AML/CTF Reforms: Essential Updates for Property Professionals in Australia
AML/CTF Reforms: Essential Updates for Property Professionals in Australia Australia’s anti-money laundering and counter-terrorism financing (AML/CTF) regime is expanding, bringing new obligations to the real estate sector under the Anti-Money Laundering and Counter-Terrorism Financing Amendment Act 2024. Effective from 1 July 2026, these reforms target Tranche 2 entities to curb risks in high-value property transactions….
