Everything your business needs for Tranche 2 compliance
The all-in-one AML/CTF compliance solution that guides you through Tranche 2 requirements from start to finish.
Tranche 2 reform is coming
We have your back!
What is Tranche 2?
Tranche 2 is an update to Australia’s AML/CTF Act. From July 1st, 2026, more Australian businesses are expected to meet new AML/CTF obligations.
Does it affect me?
If you’re in real estate, conveyancing, legal, accounting, or a related profession, Tranche 2 will likely affect you.
What's required?
You’ll need to register with AUSTRAC, train your staff, and implement systems for risk assessments, customer checks, and ongoing reporting.
Let's make sense of this together!
What do I do?
We're here to guide you through Tranche 2
We're here to help you understand what's coming, guide you through it and provide a complete solution.
Join our readiness list
Tranche 2 reform is coming, but it hasn’t been finalised. We’ll send you clear updates, practical tools, and guidance as things unfold.
Wait for updates
You don’t need to act now, when the time comes we’ll be ready to support you. easyAML is being updated as the rules are finalised.
(Make sure you're on our readiness list to be notified.)
Get started
Once the legislation is finalised and the final tweaks are made to easyAML, you'll be invited to come on board to get started with our complete solution. Launching January 2026
Get clear updates, practical tools, and guidance straight to your inbox.
Introducing easyAML
Your all-in-one solution for Tranche 2 compliance
easyAML is an all-in-one AML/CTF platform (and support team) designed for your industry. Built specifically for small to medium businesses facing Tranche 2, we support you through every step of compliance.
One platform
Every Requirement
Zero Stress
Local Australian support
Life has been much easier for both me and my clients. Verifying is quicker, even in tricky cases. Support is always responsive, and the service is second to none.
Salib Settlements
The other platforms didn't even come close. The design and ease of use are on a completely different level.
Clarity Conveyancing
Loving the portal. It's easy to use, and the support has been a godsend.
Byford Settlement
Tailored to your industry
Purpose built for everyday Australian businesses facing Tranche 2
We know how way real businesses work. Our platform combines clear guidance, powerful tools, and refined workflows purpose built for small and medium businesses to meet Tranche 2 obligations.
Real Estate
Handling large transactions and verifying clients means more admin, more risk, and stricter oversight under Tranche 2.
Legal
Client confidentiality, complex matters, and varied services make AML compliance in legal practice uniquely demanding.
Accounting
Frequent high-value transactions and advisory roles put accountants in the spotlight for due diligence and ongoing monitoring.
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All industries
If your business falls under these or related DNFBP categories, easyAML is built for you.
Our Partners
How does easyAML support you?
We guide you through compliance with clarity, calm and complete support
What you'll get with easyAML:
A tailored risk assessment and AML/CTF program
Step-by-step guidance (what to do, when, and why)
Tools to automate ID checks, reminders, and secure record keeping
Staff training tools with ongoing education
Audit-ready logs and reporting features
Ongoing updates as AUSTRAC guidance is released
Local, responsive support from people who understand your industry
Why do I need easyAML?
Peace of mind comes from getting it right
Comprehensive coverage (no gaps)
easyAML provides a complete set of tools and workflows specific for Tranche 2 compliance. Partial solutions may leave gaps and risk non-compliance.
Effortless automation
Compliance will be effectively impossible without automated tools like our ID verification (powered by ScanTek) and integrations with important 3rd party databases.
Avoid costly mistakes
Even honest mistakes can result in significant penalties under Tranche 2. Investing in the right solution now is far more cost-effective than facing the repercussions of non-compliance.
We're committed to making compliance as easy as it gets.
Why choose easyAML?
The right tool solution for the job
Most providers aren't building a solution for businesses like yours. We are.
All-in-one solution
End-to-end Platform
Partial: often KYC or templates only
Built for Australian SMBs
Workflows match how SMBs operate
Prioritise enterprise & VC metrics
AUSTRAC-aligned updates
Fully aligned with AUSTRAC & Tranche 2
Incomplete, only for part of the process
Program tailoring
Guided & adaptable
Often self-managed documents
Training & onboarding
Comprehensive training & resources available
Separate or manual processes
Support
Real Aussie Support Team
Offshore or ticket-only
Stay ahead with easyAML
Let's stay ahead, together
The rules aren't final yet. But when they are, we'll be ready and so will you. We'll send you clear updates, free tools, and resources as things unfold.
No panic.
No spam.
Just clarity.
Understanding Tranche 2
FAQs
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Do I need to comply with Tranche 2 now?
As of July 2025, the rules are still being developed. Nothing is enforceable yet.
AUSTRAC has confirmed that businesses are not expected to create policies, develop compliance programs, or implement technology solutions at this stage. The rules are expected to be finalised by 15 December 2025.
There's no need to rush, but being informed early can save you from pressure later.
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What will be required on Day 1
- Be enrolled in the AUSTRAC portal (opening March 2026)
- Have completed a risk assessment
- Have an AML/CTF program in place
- Train your staff and team
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Will these changes definitely happen?
Yes. The government has committed to implementing Tranche 2. It’s not a matter of if, but when.
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What if I do nothing?
When Tranche 2 regulations come into effect, non-compliance could result in serious penalties. Early preparation is your safest bet.
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How much will AML/CTF compliance cost?
That depends on your approach and the volume of customers. easyAML is built to make compliance affordable and scalable for small to medium businesses. For many small businesses using easyAML, it will be around $2,000-4,000 annually. This is without any upfront fees.
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Where can I learn more?
Head to AUSTRAC’s official website for updates, or contact the easyAML team to chat about your next steps.
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Quick guide to key terms:
- AML - Anti-Money Laundering
- AUSTRAC – the government regulator overseeing AML/CTF compliance
- CDD – Customer Due Diligence (knowing and verifying your customers)
- CTF – Counter-Terrorism Financing
- DNFBP - Designated Non-Financial Businesses and Professions
- PF - Proliferation Financing
- SMR – Suspicious Matter Report (filed when something doesn’t look right)
- Tranche 2 – the second phase of AML/CTF reforms, extending to new sectors
- TTR – Threshold Transaction Report (cash transactions ≥ $10,000)
- VASP – Virtual Asset Service Provider (crypto wallets, exchanges, etc.)
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Who will be affected by Tranche 2?
From 1 July 2026, Tranche 2 will likely apply to your business if it offers designated services typically provided by:
- Real estate agents, buyers’ agents, and property developers
- Conveyancers and settlement agents
- Legal professionals, including solicitors and lawyers
- Accountants, bookkeepers, and tax agents
- Jewellery and precious metal dealers (cash/crypto transactions ≥ $10,000)
- Trust and company service providers (TCSPs)
- Virtual asset service providers (VASPs), including wallets, exchanges, and transfers
Note: Virtual asset-related obligations begin earlier, on 31 March 2026.
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What does “designated service” mean?
If your business performs certain financial, legal, or transactional services known as designated services, you are classified as a reporting entity under the AML/CTF Act.
These include services such as assisting clients with buying or selling property, managing money, assets or legal entities on behalf of others, handling large cash or cryptocurrency transactions, or providing services related to trusts, companies, or virtual assets.