Banking Act (Cap. 19): Primary legislation that regulates banking business and deposit-taking activities in Singapore. Covers deposit protection requirements and banking secrecy obligations.
Deposit Insurance and Policy Owners' Protection Schemes Act: Governs the deposit insurance scheme in Singapore and sets coverage limits for deposits (currently SGD 75,000 per depositor per bank).
Personal Data Protection Act (PDPA): Regulates the collection, use, and disclosure of personal data in Singapore, affecting how customer information must be handled by banks.
MAS Notice 610: Monetary Authority of Singapore regulatory guideline concerning the submission of statistics and returns by banks.
MAS Notice 1014: Monetary Authority of Singapore regulatory guideline governing interest rates for deposits and loans.
MAS Guidelines on Fair Dealing: Regulatory guidelines ensuring fair dealing practices in banking services and customer relationships.
MAS Technology Risk Management Guidelines: Guidelines for managing technology risks in banking operations and digital services.
ABS Guidelines for Account Opening: Association of Banks in Singapore guidelines specifying requirements and procedures for opening bank accounts.
ABS Code of Banking Practice: Industry code of practice setting standards for banking operations and customer service in Singapore.
Contract Act (Cap. 53): General contract law principles governing the formation and enforcement of contracts in Singapore.
MAS Notice 626: Regulatory requirements for Anti-Money Laundering and Countering Financing of Terrorism (AML/CFT) compliance in banking operations.
Consumer Protection (Fair Trading) Act: Legislation protecting consumer rights and ensuring fair trading practices in banking services.
