UCP 600: Uniform Customs and Practice for Documentary Credits - The primary international rules governing letters of credit operations globally, providing standardized practices and interpretations
ISP98: International Standby Practices - Rules specifically governing standby letters of credit, complementing UCP 600 for certain specialized transactions
Bills of Exchange Act: Singapore legislation (Chapter 23) governing negotiable instruments, bills of exchange, and related banking documents
Electronic Transactions Act: Singapore legislation (Chapter 88) governing electronic transactions and digital signatures, crucial for modern LC operations
MAS Guidelines: Monetary Authority of Singapore's specific guidelines for banks handling Letters of Credit, including compliance and risk management requirements
Banking Act: Singapore legislation (Chapter 19) providing the regulatory framework for banking operations, including LC transactions
AML/CFT Regulations: Anti-Money Laundering and Countering the Financing of Terrorism regulations that must be considered in LC transactions
Contract Law: Singapore Contract Law (Chapter 53) governing the formation and enforcement of contracts, including LC agreements
Sale of Goods Act: Singapore legislation (Chapter 393) governing the sale of goods in commercial transactions, relevant for underlying LC transactions
CISG: United Nations Convention on Contracts for the International Sale of Goods, providing international rules for cross-border sales contracts
