AML CTF Tranche 2 Explained: What Accountants & Lawyers Must Know Before July 2026

AML CTF Tranche 2 Explained: What Accountants & Lawyers Must Know Before July 2026 Are you an accountant or lawyer in Australia? From 1 July 2026, major changes under the AML/CTF Tranche 2 legislation will directly impact your profession. In this video, we break down what the Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) Act means for newly regulated entities — including accountants, lawyers, and other professional service providers. Learn about: ✔️ What AML/CTF and proliferation financing mean for your business ✔️ Why Tranche 2 is a landmark shift for Australian professionals ✔️ AUSTRAC's role as a co-regulator alongside your professional associations ✔️ Massive civil penalties — up to $33 million per breach for companies ✔️ Ongoing breach penalties that could be incalculable ✔️ The link between AML/CTF compliance and serious criminal offences Don't get caught off guard. Stay compliant, protect your practice, and understand your obligations under Australian AML law. 🔔 Subscribe for more compliance, legal, and financial regulation updates.