Risk Alert — Enhanced Due Diligence Required
A Politically Exposed Person (PEP) has been identified as a director and beneficial owner of the purchasing entity. AUSTRAC requires Enhanced Due Diligence (EDD) before this transaction can proceed.
Purchase Price
$1,180,000
Deposit: $118,000
Settlement Date
30 Apr 2026
Created 25 Mar 2026
Vendor
Brisbane Property Group
Solicitor: Mitchell & Associates
Checklist
6/11
Chen Holdings Pty Ltd
Purchaser
ABN: 47 123 456 789
Checked: 26 Mar 2026
PEP match — director Li Wei flagged in AUSTRAC database
Li Wei
Director / Beneficial Owner
DOB: 18/11/1965 · Passport
Checked: 26 Mar 2026
Politically Exposed Person (PEP) — requires Enhanced Due Diligence
Jennifer Chen
Director
DOB: 03/04/1972 · Driver Licence
Checked: 26 Mar 2026
Conveyancer Checklist
6 of 11 complete
Client identity verified (KYC)
Source of funds verified
Contract of sale reviewed
Deposit received & receipted
Finance approval confirmed
Building & pest inspection completed
Transfer duty calculated & paid
Title search & encumbrances cleared
Settlement figures confirmed with lender
Settlement booked on PEXA
AML/CTF transaction report filed