What Is AML/CTF? And Why It Now Applies to Every Australian Accounting Firm?
AML/CTF compliance starts 1 July 2026. Learn what it means and how Client Verification Automation can help your accounting firm stay ready. Check the blog now!
Does My Accounting Firm Need to Register with AUSTRAC?
From 1 July 2026, some Australian accounting firms will need to register with AUSTRAC under AML/CTF Tranche 2 reforms. This guide explains the six designated services that may capture accountants, including managing client funds, setting up entities, providing registered office addresses, and acting as nominee officeholders. It also includes a simple self-assessment to help firms understand whether they are likely to become a reporting entity.
9 Things You Must Have in Place by July 2026
Australian accounting firms providing designated services will become reporting entities under the AML/CTF regime from 1 July 2026. This checklist breaks down the 9 key obligations firms must prepare for, including AUSTRAC enrolment, AML/CTF programs, customer due diligence, enhanced due diligence, reporting, record keeping, and staff training.
