04/06/2026
From 1 July 2026, new Australian AML/CTF laws will change how clients work with lawyers, accountants, real estate agents and other professional advisers.
You may soon be asked for more ID and additional documentation as part of certain services and transactions.
These are legislated Government reforms designed to help prevent money laundering, fraud and financial crime across Australia.
Craig Hong, Hillhouse Director and Compliance Officer explains more in his article here: https://loom.ly/WApb2Ao