AML/CTF Hub

Major reforms to the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (Cth) and Australia’s broader AML/CTF regime will take effect for Australian legal practitioners in July 2026.

These new tranche II obligations represent a significant shift for the legal profession. Lawyers will need to familiarise themselves with concepts, terminology, and compliance practices traditionally associated with the financial sector. In addition to understanding this new regulatory landscape, legal practitioners will be required to develop and maintain AML/CTF compliance programs, introducing ongoing obligations that differ markedly from existing legal regulatory requirements.

To support Western Australian lawyers navigate these changes and prepare for the implementation of tranche II, the Law Society of Western Australia has launched the AML/CTF Hub – a dedicated platform to bring together key resources and information from the Law Society of Western Australia, Law Council of Australia and other constituent bodies to assist local practitioners stay informed and prepare for AML/CTF compliance.