Banking Act (Cap. 19): Primary legislation governing banking institutions and their operations in Singapore, including mortgage lending activities
Monetary Authority of Singapore (MAS) Act: Establishes MAS's regulatory authority and oversight of financial institutions, including their mortgage lending practices
Financial Advisers Act (FAA): Regulates financial advisory services, including advice related to mortgage products and their suitability
MAS Notice 632: Specific guidelines on residential property loans, including restrictions and requirements for mortgage lending
MAS Guidelines on Fair Dealing: Guidelines ensuring fair treatment of consumers in financial services, including mortgage products
Consumer Protection (Fair Trading) Act: Protects consumers against unfair practices in transactions, including mortgage agreements
MAS Guidelines on Standards of Conduct: Standards for financial advisers and representatives when providing advice on financial products including mortgages
Housing and Development Board (HDB) Act: Governs public housing in Singapore, including restrictions and requirements for HDB property mortgages
Residential Property Act: Regulates residential property ownership and related transactions in Singapore
Conveyancing and Law of Property Act: Governs property transactions and transfer of property rights, relevant for mortgage documentation
Total Debt Servicing Ratio (TDSR): Framework limiting the portion of a borrower's gross monthly income that can go towards servicing all debt obligations
Mortgage Servicing Ratio (MSR): Limits the portion of a borrower's gross monthly income that can be used to service mortgage payments for HDB flats
Loan-to-Value (LTV) Limits: Restrictions on the maximum loan amount relative to the property value that banks can offer for mortgage loans
MAS Disclosure Requirements: mandatory disclosure and transparency requirements for financial products including mortgages
Personal Data Protection Act (PDPA): Governs the collection, use, and disclosure of personal data in Singapore, applicable to mortgage documentation
