Real Estate
For real estate professionals, buyer's agents, and property developers dealing with designated real estate services.
View sector page
AUSTRAC-aligned practical support
Tranche 2 readiness for firms that cannot afford to get it wrong.
AMLGURU helps newly regulated reporting entities understand their obligations, prepare their AML/CTF program, train their people, and operationalise compliant processes before the deadlines bite.
Enrolment opened
31 Mar
Obligations start
1 Jul
Enrolment due
29 Jul
What newly regulated entities must be ready for
- AML/CTF governance and a nominated compliance officer
- Risk assessment and AML/CTF program documentation
- Customer due diligence and onboarding controls
- Personnel training and reporting readiness
- Record keeping and practical operational workflows
Why this matters now
Readiness is now an operating requirement, not a future project.
AUSTRAC expects newly regulated entities to have realistic, effective plans and proactive efforts to manage AML/CTF risk. That requires more than policy templates.
What firms are facing
- Uncertainty about whether services are in scope
- Limited internal compliance capability
- Time pressure across legal, property, and professional workflows
- Need to move from guidance to practical implementation quickly
What good preparation looks like
- Clear governance structure and accountable owners
- Risk-based program design matched to the business model
- Training that changes day-to-day behaviour
- Operational processes for CDD, reporting, and records
Why this is important
AUSTRAC enforcement is real.
Failure to implement an AML/CTF program, poor customer due diligence, and delays in reporting suspicious matters have led to hundreds of millions in penalties. Tranche 2 obligations must be taken seriously from day one.
Read the AUSTRAC Case StudiesReadiness journey
What you need to do
1. Confirm if you are regulated
Identify whether the services you provide are designated services with a geographical link to Australia.
2. Understand your designated services
Map your real-world work to AUSTRAC guidance, especially where sector-specific edge cases apply.
3. Establish governance
Set governance roles, identify the AML/CTF compliance officer, and determine decision ownership.
4. Build the AML/CTF program
Develop the risk assessment, policies, procedures, controls, and review model for your business.
5. Operationalise the obligations
Implement CDD, reporting, training, and record-keeping processes that work in practice.
6. Prepare to enrol and operate
Be ready to engage customers and report suspicious matters from the commencement date.
Priority sectors
Sector context matters.
Real estate, legal, conveyancing, and accounting firms do not all face the same triggers, workflows, or practical compliance pressures.
Legal and Conveyancing
For firms involved in transaction execution, conveyancing, fund handling, and structure-related work.
View sector pageAccounting and Professional Services
For firms whose work directly advances designated transactions, financing, or legal arrangements.
View sector pageAbout AMLGURU
Built for firms that need clarity, not compliance theatre.
AMLGURU exists to help newly regulated entities move from confusion to confident action. Our work sits at the point where regulation, operational design, and implementation meet.
How we work
- Translate official guidance into practical obligations
- Tailor support to sector-specific workflows and risks
- Combine advisory, training, and systems thinking
- Focus on readiness that survives day-one operations
Resources
Education that gives people a starting point.
What newly regulated entities need to do before 1 July 2026
Plain-English summary of the minimum practical preparation required before obligations begin.
Who is regulated under Tranche 2?
A sector-based view of designated services and where firms often misread the scope.
Customer due diligence explained for new reporting entities
What CDD means in practice, when it starts, and where operational pressure typically appears.
Next step
Start with a readiness conversation.
If you are unsure whether the reforms apply, what your first milestone should be, or how much work is required, we can help you map the path.