FREE ONLINE TRAINING

Tranche 2
AML/CTF Reforms:
What to know for lawyers, accountants and real estate

Australia’s anti-money-laundering laws now extend beyond financial institutions to lawyers, accountants and real estate professionals. The key obligations for newly regulated businesses include:
  1. Enrol with AUSTRAC
  2. Developing an AML/CTF program
  3. Collecting and verifying client details (CDD)
  4. Conducting staff training
  5. Reporting suspicious matters and certain types of transactions to AUSTRAC
  6. Making and keeping records

Tranche 2 is here –
is your team trained?

Get the free 15-minute course today and try out the Alpha AML Training online training experience.

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Try out the easy and effective way to enhance your knowledge of AML

★ 4.7 / 5 Rated from 5,000+ learners
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Shane
Finance Manager
5/5
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“Finally, an AML Course That’s Easy to Follow. Overall, this is one of the best AML/CTF courses I’ve taken and I would highly recommend it.”
May 29, 2026
Shannon
Real Estate Administrator
5/5
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“The content was clear, making what can be a complex topic easy to understand. I walked away with a much better understanding of my obligations and would highly recommend this course to anyone needing AML training.”
June 8, 2026
Ellouise
Legal Professional
5/5
Star Star Star Star Star
“The visuals helped break down complex AML concepts – such as identifying suspicious activity – in a way that was clear and accessible. I would recommend this course as a solid introduction to AML compliance.”
June 9, 2026
Ken
Sales Agent
5/5
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“An excellent, well structured, straight forward informative course that was easy to follow and explained in simple terms what you would initially believe would be very daunting.”
June 27, 2025
Kerry
AML Compliance Officer
5/5
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“I found the modules to be well‑designed, accurate, and appropriate for a legal audience. My view is they strike the right balance between simplicity and substance, and the interactive format will support firm-wide engagement.”
April 3, 2026
Josh
Director
5/5
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“The course does a great job of cutting through the legal jargon to explain the core basics: who is impacted, what the obligations include, and how it applies in practice.”
July 7, 2026
Sue
Legal Assistant
5/5
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“Excellent course on enhanced CDD and providing details on when to use the Source of Wealth or Source of Funds for a trust and other high risk transactions.”
October 2, 2025
Gabby
Finance Manager
5/5
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“The course was really accessible – you can pick it up from where you left off, you don’t have to redo sections. The information was really clear and concise with great learning objectives.”
December 2, 2025
Anna
Practice Support Assistant
5/5
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“The mixture of reading, clicking on buttons and watching a video helped to keep me engaged. It can sometimes be hard to focus if you are just listening to a speaker.”
September 30, 2025
Scott
Business Accountant
5/5
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“The course was easy to understand and explained in plain English. The resource links provided throughout gave great additional learning material.”
May 21, 2026
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Who needs to comply?

AML/CTF obligations now apply to certain professional services typically provided by businesses known as ‘Tranche 2’ entities, including:
Lawyers and conveyancers
Real estate
Accountants

What you’ll learn in 15 minutes

Understand what money laundering and terrorism financing are and how these activities are linked to serious and organised criminal networks.

Learn about the ‘Tranche 2’ designated services for professions such as lawyers and conveyancers, accountants and real estate professionals so you know whether you need to comply with the new AML/CTF obligations.

See the key dates related to the reforms and the enforcement options available to AUSTRAC for businesses that fail to meet AML/CTF obligations.

Get an overview of the key AML/CTF obligations that apply to newly regulated businesses, as well as links to the latest AUSTRAC resources, guidance and updates.

Take our free ‘Intro to tranche 2 AML’ course now

Complete the form to get started