AML Tranche 2 reforms

Learn what AML Tranche 2 means for your business and how Livesign’s solution will make it simple when the time comes. Livesign clients can relax knowing that we'll help them:

• Cut through the confusion
• Get expert guidance and advice
• Provide a comprehensive AML solution

AML/CTF Tranche 2 reforms

For the first time, real estate agents, lawyers and conveyancers will fall under Australia’s Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) laws for all property transactions. From 1 July 2026, the above professionals will be required to:  

• Enroll with AUSTRAC by 31st March
  
• Verify each client’s identity before a transaction
• Keep accurate, auditable records of those checks

• Create and maintain an AML/CTF compliance program
• Report suspicious or unusual activity to AUSTRAC
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These reforms are designed to reduce financial crime, protect Australia’s property sector, and every business in it. We’ll help you understand what the changes mean for you and how to prepare.

Everything you need to meet Tranche 2

Livesign is developing a comprehensive AML solution designed for legal and property professionals. When the time comes, you’ll be ready with tools that make compliance part of your everyday workflow, not another admin burden. What's more, Livesign AML has beend designed ot align with AUSTRAC's requirements, with the starter pack questions built inot our flow. There will be no need for double handling.

Other Feature Highlights:

• No lock-ins, subscriptions or hefty transaction fees
• Risk Assessment, Portfolio Analysis & Initial CDD
• Training & Record Keeping and more