Banking Act (Chapter 19): Primary legislation governing banking institutions in Singapore, including provisions on banking secrecy (Section 47) and regulatory requirements for banks issuing guarantees
Securities and Futures Act (Chapter 289): Regulates financial products and services in Singapore, relevant for structured financial instruments including bank guarantees
Contract Law (Chapter 53B): Provides the fundamental legal framework for formation and enforcement of contracts, including guarantees, in Singapore
Monetary Authority of Singapore Act (Chapter 186): Establishes MAS's regulatory authority and oversight of financial institutions issuing bank guarantees
MAS Notice 612: Guidelines on Credit Files, Grading and Provisioning - relevant for banks' credit risk assessment and management
MAS Notice 637: Details Risk Based Capital Adequacy Requirements for banks in Singapore, affecting how banks structure their guarantees
MAS Guidelines on Risk Management Practices: Regulatory guidelines for risk management in banking operations, including issuance of guarantees
URDG 758: ICC Uniform Rules for Demand Guarantees - widely used international standards for bank guarantees in Singapore
Basel III Requirements: International banking standards as implemented in Singapore, affecting capital requirements and risk management
AML/CTF Regulations: Anti-Money Laundering and Counter Terrorism Financing regulations applicable to bank guarantee transactions
Stamp Duties Act: Governs stamp duty requirements for financial instruments including bank guarantees in Singapore
