Guidance
Tranche 2 reforms (1 July 2026)
Real estate, lawyers, accountants, conveyancers, TCSPs + precious metals from 1 July 2026.
In plain English
Certain businesses must comply with new anti-money laundering and counter-terrorism financing rules from 1 July 2026.
This guidance applies to real estate agents, lawyers, accountants, conveyancers, TCSPs, and businesses dealing in precious metals. These businesses must meet new anti-money laundering and counter-terrorism financing obligations. The reforms commence on 1 July 2026. Austrac provides this guidance.
Why it matters
Businesses in these sectors need to prepare for new compliance requirements. This includes updating policies and procedures. Failure to comply could impact operations and reputation.
AI-assisted summary, grounded in the source link below. Generated 2026-05-23 via gemma3:12b.
Issuing regulator
AUSTRAC →Topics
Source: https://www.austrac.gov.au/business/aml-ctf-reform. Rules Mate indexes + summarises; always verify against the regulator's live publication.