Contracts Act (Cap. 53): Primary legislation governing contract formation, validity, and enforcement in Singapore. Essential for establishing the basic legal framework of the MOU.
Companies Act (Cap. 50): Regulates corporate entities in Singapore, including their financial dealings and corporate governance requirements.
Banking Act (Cap. 19): Regulates banking institutions and banking activities in Singapore. Relevant if the MOU involves banking services or transactions.
Securities and Futures Act (Cap. 289): Governs capital markets activities and financial instruments. Important if the MOU involves securities, investment products, or trading activities.
Monetary Authority of Singapore (MAS) Guidelines: Regulatory guidelines issued by MAS that govern financial institutions and financial activities in Singapore.
Payment Services Act 2019: Regulates payment systems and payment service providers in Singapore. Relevant for MOUs involving payment services or digital payment solutions.
Financial Advisers Act (Cap. 110): Regulates financial advisory services in Singapore. Applicable if the MOU involves financial advisory or consulting services.
Corruption, Drug Trafficking and Other Serious Crimes Act: Contains anti-money laundering provisions that must be considered in financial arrangements to ensure compliance with AML requirements.
Terrorism (Suppression of Financing) Act: Addresses counter-terrorism financing requirements that must be incorporated into financial arrangements.
Personal Data Protection Act 2012: Governs the collection, use, and disclosure of personal data, including financial information of individuals.
Mediation Act 2017: Provides framework for mediation procedures in Singapore, relevant for dispute resolution clauses in the MOU.
Arbitration Act (Cap. 10): Governs arbitration proceedings in Singapore, important for including arbitration clauses in the MOU for dispute resolution.
