This practical companion breaks down AUSTRAC’s Tranche 2 reforms, helping professionals understand new AML/CTF obligations, who they apply to, and how to prepare for compliance with confidence.
Key points
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Expanded scope: Lawyers, accountants, and real estate agents will soon be regulated under AML/CTF laws
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Core duties: Registration, client due diligence, reporting, and AML/CTF program development are required
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Proactive readiness: Early planning and clear governance reduce compliance risk and build trust