Banking Act (Cap. 19): Primary legislation governing banking institutions and operations in Singapore, providing the fundamental regulatory framework for banking activities including transfers
Payment Services Act 2019: Regulates payment systems and payment service providers in Singapore, ensuring the safety and efficiency of payment transactions
Electronic Transactions Act (Cap. 88): Provides legal foundation for electronic transactions and digital signatures, relevant for electronic banking confirmations
MAS AML/CFT Regulations: Monetary Authority of Singapore's regulations on Anti-Money Laundering and Countering the Financing of Terrorism, establishing compliance requirements for financial transactions
Corruption, Drug Trafficking and Other Serious Crimes Act: Establishes measures to prevent money laundering and requires reporting of suspicious transactions
Personal Data Protection Act 2012: Governs the collection, use, and disclosure of personal data, ensuring privacy protection in banking transactions
MAS Notice 626: Specific guidelines on Prevention of Money Laundering and Countering the Financing of Terrorism for banks
MAS Notice 1014: Regulations regarding banking secrecy, defining the scope and conditions for maintaining confidentiality of customer information
Consumer Protection (Fair Trading) Act: Ensures fair trading practices and consumer protection in financial services
