Statutory deadline
1 July 2026
The date every Australian real estate agency becomes a reporting entity under the AML/CTF Act.
55
calendar days remaining · 39 business days · 7 weeks
What you must have in place
- AUSTRAC enrolment. Every agency must enrol as a reporting entity. Online enrolment; ~20 minutes. Korvos drafts the enrolment bundle in one click.
- AML/CTF programme. A documented programme covering customer due diligence, transaction monitoring, record keeping, and training. Korvos generates all 18 sections in ~15 minutes.
- Risk assessment. Four-factor AUSTRAC assessment across customer, service, geography, and delivery channel.
- Compliance officer. Named, fit-and-proper, appointed. The principal can be the CO — Korvos makes the role trivial to hold.
- Training. Every AML-relevant person certified across the 12-topic AUSTRAC curriculum; annual recertification.
- Retention. 7-year record keeping on every designated service. S3 Object Lock, Sydney.