Banking Act (Cap. 19): Primary legislation governing banking institutions and operations in Singapore, providing the fundamental regulatory framework for bank guarantees
Monetary Authority of Singapore Act: Establishes MAS's regulatory authority and oversight of financial institutions issuing bank guarantees
MAS Guidelines on Banking Practices: Specific guidelines issued by MAS governing banking practices, including the issuance and management of bank guarantees
Contract Law Act (Cap. 53): Fundamental legislation governing contract formation and enforcement in Singapore, applicable to bank guarantee agreements
Securities and Futures Act: Regulates financial securities and related instruments, including certain aspects of bank guarantees when they function as financial instruments
Financial Advisers Act: Governs financial advisory services and may be relevant when bank guarantees are part of financial planning or advisory services
Unfair Contract Terms Act: Protects against unfair terms in contracts, including bank guarantees, ensuring fairness and reasonableness
MAS Notice 637: Specifies capital adequacy requirements for banks, affecting their capacity to issue guarantees
MAS Notice 612: Guidelines on credit risk management, crucial for banks issuing guarantees
MAS Notice 626: Requirements for prevention of money laundering and terrorism financing in banking transactions including guarantees
URDG 758: International Uniform Rules for Demand Guarantees, providing standardized practices for bank guarantees
ISP98: International Standby Practices, providing guidelines for standby letters of credit and similar instruments
