AML Compliance for Conveyancers

Industry solutions

From 1 July 2026, conveyancers will be subject to AML/CTF obligations. As professionals at the heart of property transactions, conveyancers play a crucial gatekeeper role in preventing money laundering through real estate.

AML Shield provides practical compliance solutions designed for the conveyancing industry, helping you protect your business while meeting regulatory requirements.

Get Started

Key Obligations

What you need to do

Develop an AML/CTF program
Verify identity of buyers and sellers
Identify beneficial owners
Understand source of funds
Monitor for suspicious activity
Report suspicious matters to AUSTRAC
Maintain records for 7 years

Red Flags

Warning signs to watch

Cash purchases or unusual funding
Complex ownership structures
Reluctance to provide ID or documents
Unusual urgency to complete
Third parties directing transactions
Prices significantly above or below market

Ready to prepare your conveyancing practice?

Contact us for an online consultation on your Tranche 2 compliance needs.

Contact Us