Anti-money Laundering and Counter-terrorism Financing (AML/CTF) Obligations for Agents
From 1 July 2026, anti-money laundering and counter-terrorism financing (AML/CTF) obligations will apply to designated services typically provided by tranche 2 entities. Real estate professionals will be required to comply with key obligations to protect their businesses from misuse by criminals.
As a professional, it’s crucial to understand these obligations and ensure your business is fully compliant.
Here’s a timeline of the most important dates you need to be aware of:
- October 2025: Core Guidance released.
- January 2026: Sector-specific guidance released, including template risk.
- 31 March 2026: Enrolment opens for Tranche 2 entities.
- 1 July 2026: AML/CTF obligations commence for Tranche 2 entities.
To help you we’ve prepared fact sheets for real estate agencies with a summary of information on the new obligations:
REIA x First AML Partnership
To support the industry through this transition, REIA is also proud to announce our exclusive partnership with First AML, a leading provider of regulatory technology solutions. First AML’s all-in-one AML/KYC platform will assist members in meeting compliance requirements through seamless system integration.
First AML have been delivering AML solutions to the Real Estate Industry in New Zealand and the UK for the past 6 years. First AML’s end to end solution ensures Real Estate businesses stay compliant, while providing an easy experience for clients. If you’d like to start a discussion on preparing your business for the upcoming AML legislation, please reach out to them directly or visit their website here.
