Trust & Company Services • ARCaml • AUSTRAC Tranche 2

ARCaml for TCSPs: Compliance Made Simple

If you set up companies or trusts, Tranche 2 is about to become part of your daily workflow. Starting July 2026, you'll need to:

Verify every client's identity Confirm beneficial owners and controllers Screen for PEPs and sanctions Keep records for seven years

TCSPs: Creating Structures That Can Be Exploited

From 1 July 2026, Trust & Company Service Providers have AML/CTF obligations. AUSTRAC identifies that criminals use business structures and trusts to hide beneficial ownership and create distance between themselves and criminal proceeds.

TCSP Designated Services

  • Creating, restructuring or forming body corporates or legal arrangements
  • Acting as director, secretary or trustee
  • Acting as nominee shareholder
  • Providing registered office or business address
  • Managing money, securities or property
  • Selling shelf companies
  • Assisting corporate transactions

Why TCSPs Are Targeted by Criminals

  • • Create corporate veils to obscure ownership
  • • Establish layered trust structures
  • • Provide nominee directors/shareholders
  • • Give appearance of legitimacy
  • • Enable cross-border structuring

You may not know you're helping criminals-which is why these obligations exist.

Client Behaviour Red Flags

  • • Avoids face-to-face meetings
  • • Doesn't understand their own business
  • • Ends relationship when asked for info
  • • Unusual knowledge of AML/CTF rules
  • • Pays higher fees without clear reason

Complex Structure Red Flags

  • • Requests to hide beneficial ownership
  • • Large volumes of company creation
  • • Shell/shelf company usage
  • • Transfers with no apparent purpose
  • • Multiple layers of holding companies

Foreign Jurisdiction Red Flags

  • • Structures in tax haven jurisdictions
  • • Foreign PEPs or associates
  • • No local business presence
  • • Complex cross-border arrangements
  • • Sanctioned country connections

Key Dates for TCSPs

  • 31 March 2026: AUSTRAC enrolment opens
  • 1 July 2026: AML/CTF obligations commence
  • 29 July 2026: Enrolment deadline (within 28 days of first designated service)

How ARCaml Solves Your Compliance Challenge

ARCaml is a CDD as a Service platform that handles your customer due diligence for complex corporate and trust structures.

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Identity Verification

Automated KYC for directors, shareholders, trustees, and beneficial owners

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Beneficial Ownership

Unwrap complex structures to identify ultimate beneficial owners

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Source of Funds

Verify funding for company formation, trust settlements, and capital

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PEP & Sanctions

Screen all parties against global PEP, sanctions, and adverse media