From 1 July 2026, WA Property Lawyers are required to comply with new regulatory obligations as part of reforms to Australia’s Anti-Money Laundering and Counter-Terrorism Financing Act (AML/CTF Act).

What is AML/CTF?

Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) refers to laws, regulations, and procedures aimed at uncovering efforts to disguise illicit funds as legitimate income and to stop the funding of terrorist activities.

These laws require organisations, such as WA Property Lawyers, to conduct Customer Due Diligence (CDD)/ Know Your Customer checks (KYC) on its clients and related parties. This verification process is an important part of helping WA Property Lawyers to comply with its AML/CTF obligations.

WA Property Lawyers uses an automated verification and workflow management tool to comply with these laws, with the goal of making the process as quick and easy as possible for its clients (you).

Obligations

To comply, WA Property Lawyers must conduct CDD/KYC. This involves understanding the ownership structures of its clients, whether such clients are individuals, companies, trusts, or otherwise. No matter the type, WA Property Lawyers must conduct identity verification on every associated individual. This is where you come in.

What will you be asked to provide?

We will email or text you a link to an electronic verification form which you will need to complete online.

Identity & entity information

You will be asked to provide information to confirm your:

  • name
  • date of birth
  • address

In the case of companies and trusts, the directors, shareholders, trustees, and any non-discretionary beneficiaries may also need to provide information.

Where a trust is involved in the transaction, the trust deed will need to be provided.

Additional documentation may be required based on legislation requirements. For example, evidence of source of funds/source of wealth.

How will your information be used?

Your information will be used for the sole purpose of WA Property Lawyers complying with its AML/CTF obligations.