Builders and developers must meet anti-money laundering laws
New federal AML/CTF laws take effect 1 July 2026, requiring builders and developers to comply with anti-money laundering and counter-terrorism financing obligations.
Anti-money laundering laws take effect from 1 July 2026
What are the new anti-money laundering laws for builders from July 2026?
Builders and developers must prepare compliance processes before the July 2026 deadline or risk penalties.
Key takeaways
- New federal anti-money laundering laws will start on 1 July 2026.
- Builders and developers must comply with the new AML/CTF requirements.
- The laws target money laundering and counter-terrorism financing in construction.
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