Securities and Futures Act (SFA): Primary legislation governing securities, futures, and derivatives trading in Singapore. Includes licensing requirements for brokers and regulatory framework for market operations.
Financial Advisers Act (FAA): Regulatory framework for financial advisory services in Singapore, including requirements for providing financial advice and marketing of financial products.
Companies Act: Primary legislation governing corporate entities in Singapore, relevant for business structure and corporate compliance requirements.
Contract Law (Chapter 53): Singapore's basic contract law framework that governs formation and enforcement of contracts, essential for structuring the broker agreement.
MAS Guidelines: Regulatory guidelines issued by the Monetary Authority of Singapore providing detailed compliance requirements for financial institutions and intermediaries.
AML/CTF Requirements: Anti-Money Laundering and Counter-Terrorism Financing regulations requiring proper client due diligence and transaction monitoring.
FATCA Compliance: Foreign Account Tax Compliance Act requirements for dealing with US persons, including reporting obligations and due diligence procedures.
Common Reporting Standard (CRS): International standard for automatic exchange of financial account information, requiring proper documentation and reporting procedures.
Personal Data Protection Act (PDPA): Singapore's data protection law governing the collection, use, and disclosure of personal data, including cross-border data transfer requirements.
Industry Codes of Conduct: Specific industry standards and professional requirements applicable to different types of brokerage services.
