fintech & Financial Services
Navigate complex AML regulations in the dynamic Fintech and Financial Services landscape. We provide expert support for both established and emerging businesses.
AML for Money Remitters
Ensure robust AML compliance in the money remittance sector. We offer tailored solutions to meet specific regulatory requirements and mitigate money laundering risks.
AML for Cryptocurrency Providers
Navigate the evolving AML regulatory landscape for cryptocurrency businesses. We provide expert guidance to ensure compliance and manage risks in the digital currency space.
AML for Pubs & Clubs
Protect your Pub & Club from financial crime risks. Tailored AML programs and expert guidance to navigate complex regulations and ensure venue compliance.
AML for Gaming & Gambling
Navigate the evolving AML regulatory landscape for gaming & gambling venues. We provide expert guidance to ensure clear compliance and manage financial crime risks.
Why Choose AML House?
AML House is your dedicated partner in navigating the complexities of ongoing AML compliance. We offer specialist expertise and proactive support, ensuring you not only meet your regulatory obligations but also build a resilient and continuously compliant business.
Proactive AML Regulatory Expertise
Our team are experts in AML/CTF regulations and proactively monitor the evolving landscape, ensuring you receive timely and accurate guidance to stay ahead of changes.
Tailored Ongoing Compliance Support
We provide customized support packages designed to meet your specific business needs and ensure continuous compliance, adapting to your unique challenges and requirements.
Practical & Actionable Regulatory Advice
We deliver clear, practical, and actionable advice that you can readily implement, ensuring your compliance efforts are effective and seamlessly integrated into your operations.
Get Your Free Initial Consultation
Request a Free Consultation with one of our experienced AML Lawyers today.
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Free AML/CTF Guides & Checklists
When is your Next AML Audit Due?
Don’t wait until the last minute to think about your AML Audit.
Our basic assessment offers a quick and easy way to estimate your AML Audit due date. This early insight is invaluable, allowing you to proactively allocate resources, gather documentation, and get truly ahead of your AML Audit.
AML/CTF Compliance Guide for Professional Services
Plain-English guide demystifying AML/CTF obligations for lawyers and accountants under Tranche 2. Step-by-step advice to build compliance, manage risk, and protect your professional services firm.
AML/CTF Essentials for Real Estate Agents
Straightforward AML/CTF guide tailored for real estate agents. Learn customer due diligence, reporting duties, and best practices to keep you compliant under AML/CTF Tranche 2.
Guide to AML/CTF Audits for Designated Entities
Complete guide on preparing for AML/CTF audits across all industries. Understand audit expectations, avoid common pitfalls, and confidently demonstrate your business’s compliance.
Market-Leading, Comprehensive AML Services
AML House offers a comprehensive suite of specialised AML/CTF services designed to address all aspects of your compliance needs. From independent audits to program development, legal support, and innovative platform solutions, we provide end-to-end expertise to ensure robust AML compliance and mitigate financial crime risks.
Independent AML Audits
Ensure regulatory compliance and program effectiveness with our expert independent AML audits, providing actionable insights to strengthen your AML framework.
AML Program Development & Management
Develop, revise, or replace your AML Program and related documentation with our expert guidance, ensuring a robust and compliant foundation.
Ongoing AML Compliance & Regulatory Support
Navigate evolving AML obligations with confidence through our ongoing service packages, providing continuous expert support and regulatory updates.
Specialist AML Legal Advice & Support
Access expert legal counsel for all AML/CTF matters, from program drafting and system reviews to proactive risk mitigation and strategic advice.
Marketplace for Registered Entities
Streamline transactions in digital currency exchange and remittance provider markets with our specialised marketplace for buying and selling registered entities.
Innovative AML Compliance Platform
Simplify and centralise your AML/CTF management with our cutting-edge online platform, providing a one-stop shop for all your compliance needs.
Why Choose AML House?
AML House is your dedicated partner in navigating the complexities of ongoing AML compliance. We offer specialist expertise and proactive support, ensuring you not only meet your regulatory obligations but also build a resilient and continuously compliant business.
Proactive AML Regulatory Expertise
Our team is experts in AML/CTF regulations and proactively monitor the evolving landscape, ensuring you receive timely and accurate guidance to stay ahead of changes.
Tailored Ongoing Compliance Support
We provide customised support packages designed to meet your specific business needs and ensure continuous compliance, adapting to your unique challenges and requirements.
Practical & Actionable Regulatory Advice
We deliver clear, practical, and actionable advice that you can readily implement, ensuring your compliance efforts are effective and seamlessly integrated into your operations.
Get Your Free Initial Consultation
Request a Free Consultation with one of our experienced AML Lawyers today.
Insights Library
Practical AML/CTF Guides & Insights
Unlock free AML/CTF guides, checklists, and insights in our regularly updated Insights Library, written by our AML lawyers & experts.
Who We Are
Founded by senior financial services lawyer Peter Hagias, AML House specialises in independent AML audits and AML/CTF compliance for businesses across Australia. Our expert team brings together deep legal, regulatory, and compliance expertise to deliver practical solutions and robust AML frameworks.
Peter and the AML House team are dedicated to guiding businesses through the complexities of AML/CTF regulations, providing industry-leading advice and support. We are committed to proactive service and regulatory excellence, empowering our clients to confidently navigate their AML obligations.
Frequently Asked Questions About AML/CTF Programs
When does Tranche 2 AML/CTF compliance begin?
AUSTRAC has confirmed 31 March 2026 as the start of enrolment for existing entities and VASPs, with 1 July 2026 marking the commencement of Tranche 2 obligations for real estate, lawyers, accountants, conveyancers, and other designated professions.
Which industries are captured by Tranche 2?
Tranche 2 extends AML/CTF obligations to “designated non-financial businesses and professions” (DNFBPs), including:
Real estate agents and developers
Lawyers and conveyancers
Accountants and tax practitioners
Trust & company service providers
Virtual Asset Service Providers (VASPs)
What are the main obligations under Tranche 2?
Tranche 2 extends AML/CTF obligations to “designated non-financial businesses and professions” (DNFBPs), including:
Real estate agents and developers
Lawyers and conveyancers
Accountants and tax practitioners
Trust & company service providers
Virtual Asset Service Providers (VASPs)
What are the risks of non-compliance?
Failure to comply may result in:
Civil penalties from AUSTRAC
Investigations and enforcement actions
Significant reputational damage
Loss of client trust and business opportunities
Should small businesses prepare too?
Yes. Tranche 2 obligations apply regardless of size. Even sole practitioners and boutique firms must comply. Early preparation ensures smoother enrolment and reduced compliance costs.
What support will AUSTRAC provide?
AUSTRAC is releasing phased support tools, including sector guidance and starter kits in late 2025, followed by an enrolment platform in early 2026.
How can AML House support my Tranche 2 compliance?
AML House provides end-to-end solutions including:
AUSTRAC enrolment guidance
Profession-specific AML/CTF Programs
Digital CDD and transaction monitoring tools
Staff training and workshops
Independent reviews and audits
Ongoing advisory support to keep you compliant and confident
Can external experts help with AML/CTF compliance?
Yes, engaging experienced AML consultants, lawyers, and auditors can provide valuable assistance. They offer expertise in program development, risk assessments, training, and ongoing support to navigate the complexities of AML/CTF compliance and reduce regulatory risk.