Anti- Money Laundering and Counter Terrorism Financing Laws- Started 1st July 2026

Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) laws are designed to prevent businesses from being used to facilitate money laundering, terrorism financing, and other serious financial crimes. Money laundering is the process of disguising the proceeds of criminal activity to make them appear legitimate, while terrorism financing involves providing or collecting funds to support terrorist activities.

The real estate industry is recognised as being vulnerable to money laundering due to the high value and complexity of property transactions. As a result, the Australian Government has expanded the AML/CTF regime through the Anti-Money Laundering and Counter-Terrorism Financing Amendment Act 2024 (Cth) (Tranche 2 Reforms), bringing real estate businesses within the scope of the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (Cth).

LANDED™️ is committed to complying with all applicable AML/CTF legislation and maintaining effective systems and controls to identify, assess, and manage the risks of money laundering, terrorism financing, and other financial crimes. This policy outlines the Company's approach to meeting its legal obligations, protecting its business and clients, and supporting the integrity of Australia's property market.

To meet our legal obligations, we may request information and documentation from customers before or during a business relationship. This may include proof of identity, residential address, date of birth, company or trust information, details of beneficial owners, the source of funds or source of wealth used for a transaction, and any other information reasonably required to verify a customer's identity or assess the level of money laundering or terrorism financing risk. Where required by law, we may also conduct sanctions screening, politically exposed person (PEP) screening, and ongoing customer due diligence throughout the course of our business relationship.

This policy applies to all directors, employees, contractors, and representatives of LANDED™️ who provide designated services under the AML/CTF Act. Compliance with this policy is mandatory and forms part of the Company's overall governance and risk management framework.

This wording is consistent with the Tranche 2 reforms and gives your agency flexibility to request additional information where needed without being overly prescriptive.

AML/CTF Customer Notice

Important Information About Identity Verification

As part of our legal obligations under Australian Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) laws, including the Tranche 2 reforms, LANDED™️ is required to take steps to identify and verify customers and manage risks associated with financial crime.

When you engage our services, we may ask you to provide information and documents to confirm your identity and, where required, understand the nature of a transaction.

This may include:

  • Full name and contact details.

  • Date of birth.

  • Residential address.

  • Government-issued identification.

  • Company, trust, or ownership information.

  • Details of beneficial owners or controlling persons.

  • Information about the source of funds or wealth where required.

We collect this information to:

  • Meet our legal and regulatory obligations.

  • Protect our clients and business from fraud and financial crime.

  • Maintain a safe and transparent property market.

The information you provide will be handled securely and managed in accordance with our Privacy Policy.

Failure to provide required information may mean we are unable to provide certain services or proceed with a transaction.

If you have any questions about our AML/CTF requirements, please contact:

LANDED™️
Phone: 0404 880 869
Email: info@landed.net.au