Bills of Exchange Act (Chapter 23): Primary Singapore legislation governing negotiable instruments including bills of exchange, promissory notes, and certain aspects of documentary credits
Banking Act (Chapter 19): Core banking legislation in Singapore that regulates banking operations and financial institutions' activities, including letter of credit operations
International Banking Act (Chapter 138): Legislation governing international banking operations in Singapore, relevant for cross-border letter of credit transactions
Singapore Contract Law: Common law principles governing contract formation, validity, and enforcement in Singapore, fundamental to letter of credit agreements
UCP 600: Uniform Customs and Practice for Documentary Credits - ICC rules providing international standard practices for documentary credits
ISP98: International Standby Practices - Rules governing standby letters of credit, complementing UCP 600
ICC Rules: International Chamber of Commerce rules and guidelines for international trade finance instruments
SWIFT Standards: Standardized messaging formats and protocols for letter of credit communication between banks
MAS Guidelines: Regulatory guidelines issued by the Monetary Authority of Singapore for financial institutions
MAS Notice 642: Specific notice on Credit Risk Management practices required for Singapore financial institutions
ABS Guidelines: Association of Banks in Singapore guidelines for banking practices including trade finance
AML/CFT Regulations: Anti-Money Laundering and Countering the Financing of Terrorism regulations applicable to letter of credit transactions
KYC Requirements: Know Your Customer due diligence requirements for client verification and ongoing monitoring
Foreign Exchange Regulations: Rules governing foreign exchange transactions related to international letters of credit
Evergreen LC Provisions: Specific requirements for automatic renewal clauses, cancellation notices, and validity periods in evergreen letters of credit
