Built for the professionals
Tranche 2 targets.
From 1 July 2026, lawyers, conveyancers, real estate agents and accountants face new AUSTRAC obligations. Link ID is built specifically for each of them.
Requirements
ARNECC + AUSTRAC Tranche 2
Lawyers & solicitors
Legal practitioners handle conveyancing, trust deed settlements, powers of attorney, and real estate work — all under Tranche 2 obligations. Link ID covers both in a single workflow.
- Meets ARNECC Clause 6.1/6.5 requirements
- AML/CTF program for designated services
- Streams VOI for interstate and overseas clients
Requirements
ARNECC Participation Rules + Tranche 2
Conveyancers
Conveyancing sits at the centre of Tranche 2. Every buyer and seller is a potential customer who'll need to be verified under ARNECC and screened under AML.
- Compliant with all state Participation Rules
- VOI + AML program for every settlement
- Accept interstate and overseas clients
Obligations
AUSTRAC Tranche 2 from 1 July 2026
Real estate agents
Real estate agents, buyer's agents and property developers are now reporting entities. Link ID makes it quick enough to fit in a normal sales workflow.
- Client completes AML check under 5 minutes
- Quick decision on your existing sales process
- Full audit trail available for AUSTRAC
Compliance
AUSTRAC Tranche 2 from 1 July 2026
Accountants
Accounting practices providing trust account, tax advisory — including SMSF services — and business incorporation services are caught by Tranche 2.
- VOI for new clients, automatically
- Risk-rated client profiles, automatically
- Audit-ready documentation at every step
The biggest compliance change in a generation.
In November 2024, the Australian Parliament passed legislation expanding the AML/CTF regime to cover legal professionals, conveyancers, real estate agents and accountants for the first time.
From 1 July 2026, these professionals must enrol with AUSTRAC, implement a compliant AML/CTF program, conduct customer due diligence, and file Suspicious Incident reports.
Read AUSTRAC's guidance31 March 2025
Enrolment opens with AUSTRAC
All newly regulated businesses must register their essential details with AUSTRAC to begin the onboarding process.
1 July 2026
AML/CTF obligations commence
Full compliance required. AML/CTF program in place, customer due diligence running, SMR and TTR reporting active.
After 1 July 2026
Non-compliance starts to amplify
AUSTRAC’s criminal and civil enforcement powers, and in serious cases, referral for criminal prosecution.
Ready before July 2026?
Book a demo and we'll show you exactly how Link ID fits your practice — and what you need to do to be compliant on time.