If you’re a business broker, you may be wondering whether AML / Tranche 2 applies to you.
The short answer is: very likely, yes.
Why Business Brokers Are Included
AML / Tranche 2 targets industries involved in transferring ownership and large sums of money.
Business brokers regularly:
-
Facilitate business sales
- Handle negotiations between buyers and sellers
- Work with companies, trusts, and complex structures
This places them squarely within the scope of the new regulations.
What You Will Likely Need to Do
Business brokers will need to:
- Verify identities of both buyers and sellers
- Understand ownership structures
- Assess risk levels
-
Monitor transactions
- Keep compliance records
Why This Is More Complex Than Real Estate
In many cases, business sales are actually more complex than property transactions due to:
- Multiple entities involved
- Hidden beneficial ownership
-
International buyers
- Variable deal structures
This increases both risk and compliance requirements.
The Need for the Right System
Manual compliance is not realistic.
You need a structured system that can:
- Handle identity verification
- Track documentation
- Maintain audit trails
-
Scale with your business
Solutions like PEXA Clear are designed specifically for this.
How MantisProperty Supports Business Brokers
We are building integration with PEXA Clear so business brokers can:
-
Manage compliance directly within MantisProperty
- Link checks to deals and contacts
- Stay compliant without adding admin overhead
Register Early
You can get started here:
👉 https://register.pexaclear.com.au/s/
AML / Tranche 2 is not just a real estate issue.
If you are involved in business sales, you should assume compliance will apply to you and prepare accordingly.
Getting the right systems in place now will save time, reduce risk, and position your business ahead of the market.