22/06/2026
π’ Why are we asking for more information?
From July 2026, new Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) requirements will apply to property transactions across Australia, including here in Western Australia.
As part of these industry-wide changes, you may be asked to provide additional identification and transaction information during the settlement process.
While it may mean a few extra steps, these requirements are designed to help protect Australia's property system and strengthen safeguards against financial crime.
At South Perth Settlements, we're committed to making the process as smooth and straightforward as possible and will guide you through any new requirements along the way.
If you have any questions about what information may be required, our team is here to help.