AML: Built on the day
Due to popular demand, we are running a one off virtual completion session.
Hosted by Neil Jeans, Co-Author of AUSTRAC’s Starter Kit for the real estate sector, this session will cover: Registration with AUSTRAC, creation of your AML plan including your tailored risk assessment and a run through on the practical application of AML on your daily transactions.
Our expert panel
Neil Jeans
Partner – Risk
Grant Thornton Australia
Co-Author of the AUSTRAC Starter Kits
Jeremy Moller
Partner
Norton Rose Fulbright
AML and risk expert
Lucas McEntee
Founder and CEO
AgencyAML
Has applied AML for 6 years
AML: You’re aware, now get ready.
Who should attend:
This session is designed for those within real estate agencies who are responsible for implementing and maintaining AML compliance, not just understanding the theory. You should attend if you are:
A real estate agency owner or principal who wants certainty that your business is AML-ready
An operations, compliance or trust-account lead responsible for registrations, systems and ongoing obligations
You do not need prior AML knowledge. You do need the authority (or responsibility) to establish your agency’s AML framework. You will leave the session with your AML Program documentation built and ready for adoption, not sitting “in progress”.
Preparation, not just an info session.
AML: Built on the day is the perfect way to cut through the noise, understand what your AML obligations are, prepare your office and ask the questions that are specific to your circumstances.
Built on the day - Session format
Your four-hour AML Implementation session follows a structured, practical process:
- Welcome and Panel Introduction
Meet the panel and understand the objectives for the session. - AML Obligations Explained for Real Estate
A clear walkthrough of the Tranche 2 requirements and what they mean for your agency. - Registration & Compliance Framework Overview
An introduction to the enrolment, registration and ongoing compliance structure. - Understanding the Subjective Questions
Why certain declarations are required, how to approach them, and the implications of your responses. - Step-by-Step Registration & Program Build
Guided progression through the AML registration process while building your agency’s tailored Policy and Program documentation. - Q&A
Opportunity to raise questions relevant to your agency’s structure and risk profile.
What You Leave With
- AUSTRAC enrolment and registration progressed during the session (where pre-requirements are satisfied)
- A drafted AML/CTF Program tailored to real estate agency operations
- A completed risk assessment framework based on your agency’s profile
- An internal AML policy structure ready for adoption
- A practical staff training roadmap
- A defined pathway for ongoing compliance support
Real documentation. Real structure. Not just information.
Sessions
4 hours, completion sessions. This is not training, this is preparation.
Virtual session: AM session only: 9:00am-1:00pm
Select your session on the booking form.
Generously hosted by
Session price: $750
Book your session right up to the day.
Listed price is excl booking fee.
Virtual session
Wednesday 11th June
Online only: 9:00am – 1:00pm
Key Dates & Deadlines
| Date | Requirement |
| 31 Mar 2026 | AUSTRAC enrolment opens for real estate agencies. |
| 1 Jul 2026 | AML/CTF obligations officially commence for real estate agencies providing “designated services” |
| 29 Jul 2026 | Deadline to enrol and register with AUSTRAC (28 days after obligations start). |
| 2026–onwards | Continuous: CDD/KYC, reporting, record-keeping |
| ~2029 | First independent audit due (3 years after compliance start) |
The only AML solution in Australia designed specifically for real estate and backed by a law firm.
Integrated legal oversight
Designed for agencies, not generic businesses
Delivered by real estate specialists
Backed by The Agency Portal infrastructure
Understanding AML Reform with the experts
A great and insightful conversation between Lee Woodward and some real experts. Neil Jeans co-author of the AUSTRAC real estate Starter Kit, Jeremy Moller Partner at Norton Rose Fulbright Lawyers, an AML and risk expert and Lucas McEntee, the CEO of TheAgencyPortal who has been actively applying AML requirements to real estate for the last 6 years.
Frequently Asked Questions
Complex agency structures
The more complex the structure, the higher the AML risk and the deeper the due diligence required/ EDD.
Multiple attendees per agency
You should:
- Conduct due diligence on the legal entity (the agency).
- Identify and verify its beneficial owners and controllers (if required).
- Ensure attendees are authorised representatives of that agency.
- Confirm payment is coming from the agency (not unrelated third parties).
Do I need to bring documents?
Have a list of risk questions that you think is a risk to your company and prep questions you would like the answer to that are specific to your agency
Can I send a staff member?
A real estate agency owner or principal who wants certainty that your business is AML-ready.
An operations, compliance or trust-account lead responsible for registrations, systems and ongoing obligations.
A senior admin or office manager tasked with implementing AUSTRAC’s AML requirements day-to-day.
Updated AML/CTF Obligations for Real Estate Agencies
1. Enrol and register with AUSTRAC
Must enrol with AUSTRAC as a reporting entity before providing any designated service.
Enrolment opens 31 March 2026 and must be completed by 29 July 2026 for services provided from 1 July 2026.
2. Develop and maintain an AML/CTF program
Implement a written AML/CTF program tailored to your risk profile that outlines how you identify, mitigate, and manage money-laundering and terrorism-financing risks.
This must be in place before you start providing designated services from 1 July 2026.
3. Appoint a responsible Compliance Officer
A senior person must be appointed to oversee AML/CTF compliance and ensure ongoing adherence to obligations.
AUSTRAC expects this to be established by 1 July 2026 as part of readiness activities.
4. Verify buyer/seller identity (KYC)/Customer Due Diligence (CDD)
Conduct customer identification and verification before providing a designated service (i.e. CDD/KYC).
Your AML/CTF program must fully document the procedures you use to identify and verify clients.
5. Report suspicious and large cash transactions
From 1 July 2026, you must:
- Lodge Suspicious Matter Reports (SMRs) when you reasonably suspect criminal activity.
- Within 24 hours if terrorism-related.
- Within 3 business days for other matters.
- Lodge Threshold Transaction Reports (TTRs) where applicable (e.g., cash transactions of $10,000+).
- Submit an Annual AML/CTF Compliance Report to AUSTRAC.
6. Make and keep records for 7 years
Agency must retain:
- AML/CTF program documentation
- Customer identification and verification records
- Transaction and report records
…for at least 7 years after the service ends or after enrolment ceases.
7. Undergo independent audits every 3 years
Once obligations commence, agencies must arrange independent compliance audits of their AML/CTF program on a triennial basis (every 3 years), with the first likely due by mid-2029 following the start of obligations on 1 July 2026 (consistent with general AML/CTF audit cycles).
(Specific audit start date isn’t yet published but will align with standard AML/CTF audit timeframes under AUSTRAC guidance.