Episode 73: The AML Tranche 2 Deadline Accountants Can’t Ignore

In this episode of Tax Yak, your co-host George Housakos (Senior Tax Trainer – TaxBanter) yaks with Conrad Gilbert (Knowledge Shop) -in order to determine if your accounting firm is ready the new AML/CTF Tranche 2 Mandatory Reporting Obligations to the Australian government statutory regulatory agency.  Conrad works with the profession to navigate the practical impact of change on professionals, their practices, and their clients. He has over 35 years’ experience in the Financial Services Industry. In addition to his work with Knowledge Shop, Conrad is currently completing a PhD at Griffith University. He holds an MBA and Post Graduate Diploma in Business Administration from the University of Qld, and a Graduate Diploma in Research Studies and a Bachelor of Commerce from Griffith University.Australia’s AML/CTF Tranche 2 reforms are approaching fast — and from 1 July 2026, accountants will officially step into a new regulatory era. In our upcoming episode, we break down what this shift really means for accounting firms.Join us as we unpack the biggest adjustments ahead, from identifying designated services to navigating redesigned customer due diligence requirements. We’ll explore where firms should begin with ML/TF risk assessments, how to balance confidentiality with reporting duties, and what a proportionate AML/CTF program looks like for smaller suburban practices.With AUSTRAC’s new sector‑specific guidance and starter kits now available, this episode is your essential roadmap to getting Tranche 2‑ready — confidently, efficiently, and without the overwhelm. Listen to Episode 73 :  The post Episode 73: The AML Tranche 2 Deadline Accountants Can’t Ignore appeared first on TaxBanter.