News Summary: Under Tranche 2 reforms, Australia’s AML/CTF regime will undergo its most significant expansion in nearly two decades. All reporting entities will need to strengthen identity verification and customer due diligence processes. Entrust Identity Verification unifies Australia DVS checks, biometrics, and AI‑driven fraud controls for all‑in‑one Australia-ready identity verification.
Tag: AML/CTF
Compliance, Global Security News, Network Security
Major Real Estate and Legal Firms Partner with My Databoss Ahead of Landmark AML Reforms
As Australia edges closer to the Tranche 2 anti-money laundering and counter-terrorism financing (AML/CTF) reforms, compliance platform My Databoss has secured partnerships with several prominent industry leaders. Major real estate networks Barry Plant and Di Jones, legal firm Owen Hodge Lawyers, and commercial property specialist X-Commercial have all selected Australian-made My Databoss to prepare for…