Newly captured from 1 July 2026
Accountants & tax practices
Accounting and tax practices are captured where they provide designated services such as forming companies and trusts, managing client money, or assisting with property and business transactions. A single low-volume service can bring your practice into scope.
What brings you into scope
Common designated-service triggers
Buying or selling real estate or business entities
Preparing or carrying out transactions involving the transfer of real estate or business entities on behalf of a client.
Managing client money or assets
Receiving, holding, controlling or managing client money, accounts or other assets.
Creating or operating companies and trusts
Setting up or running companies and trusts, or acting as (or arranging) a director, secretary, nominee shareholder or trustee.
Providing a registered office
Providing a registered office or principal place of business address for a client entity.
Your obligations
What you must put in place
These map directly to our service modules — we can build the program, run it for you, or evaluate one built elsewhere.
See our services- Enrol on the AUSTRAC Reporting Entity Roll
- Appoint an AML/CTF compliance officer
- Complete a business-wide ML/TF/PF risk assessment
- Maintain a written, approved AML/CTF program
- Perform customer due diligence before designated services
- Report suspicious matters and threshold transactions
- Keep records for seven years
Other segments: Lawyers · Real estate · Remitters
Not sure where you stand?
Talk to us directly — 1300 557 173, or hello@kestrelassurance.com.au.