Every regulated
business covered.
Verigo loads the correct compliance pack for your industry automatically — pre-configured risk rules, KYC requirements, and AUSTRAC reporting obligations built in from day one.
Current Reporting Entities
Active obligations nowThese industries have been reporting entities under the AML/CTF Act 2006 since it came into force. They must maintain a full AML/CTF programme, conduct ongoing CDD, and report to AUSTRAC.
Virtual asset service providers
VASPs or Digital Currency Exchanges (DCEs) must register with AUSTRAC and implement full AML/CTF programs under the AML/CTF Act 2006.
Remittance service providers
Remittance providers transfer value on behalf of customers internationally and face IFTI reporting obligations.
Bullion dealers
Bullion dealers buying or selling gold, silver, and platinum bullion are reporting entities under the AML/CTF Act 2006.
Reporting Group
Multi-entity compliance groups can establish a reporting group to consolidate compliance operations and share customer data.
Tranche 2 — Expanded Regime
Effective 1 July 2026The AML/CTF Amendment Act 2024 extends obligations to Designated Non-Financial Businesses and Professions (DNFBPs). These industries must be ready by 1 July 2026.
Prepare now — the deadline is 1 July 2026
Penalties of up to $22.2 million for body corporates. Start building your AML/CTF programme now — enrolment with AUSTRAC opens before the deadline.
Real estate agents
From 2026, real estate agents buying/selling on behalf of clients become reporting entities under the AML/CTF reforms.
Conveyancers
Conveyancers handling property settlements will be captured under Tranche 2 reforms effective 2026.
Legal professionals
Law firms providing certain designated services — property, company formation, trust services — become reporting entities under Tranche 2.
Accountants
Accounting firms providing certain services will be required to implement AML/CTF programs from 2026.
Dealers in precious metals and related products
Dealers in gold, silver, platinum and other precious metals are captured under Tranche 2 reforms.
Pubs, clubs and hotels
Hotels, pubs, and licensed clubs that provide certain gambling or payment services become reporting entities under Tranche 2 reforms effective 1 July 2026.
Other AUSTRAC-regulated sectors
AUSTRAC regulates a broad range of financial services businesses in Australia. The following sectors are all subject to AML/CTF obligations under the AML/CTF Act 2006.
Operating in one of these sectors?
We can tailor a compliance solution to your specific obligations. Contact us to discuss your requirements.
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