Singapore-based firm Rajah & Tann’s technology and innovation arm, Rajah & Tann Technologies, together with Singapore-based property technology company, Showsuite, have launched an anti-money laundering (AML) technology-driven solution to help Singapore property developers comply with the country’s new AML laws.

Earlier this year, the Singapore government imposed new rules requiring property developers to identify, assess and understand the money laundering and terrorism financing risks in relation to their business.