AML/CTF onboarding for non-individuals: what changes from 1 July
How do you onboard a company, trust, or partnership under AML/CTF? From 1 July 2026, the answer looks very different from the standard client intake most firms run today. Under the Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) reforms, onboarding a non-individual client becomes a full due diligence exercise. We unpacked exactly what that means in […]
5 AML/CTF events you shouldn’t miss this June
The 1 July 2026 AML/CTF compliance deadline is just five weeks away. For conveyancers and property lawyers figuring out where to start, there is still time to get your program in place, your workflows built, and your team ready. This June, triSearch is running five complimentary events to help you do exactly that. A hands-on […]
Record keeping under AML/CTF Tranche 2
Record keeping does not get much attention in AML/CTF conversations, but it is one of the obligations most likely to catch firms out. It is not a one-off task you complete at onboarding. It runs through every part of your compliance program, from the first time you verify a client to the day you close […]
Customer Due Diligence: Everything you need to know
Customer Due Diligence (CDD) is a core part of Tranche 2 AML/CTF compliance. Understanding your client is essential to managing risk, making informed decisions, and meeting your obligations effectively. What is Customer Due Diligence? Customer Due Diligence (CDD) involves verifying your client’s identity, understanding their role in the transaction, and assessing their ML/TF risk. It […]
5 key AML/CTF obligations under tranche 2
With tranche 2 AML/CTF reforms approaching, conveyancers and legal practitioners are turning their focus to what compliance will look like in practice and where to begin. The requirements may seem complex at first, but the path forward is more structured than it appears. Drawing on AUSTRAC guidance, these obligations can be broken down into five […]
AUSTRAC’s examination powers: what firms need to know
As AML/CTF reforms draw closer, many firms are asking an important question: what happens if compliance obligations are not met, and how might regulators respond? One aspect of the evolving regulatory framework is the introduction of section 172A examination powers, which allow AUSTRAC to require individuals to provide information or documents where they may hold […]
AML/CTF: How to identify suspicious transactions
Every property lawyer and conveyancer understands the inherent complexity of real estate transactions. However, when substantial capital moves through a file without a clear origin, your professional responsibility extends beyond contracts and settlements. Under the upcoming AML/CTF Tranche 2 reforms, identifying and acting on indicators of potential money laundering will become a core requirement. Why […]
AML/CTF compliance for conveyancers & lawyers
The AML/CTF reform is entering a new phase. These changes are designed to strengthen the financial system and reduce the risk of property transactions being used to facilitate money laundering and serious crime. With key deadlines approaching, now is the time for firms to understand what’s changing, what’s required, and how to prepare. Key dates […]
AML/CTF: How to identify suspicious customers
With AML/CTF Tranche 2 regulations set to roll out this July, legal practitioners need to strengthen their ability to spot suspicious clients. Understanding what to look for and why it matters is a critical first step in building compliance confidence. Here are practical tips to help you stay ahead and protect your firm. 1. Understanding […]
3 strategies for gathering valuable customer feedback
Gathering valuable customer feedback can help bolster your reputation and provide you with genuine content for any searching or interested prospects. There are many methods and styles of content you can use to promote your practice, but one of the most valued by a consumer, will likely be what other consumers have said, especially in […]
