Skip to content

AML/CTF Tranche 2 Readiness Survey - Update June 2026

ALPMA is conducting this quick survey to better understand where Australian law firms currently sit on their AML/CTF Tranche 2 journey with 30 days left to comply - 1 July 2026 commencement date. This survey is open to ALPMA member and non-member firms.

Your responses will help us map industry readiness, identify common gaps and concerns, and tailor practical support – if firms still require – that matches where firms actually are.

ALPMA is hosting Brendan Thomas, CEO AUSTRAC on our 19 June webinar. If you would like to ask a question submit below.

All submissions will be kept confidential.
1.Are you, someone at your firm or is your Firm an ALPMA Member?
2.What size is your law firm?
3.In which State/Territory are you located?
4.Are you located:
5.Has your firm confirmed whether it is a reporting entity under Tranche 2?
6.Does your firm currently provide any services that may be “designated services” under the AML/CTF reforms (e.g. conveyancing, business sales, trust/company structuring, managing client funds)?
7.Which type of services does your firm currently provide or you are concerned may fall under Designated Services?
(Select all that apply. Note: some may be “designated services” under AML/CTF Tranche 2.)
8.At your firm, who is primarily responsible for leading the AML/CTF response?
9.How would you describe your firm’s current stage on the AML/CTF journey?
10.How much time per week (in hours) is your firm spending on getting ready for 1 July 2026?
11.How confident are you that your firm will meet its AML/CTF obligations by 1 July 2026 if you continue at your current pace?
12.What are your firm’s top concerns about AML/CTF implementation? (Select up to three.)
13.Which of the following AML/CTF components has your firm already started work on? (Select all that apply.)
14.How do you currently plan to handle customer due diligence (CDD) and verification of identity (VOI)?
15.How prepared do you feel your staff are, in terms of knowledge and confidence, to play their role in AML/CTF (e.g. onboarding checks, spotting red flags, escalation processes, SMR)?
16.What level of external support is your firm likely to seek for AML/CTF? (Select all that apply.)
17.Has your firm engaged an AML/KYC/VOI technology supplier?
18.Overall, how would you rate your firm’s readiness for AML/CTF Tranche 2 today?
19.Has your firm completed AUSTRAC enrolment?
20.Is there any information or support ALPMA could help you with?
21.Would you like ALPMA to ask Brendan Thomas, CEO AUSTRAC, a question on your behalf in our webinar scheduled for 19 June 2026?