When does AUSTRAC enrolment open for Tranche 2 businesses?

AUSTRAC enrolment for Tranche 2 reporting entities opened 31 March 2026 at online.austrac.gov.au. Businesses already regulated under Tranche 1 (financial institutions, gambling operators, and similar) were already enrolled and do not need to re-enrol for Tranche 2 services.

What is the AUSTRAC enrolment deadline for Tranche 2?

The 29 July 2026 transitional enrolment deadline for applicable newly regulated entities has passed. Operating without enrolment after that date is a contravention of s.51B of the AML/CTF Act 2006 ("Reporting entities must enrol") and attracts daily penalties of up to $21,840 per day for bodies corporate. All AML/CTF program obligations commenced 1 July 2026 — They are now in effect.

What information do I need to enrol with AUSTRAC?

You will need your ABN, the legal name and business structure of your entity, the designated services you provide under the AML/CTF Act 2006, your principal place of business address, and the name and contact details of your appointed AML/CTF Compliance Officer. Gather all of these before starting the online form at online.austrac.gov.au.

Is AUSTRAC enrolment the same as registration?

AUSTRAC uses the term 'enrolment' for Tranche 2 reporting entities, completed at AUSTRAC Online (online.austrac.gov.au). Once enrolled, your business appears on the AUSTRAC reporting entity register. This is a separate regulatory requirement from registration with an industry body such as the Law Society or CPA Australia.

What happens after I enrol with AUSTRAC?

After enrolling you receive a AUSTRAC reporting entity number and are required to notify AUSTRAC within 14 days of any material changes to your business, designated services, or compliance officer. Your first Annual Compliance Report is due 30 September 2027, confirming your program is in place and has been reviewed.

Does Klyvon include sanctions screening?

Targeted financial sanctions screening is now part of your AML/CTF program obligation under the AML/CTF Rules 2025 — not a separate exercise. Klyvon's generated program includes the required policy controls for targeted financial sanctions. You will still need to screen clients against the DFAT Consolidated List as part of your CDD workflow. Klyvon does not run live screening checks, but your program documents exactly when and how to do it.

I started providing a designated service after 1 July 2026 — do I still need to enrol by 29 July 2026?

No. The 29 July 2026 date only ever applied to businesses that were already providing a designated service on 1 July 2026, and that date has passed. If you started after 1 July, you have 28 days from the date you started to enrol with AUSTRAC — this rule applies on an ongoing basis, not just around the Tranche 2 rollout. Full explanation and worked examples: https://www.klyvon.com.au/austrac-enrolment-28-day-rule.

Updated July 2026

Field Guide · AUSTRAC Enrolment

AUSTRAC enrolment for Tranche 2. Simple, if you go in prepared.

Every newly captured Tranche 2 business must enrol with AUSTRAC before providing designated services. Here's exactly what to prepare, how to complete the form, and what happens after.

Get your enrolment checklist →Estimate your non-enrolment penalty exposure

31 Mar
Enrolment opens: 29 Jul
Transitional deadline (passed): $21,840/day
Corporate non-enrolment penalty: 14 days
To notify of changes

In this guide

The enrolment window Who must enrol What you need before you start Step-by-step: how to enrol What happens after enrolment Frequently asked questions

I. The Window You Have

How much time is actually between opening and the hard deadline?

Four months on paper. Considerably less in practice, once program obligations are factored in.

nrolment opened 31 March 2026 and the transitional deadline was 29 July 2026 and has passed — a four-month window on paper. But AML/CTF program obligations commenced 1 July 2026, nearly a month before the enrolment deadline itself. Treating 29 July as the date that matters is the most common mistake: enrolling on the last day still leaves a business non-compliant on everything else — the program, the CDD procedures, the staff training — if none of that was built in the meantime.

Businesses providing the service before 1 July 2026

31 Mar 2026

Enrolment opens

29 Jul 2026

Enrolment deadline — passed

Businesses starting the service on any other date

Day you start

any date

+ 28 days

Enrol by

start date + 28

Applies every time — no fixed calendar date, resets to whenever you start

The 29 July 2026 deadline has passed and only ever applied to businesses already providing the service on 1 July 2026. Anyone starting a designated service now, or in future, works on the 28-day rule instead — there’s no calendar deadline to watch.

II. Who Must Enrol

Who must enrol with AUSTRAC?

Any business providing one or more designated services under the AML/CTF Act 2006, as amended.

Law firms & conveyancers

Property transactions, trust/company formation, client fund management

Accountants & tax agents

Company/trust formation, nominee director arrangements, client fund management

Real estate agents

Acting on any purchase or sale transaction, for buyer or seller

Jewellers & precious metals dealers

Cash or virtual asset transactions of $10,000 or more

Not sure if you’re in scope?

Check in under a minute with the free Am I Regulated? tool

Check now →

III. Before You Start

What you need before you open the form

Gather all five before you start — the form doesn't save incomplete drafts well.

✓

ABN (and ACN if you're a company)

Your entity's current ABN, plus your ACN if you operate as a company. If you operate through multiple ABNs (e.g., a trust and a company), you may need separate enrolments for each.

✓

Legal entity name and business structure

Whether you are a company, partnership, trust, or sole trader — AUSTRAC's form varies by structure.

✓

List of designated services

Identify which designated services you provide under the AML/CTF Act. Be specific — AUSTRAC's form asks you to select from pre-defined categories.

✓

Compliance Officer details

Full name, title, and contact details for your appointed AML/CTF Compliance Officer. If not yet appointed, do this first.

✓

Principal place of business address

Your registered business address in Australia.

IV. Step-by-Step

How to enrol, from account creation to confirmation

Six steps from opening AUSTRAC Online to your confirmed reporting entity number.

Go to AUSTRAC Online

Navigate to online.austrac.gov.au. Create an account using your ABN and business email address.

Select 'Enrol as a reporting entity'

Choose the correct entity type (company, partnership, sole trader, etc.) and select 'Tranche 2' as the enrolment category.

Complete the Business Profile Form

Enter your ABN, legal name, business address, and select the designated services you provide from the dropdown lists.

Provide Compliance Officer details

Enter the name, position, and contact details of your AML/CTF Compliance Officer. This is a mandatory field.

Submit and receive confirmation

AUSTRAC will send a confirmation email with your reporting entity number. Keep this on file — you will need it for future correspondence.

Notify AUSTRAC of changes within 14 days

14 days

If your business details, designated services, or compliance officer change, log back into AUSTRAC Online to update your enrolment.

V. After You Enrol

What happens after enrolment?

Enrolment confirms your identity to AUSTRAC — it doesn't confirm your program is compliant.

Enrolment is the start, not the end. Once enrolled, you must have your AML/CTF program implemented, your CDD procedures active, and your staff trained — all required now that obligations are in effect. The commencement date was 1 July 2026. Your obligations from that point are governed by the AML/CTF Act 2006 and AML/CTF Rules 2025.

30 Sep

First Annual Compliance Report due 30 September 2027

Confirms to AUSTRAC that your program is in place and has been independently reviewed.

VI. Reference

Frequently asked questions

Skip the paperwork — get your enrolment checklist built for you

Klyvon generates your AML/CTF program, enrolment guide, and compliance documents for review. Free plan — no credit card required.

Get my enrolment checklist →

Free to start · cancel anytime

Primary sources

AUSTRAC — Tranche 2 reform guidance

Last updated 20 August 2026 · Klyvon Compliance Team

Related resources

Complete Tranche 2 Guide

The full obligations picture

AUSTRAC Penalty Register

Every enforcement action since 2006

Am I Regulated?

Quick scope checker

Tranche 2 Deadlines

Every key date in one place

What is an AML/CTF Program?

Plain English explainer

All resources

Every guide, sector explainer and tool