Tranche 2 Entities

AML Compliance for Tranche 2 Entities

Navigate complex AML obligations with confidence. Specialised advisory services for real estate professionals, lawyers, accountants, and jewellers facing new regulatory requirements.

Understanding Tranche 2 Requirements

Tranche 2 of Australia's Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) regime extends compliance obligations to designated non-financial businesses and professions (DNFBPs). These entities now face complex regulatory requirements that demand specialised expertise and tailored solutions.

Lane Consulting provides the guidance you need to implement robust compliance frameworks, mitigate risks, and ensure ongoing adherence to AUSTRAC requirements while maintaining operational efficiency.

Read our Tranche 2 insights

Key Compliance Areas

Customer Due Diligence (CDD)

Comprehensive identity verification and risk assessment procedures for all clients and transactions.

Enhanced Due Diligence (EDD)

Additional scrutiny measures for high-risk customers, politically exposed persons, and complex transactions.

Ongoing Monitoring

Continuous surveillance of client relationships and transaction patterns to identify suspicious activities.

Record Keeping

Systematic documentation and retention of all compliance-related records and transaction data.

Reporting Obligations

Timely submission of suspicious matter reports (SMRs) and threshold transaction reports (TTRs) to AUSTRAC.

Risk Assessment

Regular evaluation and documentation of money laundering and terrorism financing risks specific to your business.

Specialised Expertise Across Key Sectors

Tailored compliance solutions designed for the unique challenges and requirements of each Tranche 2 sector.

Real Estate Professionals

Comprehensive AML compliance for real estate agents, property developers, and property management companies navigating complex transaction reporting requirements.

Key Challenges

  • High-value transactions
  • Complex ownership structures
  • International buyers
  • Cash settlements

Our Services

  • Transaction monitoring systems
  • Customer due diligence protocols
  • Beneficial ownership identification
  • Suspicious activity reporting

Legal Practices

Specialised guidance for law firms and legal practitioners managing client trust accounts and complex legal transactions under AML obligations.

Key Challenges

  • Client confidentiality vs compliance
  • Trust account management
  • Complex corporate structures
  • Cross-border transactions

Our Services

  • Client identification procedures
  • Legal privilege frameworks
  • Trust account monitoring
  • Risk assessment protocols

Accounting Firms

Expert advisory for accounting practices implementing robust AML frameworks while maintaining client service excellence and professional standards.

Key Challenges

  • Client data sensitivity
  • Multiple service types
  • Regulatory complexity
  • Professional obligations

Our Services

  • Enhanced due diligence
  • Risk categorisation systems
  • Ongoing monitoring protocols
  • Compliance training programs

Jewellers & Precious Metals

Tailored compliance solutions for precious metals dealers and jewellery retailers managing high-value, cash-intensive transactions.

Key Challenges

  • Cash-intensive business
  • High-value items
  • Anonymous buyers
  • International trade

Our Services

  • Cash transaction protocols
  • Customer verification systems
  • Inventory tracking compliance
  • Suspicious transaction identification

Why Choose Lane Consulting

Our deep sector expertise and practical approach ensure compliance solutions that work for your business.

Sector Expertise

Deep understanding of the unique challenges and requirements facing each Tranche 2 sector.

Practical Solutions

Compliance frameworks designed to work within your existing business operations and workflows.

Regulatory Knowledge

Up-to-date expertise on AUSTRAC requirements and evolving AML legislation affecting your industry.

Risk Mitigation

Comprehensive strategies to protect your business from regulatory penalties and reputational damage.

Ready to Ensure Tranche 2 Compliance?

Our expert team is ready to guide you through complex AML requirements and help you implement robust compliance frameworks tailored to your sector.