Real Estate
The Customer Is Both the Seller and the Buyer: Real Estate's Least Expected CDD Rule
AUSTRAC is blunt: broker a property sale and the customer is both the seller and the buyer. You must run initial CDD on the side you do not act for. The workable part is the clock: 28 days after exchange of contracts, or 3 days before the initially agreed settlement day, whichever comes first. Here is the rule, the auction scenario AUSTRAC itself walks through, and what to do when the other side will not cooperate.
2026-08-279 min read
Real EstateAML Compliance for Real Estate Agents: Your Complete Guide for 2026
A practical guide for Australian real estate agents on AML/CTF obligations under AUSTRAC Tranche 2. Covers designated services, customer due diligence, red flags, and how to build your compliance program before 1 July 2026.
2026-04-088 min read