MIA Members only.
Superyacht Australia has extended an invitation to MIA members to attend their upcoming webinar series on the newly reformed Know Your Customer (KYC) obligations. MIA thank Superyacht Australia for providing their members with the opportunity to be part of these informative and timely sessions, reflecting the strong and collaborative relationship between the associations.
Please note that the first webinar in the series is tailored specifically for marina operators, while the second session is designed for service and product suppliers.
Navigating 2026 – The KYC Obligations
From 1 July 2026, most marine businesses will be required to verify the ownership of the entities they invoice and be ready to prove their own. Two obligations. One deadline. This webinar series is designed to make sure every member meets both.
The Australian Tranche 2 AML/CTF reforms extend Know Your Customer (KYC) obligations, until now confined largely to the financial sector, across the marine industry. For the first time, businesses operating in this sector must verify the ultimate beneficial ownership of the entities they service and maintain documentation of their own. No verification means no service. Non-compliance carries civil penalties of $33 million per contravention and criminal liability for individuals.
Webinar Sessions
Two sessions will be held – please register for the one that best suits your business.
After registering, the online link will be emailed 24 hours before the scheduled webinar session.
Wednesday 8 April
11:00 am AEST (90 mins)
For vessel agents, managers, brokers, customs agents, bunker suppliers, shipyards and marinas – those who must verify the entities they service, and who will shortly be asked to prove their own.
Wednesday 15 April
11:00 am AEST (90 mins)
For service and product suppliers, domestic operators and exporters – those who must have their own documentation ready when clients ask.
Webinar Speaker
Zac Bailey | Principal, Maritime Lawyer & Strategic Advisor | Indo Pacific Solutions
A former superyacht captain with over three decades of experience spanning command at sea and legal practice, Zac leads multidisciplinary law firm Indo-Pacific Solutions, advising UHNW principals, family offices and maritime professionals across the Indo-Pacific region, spanning legal services, strategic consultancy, compliance and intelligence.
What will you learn?
› Exactly what documentation satisfies the UBO verification obligation for the entities you invoice
› How to prepare your own ownership documentation before your clients request it
› What ongoing monitoring looks like and when your records need updating
› Why identifying the ultimate beneficial owner is only half the obligation
› And what adequate screening looks like in practice
For more information, visit www.marinas.net.au
