Australia's new Anti-Money Laundering (AML) laws require real estate agencies to verify the identity of buyers and sellers.
You may be asked to:
These checks are a standard part of the new legislation and help protect everyone involved in property transactions.
Learn more: Read AUSTRAC Identification Explained here.
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Australia's Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) laws have expanded to include the real estate industry. As part of these new legal requirements, real estate agencies are no