This guide explains how Australia’s Tranche 2 reforms will bring the mining and resources sector into the AML/CTF regime for the first time. It explores why mining is under scrutiny, the risks regulators are focused on, and the practical steps companies must take to meet AUSTRAC expectations and operate with greater transparency.
What’s in the guide
- Why mining is a high-risk sector for money laundering, sanctions evasion and corruption
- Which mining activities and services fall within scope under Tranche 2
- Key AML/CTF obligations including CDD, reporting and programme requirements
- Real-world red flags such as trade-based money laundering, offshore structures and PEP exposure
- How to build a risk-based AML/CTF programme tailored to mining operations
- Practical steps to prepare for 2026 compliance deadlines