Banking Act (Chapter 19): Primary legislation governing banking institutions in Singapore, which sets out the regulatory framework for banks issuing surety letters
Securities and Futures Act (Chapter 289): Regulates financial instruments and securities, including certain aspects of bank guarantees when they function as financial instruments
Contract Law (Chapter 53B): Fundamental legislation governing contract formation, validity, and enforcement, which applies to bank surety letters as contractual instruments
Monetary Authority of Singapore Act (Chapter 186): Establishes MAS's regulatory authority over financial institutions and their instruments, including bank surety letters
MAS Guidelines on Bankers' Guarantees: Specific regulatory guidelines issued by MAS governing the issuance and management of bank guarantees and standby letters of credit
MAS Notice 637: Regulatory notice specifying risk-based capital adequacy requirements for banks, affecting their capacity to issue surety letters
MAS Notice 643: Guidelines governing transactions with related parties, ensuring proper risk management in issuing bank guarantees
URDG 758: International Uniform Rules for Demand Guarantees, providing standardized practices for bank guarantees
ICC Rules: International Chamber of Commerce rules providing international standards for banking practice and documentary credits
ISP98: International Standby Practices that govern standby letters of credit and provide international standard practices
