Payment Services Act 2019: Primary legislation governing payment services in Singapore, including licensing requirements and operational standards for payment service providers
Banking Act (Cap. 19): Regulates banking business in Singapore and includes provisions relevant to payment processing and financial services
Electronic Transactions Act: Provides legal framework for electronic transactions and digital signatures, ensuring legal validity of electronic contracts and records
Personal Data Protection Act 2012: Governs the collection, use, and disclosure of personal data, including requirements for data protection and privacy
Goods and Services Tax Act: Regulates GST application and compliance requirements for billing and payment services
Income Tax Act: Governs taxation aspects of payment services and business income, including reporting requirements
Consumer Protection (Fair Trading) Act: Protects consumers against unfair practices and establishes fair trading requirements
Consumer Protection (Trade Descriptions and Safety Requirements) Act: Ensures accurate description of services and compliance with safety standards
MAS Guidelines: Regulatory guidelines issued by Monetary Authority of Singapore covering various aspects of payment services
Payment Services Regulations 2019: Detailed regulations implementing the Payment Services Act, including operational requirements
E-Payments User Protection Guidelines: Specific guidelines for protecting users of electronic payment services and establishing liability framework
Anti-Money Laundering Act: Corruption, Drug Trafficking and Other Serious Crimes Act provisions for preventing money laundering through payment services
MAS Notice PSN02: Specific guidelines on Prevention of Money Laundering and Countering the Financing of Terrorism for payment service providers
