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Accounting profession joins Australia's first cross-sector AML/CTF forum as Tranche 2 obligations take effect

Accounting professionals across Australia will join the first forum to bring all four Tranche 2 affected professions together in one session, when InfoTrack convenes The Industry Collective Speaks on 18 June 2026, opened by Brendan Thomas, Chief Executive Officer of AUSTRAC.

 

The accounting profession’s position under Tranche 2 is unlike that of any other regulated sector at the table. Accounting’s designated services span entity formation, financial management, and advisory relationships that give the profession access to beneficial ownership information other Tranche 2 entities do not routinely hold. That perspective has until now existed in a separate forum from the conversations taking place across legal, real estate, and conveyancing. On 18 June, for the first time, those perspectives are in the same room.

 

Chartered Accountants Australia and New Zealand will be represented on the panel by Senior Policy Advocate Jill Muir, alongside AUSTRAC’s Chief Executive Officer, the NSW Law Society, the Australian Institute of Conveyancers NSW, the Real Estate Institute of New South Wales, and Grant Thornton.

 

“Accounting professionals hold a view of entity structure and beneficial ownership that no other Tranche 2 profession routinely accesses,” said John Ahern, CEO of InfoTrack.

 

“What this forum creates, for the first time, is a conversation where that knowledge sits alongside the legal obligation, the mechanics of the transfer, and the direct input of the regulator. The questions about designated services, about how customer due diligence works within long-standing client relationships, and about what an adequate program looks like for practices of different sizes, those are addressed here, collectively, in a way no single-sector forum can replicate.”

 

The forum is complimentary and open to accounting professionals nationally. Attendees will receive post-event guides and on-demand resources to close gaps in your program before and after 1 July.