Bills of Exchange Act (Chapter 23): Primary Singapore legislation governing negotiable instruments including letters of credit, providing framework for commercial paper transactions
Banking Act (Chapter 19): Core banking legislation in Singapore that regulates banking operations, including the issuance of letters of credit by banks
International Banking Act: Regulates international banking operations in Singapore, relevant for cross-border LC transactions
UCP 600: Uniform Customs and Practice for Documentary Credits - internationally recognized rules governing LC operations and interpretations
MAS Guidelines: Monetary Authority of Singapore regulatory guidelines for banks and financial institutions handling LCs
AML/CFT Regulations: Anti-Money Laundering and Countering the Financing of Terrorism regulations that must be considered in LC transactions
SGX Regulations: Singapore Exchange regulations that may apply to LCs related to listed companies or trading activities
ISBP 745: International Standard Banking Practice providing detailed guidance on document checking for LC transactions
ICC Rules: International Chamber of Commerce rules providing global standards for trade finance instruments
Contract Act (Chapter 53): Singapore legislation governing contractual relationships and obligations relevant to LC agreements
Electronic Transactions Act: Legislation governing electronic commerce and digital transactions, applicable for electronic LCs
Currency Regulations: Regulations governing currency transactions and exchanges in LC operations
Foreign Exchange Regulations: Rules governing foreign exchange transactions and international transfers in LC operations
