Australia’s real estate and business sales industries are about to undergo a major regulatory shift with the introduction of AML / Tranche 2 legislation.
From 1 July 2026, agencies and brokers will be required to implement formal compliance systems to verify clients, assess risk, and monitor transactions.
At MantisProperty, we’ve been preparing for this change - and we’re pleased to announce our partnership with PEXA Clear to deliver a fully integrated compliance solution.
What is AML / Tranche 2?
AML stands for Anti-Money Laundering, and Tranche 2 expands Australia’s AML/CTF laws to include industries such as:
- Real estate agencies
- Business brokers
- Legal and accounting services
These industries are now considered higher risk for financial crime due to the movement of large amounts of money and complex ownership structures.
From July 2026, businesses in these sectors will be required to:
- Verify client identity
-
Conduct risk assessments
- Monitor transactions
- Report suspicious activity
- Maintain audit-ready records
Why This Is Mandatory
This is not optional.
If your business is involved in property or business transactions, you will need a compliant system in place by 1 July 2026.
Failing to comply could result in:
- Significant fines
- Legal exposure
- Reputational damage
Just as importantly, trying to manage compliance manually will quickly become unworkable as your business grows.
Our Compliance Partner: Pexa Clear
To ensure our users have access to a best-in-class solution, we are integrating MantisProperty with PEXA Clear.
PEXA Clear provides:
-
Digital identity verification
- Secure document collection
- Automated risk assessments
- Ongoing compliance tracking
This allows compliance to become part of your normal workflow rather than a separate, time-consuming process.
Register Early
We recommend registering with PEXA Clear now so you’re ready ahead of the rollout:
👉 https://register.pexaclear.com.au/s/
What We’re Building
Our integration will allow you to:
-
Trigger identity verification directly from MantisProperty
- Link compliance records to contacts and transactions
- Track verification status in real time
- Maintain full audit trails automatically
Timeline
We are already building this functionality and will release it well before the July 1, 2026 deadline, giving your team time to get set up and trained.
Learn More
We’ve also created detailed guides for specific industries:
AML / Tranche 2 for Real Estate Agencies
AML / Tranche 2 for Business Brokers
AML / Tranche 2 is a major change, but with the right systems in place, it becomes manageable.
With PEXA Clear integrated into MantisProperty, you’ll be ready, compliant, and operating more efficiently.