03/07/2026
From 1 July 2026, new AML/CTF requirements apply to law firms and conveyancing/property transactions.
For clients, this means there may be some additional checks at the start of a matter, including identity verification, “know your customer” questions, risk assessment, and in some cases information about the source of funds or the nature of the transaction.
We appreciate this can feel like extra paperwork, but the aim is to keep transactions compliant, secure and properly documented.
At Bolck Law, we have been preparing for these changes so we can guide clients through the process as clearly and practically as possible.
Clearer checks. Practical guidance. Less last-minute confusion.
www.bolcklaw.com.au
