Banking Act (Cap. 19): Primary legislation governing banking operations and financial institutions in Singapore, providing the regulatory framework for banking business and remittance services
Monetary Authority of Singapore Act (Cap. 186): Establishes MAS's regulatory authority and oversight of financial institutions, including their remittance operations
Currency Act (Cap. 69): Regulates currency matters and exchange control in Singapore, relevant for international remittances
AML/CFT Regulations: Anti-Money Laundering and Countering the Financing of Terrorism regulations that govern transaction monitoring and reporting requirements
MAS Notice 626: Specific guidelines on Prevention of Money Laundering and Countering the Financing of Terrorism for banks
MAS Notice 1014: Guidelines for Direct Life Insurers on Prevention of Money Laundering and Countering the Financing of Terrorism
PSA Notice 3001: Requirements for Prevention of Money Laundering and Countering the Financing of Terrorism for Payment Services License holders
SWIFT Standards: International messaging standards and requirements for secure financial transactions
UCP 600: Uniform Customs and Practice for Documentary Credits, establishing international banking practices and standards
Personal Data Protection Act 2012: Governs the collection, use, and disclosure of personal data in Singapore, affecting how customer information is handled in remittance transactions
Electronic Transactions Act (Cap. 88): Provides legal framework for electronic transactions and digital signatures, relevant for electronic remittance processing
