Securities and Futures Act (SFA): Primary legislation governing capital markets, securities, and investment products in Singapore. Determines if tokens qualify as capital markets products requiring regulatory oversight.
Payment Services Act 2019 (PSA): Regulatory framework for payment systems and payment service providers, including digital payment token services. Sets licensing requirements for token-related activities.
Financial Advisers Act (FAA): Regulates financial advisory services, relevant if the token sale involves financial advice or recommendations.
MAS Guidelines on Digital Token Offerings: Specific guidelines issued by the Monetary Authority of Singapore regarding the offering and issuance of digital tokens.
PSA Licensing Framework for Digital Payment Token Services: Detailed requirements for obtaining and maintaining licenses for digital payment token services under the Payment Services Act.
MAS AML/CFT Regulations: Anti-Money Laundering and Countering the Financing of Terrorism regulations specific to financial services and digital tokens.
MAS Notice PSN02: Specific notice on Prevention of Money Laundering and Countering the Financing of Terrorism for payment service providers.
Personal Data Protection Act 2012 (PDPA): Governs the collection, use, and disclosure of personal data in Singapore, relevant for KYC processes in token sales.
Contract Law (Amendment) Act: General contract law principles applicable to token sale agreements and related contractual obligations.
Electronic Transactions Act: Provides legal framework for electronic transactions and digital signatures, relevant for digital token sales.
Consumer Protection (Fair Trading) Act: Protects consumer interests and ensures fair trading practices in token sales to retail investors.
Income Tax Act: Tax implications and obligations related to token sales and cryptocurrency transactions.
Goods and Services Tax Act: GST considerations and requirements applicable to token sales and related services.
