AgencyAML
The only complete AML solution in Australia designed solely for real estate backed by a law firm.
AgencyAML embeds AML checks directly into the transaction workflow, reducing risk, admin and duplication.
Pay at settlement
AgencyAML does not require a subscription, you only pay when you use it.
Built for real estate. Built by lawyers.The single best AML option in the market. Lose the listing there is no fee.
AML Compliance Conferences Available!
We are offering in person sessions where you will be guided through everything you need to do. Delivering clarity and certainty.
Hosted by Neil Jeans, co-author of AUSTRAC’s Starter Kit for the real estate sector, this session walks you through your obligations, answers your questions, and supports you in building your tailored AML Program during the session.
Limited seats. 60 pax only per session. Early bird discount until 8th March only. Generously hosted by NAB.
AML isn’t new, enforcement is.
AML obligations for real estate are no longer theoretical. AUSTRAC has published clear expectations and enforcement is active. “We’ll deal with it later” is no longer a safe position.
AML isn’t a checkbox, it’s a legal position.
AML decisions involve legal interpretation; mistakes are not merely administrative, they are regulatory. That is why legal oversight matters. We provide the tools and legal framework to support your compliance obligations, making the process clearer and more manageable.
Software can guide. Lawyers defend.
Key benefits
- Reduced compliance burden
- Clear audit trail
- Faster transaction progress
- Lower risk exposure
Who it’s for
- Residential sales teams
- Principals and compliance leads
- Multi-office agencies
Why agencies trust AgencyAML
Designed exclusively for real estate. Not adapted. Not generic. Built around how sales actually run.
Backed by an incorporated law firm. This isn’t software guessing at compliance. It’s legal interpretation, embedded.
Using Equifax interface. The same system used by the big four banks, this is as safe as you get.
We offer simplicity, compliance and savings.
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) |
Updated AML/CTF Obligations for Real Estate Agencies
Read about obligations
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.
What are your obligations as an Agency:
A high level overview of some of the things your agency will need to get ready for in 2026
- Enrol and register with AUSTRAC
- Develop and maintain an AML/CTF program
- Appoint a responsible Compliance Officer
- Verify buyer/seller identity (KYC)/ Customer Due Diligence (CDD)
- Report suspicious and large cash transactions
- Make and keep records for 7 years
- Undergo independent audits every 3 years
Our full suite of tools
Secure digital execution
AML/CTF compliance embedded
Funding for marketing and improvements
Commission access at exchange
Simplified supplier payments
Fewer steps, clearer control
AML is unavoidable. Stress is optional. Speak to the AgencyAML team member today.
Frequently Asked Questions
What is Agency AML?
Why do real estate agents need AML processes?
Regulatory reforms are expanding AML/CTF obligations to designated non-financial businesses, including real estate professionals. Agencies must demonstrate:
- Customer identification procedures
- Source of funds scrutiny
- Risk-based compliance frameworks
- Record keeping and reporting controls
Does Agency AML replace our legal obligations?
No. It supports your compliance framework.
Agency AML provides:
- Structured forms and verification processes
- Legal oversight of compliance design
- Record-keeping architecture
- Audit-ready documentation
Is this just ID collection?
No.
Modern AML compliance requires:
- Risk assessment
- Politically Exposed Person (PEP) screening
- Source of funds analysis
- Ongoing monitoring
Will this slow down transactions?
Is our data secure?
Yes. Data is handled in accordance with:
- Australian privacy obligations
- Secure storage protocols
- Access-controlled systems