Personal Data Protection Act (PDPA) 2012: Primary legislation governing collection, use, and disclosure of personal data in Singapore. Requires explicit consent, transparency in data collection purposes, and implementation of reasonable security measures for data protection.
Banking Act (Chapter 19): Regulates banking operations in Singapore, particularly relevant for collection authorizations involving banking transactions. Contains provisions for banking secrecy and confidentiality requirements.
Payment Services Act 2019: Governs payment services and electronic transfers in Singapore. Provides regulatory framework for payment service providers and digital payment systems.
Electronic Transactions Act (Chapter 88): Establishes legal framework for electronic signatures and records in Singapore, ensuring validity of electronic authorizations and digital documentation.
Agency Law (Common Law): Common law principles governing principal-agent relationships, defining scope and limits of authority in collection arrangements.
Contract Law (Common Law): Fundamental principles governing contract formation, terms, conditions, and obligations between parties under Singapore's common law system.
Consumer Protection (Fair Trading) Act: Protects consumer interests in Singapore, ensuring fair trading practices and establishing consumer rights in collection arrangements involving consumer transactions.
AML/CFT Regulations: Anti-Money Laundering and Countering the Financing of Terrorism regulations requiring Know Your Customer (KYC) procedures and due diligence in financial transactions.
