Banking Act (Cap. 19): Primary legislation governing banking institutions and operations in Singapore, providing the fundamental regulatory framework for bank guarantees
Securities and Futures Act (Cap. 289): Regulates financial instruments and securities, including certain aspects of bank guarantees when they are used as financial instruments
Monetary Authority of Singapore Act (Cap. 186): Establishes MAS's regulatory authority and oversight of financial institutions, including their handling of bank guarantees
Unfair Contract Terms Act (Cap. 396): Ensures fairness in contractual terms and provides protection against unreasonable terms in contracts, including guarantee cancellations
MAS Guidelines on Corporate Governance: Regulatory guidelines establishing governance standards for financial institutions in Singapore, including procedures for handling guarantees
MAS Notice 612: Specific guidelines on credit files, grading and provisioning, relevant for managing bank guarantees and their cancellation
Banking (Corporate Governance) Regulations: Specific regulations governing corporate governance in banks, including approval processes for guarantee cancellations
Companies Act (Cap. 50): Governs corporate authorizations and powers, crucial for verifying authority to cancel bank guarantees
Electronic Transactions Act (Cap. 88): Provides legal framework for electronic transactions and documents, relevant if the cancellation is executed electronically
