AML/CTF Compliance for
Real Estate Professionals.
From July 1, 2026, every real estate professional in Australia must verify their clients under AUSTRAC. No exceptions.
Real estate agents, buyer's agents, property developers, conveyancers, property managers and mortgage brokers are now in scope. ShareRing makes compliance instant, reusable, and fully compliant.
A new compliance era for the Australian property sector.
The AML/CTF Amendment Bill 2024 brings real estate into scope for the first time. From July 1, 2026, real estate agents, buyer's agents, property developers, conveyancers, property managers and mortgage brokers must all verify their clients under Australian law. Most have no existing identity verification infrastructure, no AUSTRAC enrolment, and no compliance program in place. The clock is ticking.
Real estate businesses in scope
Every real estate professional across Australia must operate a compliant KYC program from July 1, 2026.
Maximum penalty per violation
Non-compliance with AUSTRAC AML/CTF obligations carries serious financial penalties for firms and individuals alike.
July 1, 2026 is the hard deadline
Enrolment with AUSTRAC opens 31 March 2026. Full compliance must be place by July 1, 2026. There are no extensions for newly regulated professions.
Compliance three steps. For both sides.
ShareRing's reusable verified identity means your clients verify once and share with any participating firm instantly. No paper. No back and forth.
Client verifies once
Your client downloads ShareRing Me, captures their ID document, completes a biometric liveness check, and is verified against DVS, all minutes.
Credential stored on-chain
A verified identity credential is created and stored their personal wallet, cryptographically anchored to ShareLedger for an immutable audit trail.
Shared with your firm instantly
The client shares their verified credential with your firm one tap. Your dashboard updates real time. Green tick. Fully compliant. Done.
Built for Australian property professionals.
Every other solution on the market verifies identity per transaction and throws it away. ShareRing is the only platform with a reusable verified identity wallet, blockchain audit trail, and full AUSTRAC compliance out of the box.
Reusable Verified Identity
Clients verify once and share their credential with any participating firm. No re-verification. No friction. A genuine competitive advantage for your practice.
Blockchain Audit Trail
Every verification is cryptographically anchored to ShareLedger: tamper-evident, timestamped, and independent of any single party. Ideal for regulatory audits.
50–80% Lower Cost
Materially cheaper per verification than Livesign, FrankieOne, and other market leaders. No mandatory SaaS subscription. Built for small and mid-sized firms.
Privacy by Design
Selective disclosure means clients share only what's required. Prove their age without revealing a DOB, confirm their address without exposing passport details.
195+ Countries Supported
Supports 2,500+ document types across 195 countries with NFC ePassport chip reading, critical for agencies with international buyers and sellers.
API-First, White-Label
Embed ShareRing directly into your practice management software. Full SDK for Flutter, iOS, Android, and Web. Own the client experience end to end.
Every AUSTRAC requirement. Covered.
ShareRing Me meets all material ARNECC VOI and AUSTRAC AML/CTF requirements as of March 2026, fully compliant for digital identity verification across all Tranche 2 sectors.
| AUSTRAC Requirement | What It Requires | ShareRing Me |
|---|---|---|
| Customer identification | Full name + DOB or address from reliable, independent source | ✔ Compliant |
| Primary photographic ID | Passport, driver licence: doc capture + OCR extraction | ✔ Compliant |
| DVS electronic safe harbour | Two independent electronic data sources required | ✔ Compliant |
| Biometric verification | Confirms document is presented by its rightful owner | ✔ Compliant |
| Liveness detection | Must confirm a real, live person is presenting the document | ✔ Compliant |
| PEP screening | Politically Exposed Persons screening (AUSTRAC ECDD) | ✔ Compliant |
| Sanctions screening | Targeted financial sanctions checks required as part of ECDD | ✔ Compliant |
| AML screening | Ongoing monitoring for money laundering risk indicators | ✔ Compliant |
| Tranche 2 expansion readiness | Real estate professionals covered from July 1, 2026 | ✔ Tranche 2 |
How we stack.
Not a single competitor matches ShareRing Me's combination of compliance coverage, reusable identity, blockchain audit trail, and cost. Here's how we compare.
| Feature | ShareRing Me | Livesign | FrankieOne | bronID |
|---|---|---|---|---|
| ARNECC VOI (digital) | ✔ | ✔ | ✔ | ✔ |
| AUSTRAC AML/CTF electronic safe harbour | ✔ | ✔ | ✔ | ✔ |
| PEP & sanctions screening | ✔ | ◉ | ✔ | ✗ |
| Reusable verified identity wallet | ✔ | ✗ | ✗ | ✗ |
| Blockchain-backed audit trail | ✔ | ✗ | ✗ | ✗ |
| Selective disclosure / privacy-preserving | ✔ | ✗ | ✗ | ✗ |
| 195+ country document support | ✔ | ◉ | ✔ | ◉ |
| White-label / API-first | ✔ | ✗ | ✔ | ✔ |
| No mandatory SaaS subscription | ✔ | ✗ | ◉ | ◉ |
| 50–80% lower cost per verification | ✔ | ✗ | ✗ | ✗ |
July is closer than you think.
Get your agency compliant before the deadline, without the chaos. ShareRing makes the whole process simple, fast, and fully AUSTRAC compliant.