FAQ Directory for Newly Regulated Firms
Answers to the most common questions about the Tranche 2 rollout, organised into key categories.
⏳ Timelines & Transition
When obligations start, enrolment deadlines, and how to manage the transition period.
🌐 Scope & Sectors
Who is captured, geographical links, and specific guidance for real estate and professional services.
⚙️ Program & Operations
Building an AML/CTF program, customer due diligence, reporting requirements, and CDD.
🚨 Enforcement & Penalties
What happens if you fail to comply, penalties, AUSTRAC actions, and addressing mistakes.