Insurance Act 1966 (Chapter 142): Primary legislation governing insurance in Singapore, particularly Sections 49L and 49M which regulate the assignment of life policies, establish requirements for valid assignments, and define rights of assignee and assignor
Civil Law Act (Chapter 43): Establishes general contract law principles, requirements for valid deeds, and legal formalities necessary for assignments in Singapore
Stamp Duties Act (Chapter 312): Governs the requirements for stamp duty on assignments, including timing and payment obligations, and penalties for non-compliance
Financial Advisers Act (Chapter 110): Regulates financial advice and insurance assignments, including disclosure requirements for insurance assignments
Personal Data Protection Act 2012: Regulates the handling of personal data in the assignment process and establishes consent requirements for data collection and usage
Mental Capacity Act (Chapter 177A): Provides framework for handling cases where parties may lack mental capacity and establishes requirements for valid execution in such cases
Insurance (Assignment of Proceeds of Life Policy) Regulations: Details specific requirements and procedures for life policy assignments under Singapore law
MAS Guidelines on Fair Dealing: Regulatory guidelines from Monetary Authority of Singapore establishing principles for fair dealing in financial services including insurance assignments
MAS Notice 321: Specific notice from Monetary Authority of Singapore providing guidance on assignment of life insurance policies
