AUSTRAC Tranche 2 AML/CTF Obligations (2026)
Tranche 2 expands AML/CTF obligations to a wide range of Australian professional service businesses. If you provide any **designated service**, you must maintain an AML/CTF Programme, conduct CDD, and keep audit‑ready records.
Learn more in our AML/CTF Guide.
Captured when handling trust accounts, client funds, or financial transactions that qualify as designated services.
Captured when conducting conveyancing, trust account work, or client financial dealings.
Captured when managing settlements, trust funds, or identity verification for property transactions.
Captured when handling deposits, high‑value transactions, or client funds related to property dealings.
Captured when buying or selling precious metals, stones, or high‑value goods.
Captured when arranging loans, finance, or fund transfers that fall within AUSTRAC’s AML/CTF Act.
If your business provides any designated service under Tranche 2, you must maintain a written AML/CTF Programme, conduct ongoing CDD, and keep audit‑ready records. Penalties now reach $18.5 million for non‑compliance.
AML Shield Pro is purpose‑built for Tranche 2 professions — including accountants, solicitors, conveyancers, real estate agents, jewellers, and high‑value dealers. It centralises your AML/CTF Programme, ML/TF Risk Assessment, CDD, SMR, and training records in one audit‑ready system.
Clear, guided questions about your business and ML/TF risks.
Automatically generate a complete Part A & Part B AML/CTF Programme.
Download clean, professional Word documents for AUSTRAC reviews.
Log CDD checks, SMRs, training, and updates — stored securely for 7 years.
The 1 July 2026 Tranche 2 deadline is approaching fast. Build your AML/CTF Programme now — it takes less than an hour and protects your business from penalties up to $18.5 million.
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