Statute of Frauds 1677: Fundamental legislation requiring guarantees to be in writing and signed to be legally enforceable
Financial Services and Markets Act 2000: Key legislation regulating banking activities and financial services in the UK, ensuring proper authorization of banks providing guarantees
Unfair Contract Terms Act 1977: Controls unreasonable exclusion clauses and affects how limitation of liability can be drafted in guarantee agreements
Contract Law Fundamentals: Common law principles covering offer, acceptance, consideration, intention to create legal relations, and capacity to contract
Banking Law Principles: Common law principles including the autonomy principle (guarantees operate independently of underlying contract) and doctrine of strict compliance
PRA Requirements: Prudential Regulation Authority requirements governing banks' operations and risk management in relation to guarantees
FCA Regulations: Financial Conduct Authority regulations ensuring consumer protection and market integrity in financial services
Basel III Requirements: International banking regulations affecting banks' capital requirements and risk management when issuing guarantees
URDG 758: Uniform Rules for Demand Guarantees - internationally accepted rules governing bank guarantees, though not technically law
