Moneylenders Act: Primary legislation governing money lending activities in Singapore (Chapter 188). Covers licensing requirements, interest rate caps, and operational regulations for money lenders.
Moneylenders Rules: Subsidiary legislation providing detailed requirements for money lending operations, including documentation and conduct requirements.
Banking Act: Chapter 19 of Singapore laws - Regulates banking institutions and certain financial activities that may overlap with money lending.
Civil Law Act: Chapter 43 of Singapore laws - Provides fundamental principles for civil matters including contract law and property rights.
Contracts Act: Chapter 53 of Singapore laws - Governs the formation and enforcement of contracts, essential for loan agreement validity.
Moneylenders AML/CFT Rules: Rules specifically addressing Anti-Money Laundering and Countering the Financing of Terrorism requirements for money lenders.
Consumer Protection (Fair Trading) Act: Ensures fair trading practices and protects borrower rights in financial transactions.
Personal Data Protection Act: Governs the collection, use, and disclosure of personal data in loan agreements and related documentation.
Interest Rate Compliance: Regulatory requirement to comply with maximum interest rate caps and clear interest calculation methods under Singapore law.
Security Documentation: Requirements for properly documenting collateral arrangements and compliance with property law for secured lending.
Borrower Protection Requirements: mandatory disclosure requirements, fair lending practices, and cooling-off periods as required by Singapore regulations.
Documentation Standards: Requirements for written contracts in English, clear terms and conditions, and proper execution under Singapore law.
Debt Collection Regulations: Legal requirements and restrictions regarding debt collection practices and enforcement mechanisms in Singapore.
