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AML-CTF Tranche 2 Explained
How the New AML-CTF Tranche 2 Regime Will Affect Property Market Participants
From 1 July 2026, Australia’s anti-money laundering and counter-terrorism financing (AML-CTF) regime is expanding under the AML/CTF Amendment Act 2024 and associated rules. This expansion known as Tranche2, brings a wide range of property market participants into the regulatory net, with practical implications that will reshape compliance and daily practice across the sector.
Section 32 Vendor’s Statement: A Complete Guide for Victorian Property Buyers and Sellers
If you are buying or selling property in Victoria, you will come across a document known as the Section 32 Vendor’s Statement. This is a critical legal document in any property transaction and plays an important role in protecting buyers while ensuring sellers meet their legal obligations. In this guide, we explain what a Section 32 is, what it must include, when it must be provided, and why obtaining legal advice is essential before signing a contract.
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