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REIWA appoints First AML as preferred AML compliance provider for WA members
13 October, 2025
Perth, Australia, October 13, 2025 – The Real Estate Institute of Western Australia (REIWA) today announced it has appointed First AML as its preferred anti-money laundering and counter-terrorism financing (AML/CTF) compliance provider for members across Western Australia.
As the peak industry body representing over 1,350 member agencies – more than 90 per cent of the state’s real estate sector – and 9,700 individual members, REIWA plays a central role in supporting a stable property market across all sectors. This new partnership builds on REIWA’s proud history as a PropTech pioneer, ensuring members are equipped with the tools and guidance needed to adapt to Tranche 2 reforms.
REIWA President Suzanne Brown said: “REIWA has always championed innovation and practical solutions for our members. With Tranche 2, agencies are facing one of the biggest regulatory shifts our sector has ever seen. We know compliance cannot come at the cost of efficiency or service to clients."
"First AML brings proven technology and hands-on expertise that make compliance achievable in day-to-day agency life. This partnership gives our members confidence that they can meet their new obligations while continuing to deliver the service standards Western Australians expect.”
First AML’s platform supports agencies across the full compliance lifecycle – including identity verification, ownership structure analysis, automated risk assessments, ongoing monitoring and secure record keeping. Through partnerships with Alpha AML Training and One AML, WA members will also benefit from integrated training and advisory support tailored to the real estate sector.
First AML CEO Milan Cooper said: “We’re proud to work with REIWA, an institute with such a strong history of advocacy and innovation. Western Australia’s real estate sector is unique in its scale and diversity, spanning everything from residential to agricultural. REIWA’s leadership ensures its members have a clear and practical path forward to meet their AML obligations well ahead of 1 July 2026.”
To support the rollout, REIWA and First AML will deliver a staged education programme over the coming months. This will include tailored webinars, in-person events and regular updates aligned with AUSTRAC milestones, giving members the knowledge and confidence to embed AML/CTF processes across their businesses.
About REIWA
The Real Estate Institute of Western Australia (REIWA) is the peak body for the real estate profession in WA, representing over 1,350 member agencies and 9,700 individual members, covering more than 90 per cent of the state’s real estate activity. REIWA has a proud history of innovation as a PropTech pioneer and advocates for policies that support a stable property market across all sectors including residential, commercial, industrial and agricultural real estate.
About First AML
First AML comes from the perspective of both a technology provider, but also as compliance professionals. Prior to releasing, First AML’s all-in-one AML workflow platform, we processed over 2,000,000 AML cases ourselves. Understanding the acute problem that faces firms these days as they try to scale their own AML, is in our DNA.
That's why First AML now powers thousands of compliance experts around the globe to reduce the time and cost burden of complex and international entity KYC. Source stands out as a leading solution for organisations with complex or international onboarding needs. It provides streamlined collaboration and ensures uniformity in all AML practices.
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