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AML & KYC Changes
and Commercial Property

New AML (anti-money laundering) and KYC (know your customer) regulations are being introduced across the real estate industry, bringing a more structured and transparent approach to property sale transactions.

Our Approach

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We’ll guide you through what’s required, keeping the process simple at every step.


This process is mandatory for property sales and acquisitions under AML/CTF (anti-money laundering and counter-terrorism financing) regulations, ensuring we meet our legal obligations while protecting clients and the broader community. Most clients complete it quickly once documents are provided.

These five steps outline how this works in practice, from initial information through to completion. If you have any questions at any stage or would like to understand how this may apply to your property sale or acquisition, our team is here to help.

Our obligations

From 1 July 2026, new federal laws will require our business, along with many other professional service providers, to comply with Australia’s Money Laundering and Counter-Terrorism Financing (AML/CTF) rules.

Under these laws, all regulated businesses must:
• verify the identity of their clients
• understand the purpose of each matter or transaction
• assess and document risks
• keep clear, accurate records of decisions

We are legally required to complete these checks before we can provide services.

Why these checks matter

Money laundering is a significant issue in Australia. Criminals use legitimate businesses to disguise billions of dollars in illegal funds each year.
These funds fuel:

• drug trafficking
• human exploitation
• terrorism
• large-scale financial fraud

Strong AML controls help stop criminal networks from using professional services to move or hide illicit money.

Every identity check and risk assessment contributes to protecting our clients, our industry and our community.

Privacy and security

We take privacy and data security seriously. Any information you provide is handled in accordance with:

• Australian privacy laws
• our professional confidentiality obligations
• strict AML/CTF regulatory requirements

All documents and personal details are stored securely, accessed only by authorised staff, and protected through encrypted systems and controlled processes.

If you have any concerns or questions, please contact Nella Kuitunen at nella.kuitunen@rangecommercial.com.au or 0421 736 866

Our commitment to responsible data handling

Your data is used only for identity verification, compliance checks and onboarding purposes. We do not share information for marketing, and we do not sell or trade client data. For more information please refer to our privacy policy.

Read Our Privacy Policy

What This Means For You

No. These requirements apply to property sales and acquisitions only. They do not apply to leasing, property management or other non-sale transactions.

As part of Australia’s anti-money laundering laws, we’re required to verify the identity of all clients before we can begin working together. It’s a standard requirement across the industry and helps protect against financial crime.

These requirements apply to all clients, regardless of how long we’ve worked together. If your details are already up to date, the process is typically quick — we just need to confirm and record them again.

Depending on the transaction, we may request identification, proof of address, and in some cases information about ownership structures or source of funds. We’ll guide you through exactly what’s required.

For certain transactions, we’re required to understand where the funds are coming from. This helps assess and manage financial crime risk and is a standard part of the compliance process.

We’re legally required to complete these checks before we can proceed. If we’re unable to collect the necessary information, we may not be able to move forward with your transaction.

In most cases, no. The process is designed to run alongside your transaction and can be completed quickly once the required information is provided. Delays are only likely if information is incomplete or additional clarification is needed.