Banking Act (Cap. 19): Primary legislation governing banking institutions and financial services in Singapore, providing regulatory framework for letters of credit operations
Monetary Authority of Singapore Act: Establishes MAS's regulatory authority over financial institutions and their products, including letters of credit
UCP 600: Uniform Customs and Practice for Documentary Credits - International chamber of commerce rules widely adopted in Singapore for letter of credit transactions
Building Control Act: Regulates building works and construction standards in Singapore, relevant for construction-related letters of credit
Building and Construction Industry Security of Payment Act: Facilitates payments for construction work and materials, affecting how construction letters of credit may be structured
Building Maintenance and Strata Management Act: Governs building maintenance standards and management, which may impact construction letter of credit requirements
Singapore Contract Law: Common law principles governing formation and enforcement of contracts, including letters of credit
Unfair Contract Terms Act: Regulates unfair terms in contracts, ensuring fairness in letter of credit agreements
Electronic Transactions Act: Provides legal framework for electronic transactions and digital signatures in financial documents
International Arbitration Act: Governs international arbitration proceedings in Singapore, relevant for dispute resolution in international letters of credit
MAS Notice 626: Regulations on Prevention of Money Laundering and Countering the Financing of Terrorism for banks
MAS Guidelines on Letters of Credit: Specific guidelines issued by MAS for banks handling letters of credit transactions
Association of Banks in Singapore Guidelines: Industry-specific guidelines for handling banking products including letters of credit in Singapore
