Banking Act (Chapter 19): Primary legislation governing banking services and financial institutions in Singapore, including regulations for credit card issuance and delivery procedures
Personal Data Protection Act (PDPA): Framework for protection of personal information, consent requirements for data sharing, and regulations regarding third-party authorizations
MAS Guidelines: Regulatory guidelines from Monetary Authority of Singapore covering credit card practices, consumer banking, and security protocols for financial transactions
Electronic Transactions Act: Legislation governing electronic transactions, including requirements for electronic signatures, authentication, and validity of electronic authorizations
AML/CFT Requirements: Anti-Money Laundering and Countering the Financing of Terrorism requirements including identity verification and due diligence procedures
Authorization Components: Essential elements required in the letter: authorizer and authorized person identification, scope of authorization, validity period, and required identification documents
Bank-Specific Requirements: Individual bank's protocols and requirements for third-party collection of credit cards and verification procedures
Data Protection Protocols: Specific measures and clauses required to ensure compliance with data protection laws and secure handling of personal information
