Insurance Act (Cap. 142): Primary legislation governing insurance business in Singapore, including regulations for insurance intermediaries and their compensation structures
Insurance (Intermediaries) Regulations: Specific regulations governing insurance intermediaries' conduct, responsibilities, and compensation arrangements
Financial Advisers Act (FAA): Legislation governing financial advisory services, including insurance advisory and requirements for commission disclosure
MAS Guidelines on Standards of Conduct: Regulatory guidelines setting out expected standards of conduct, ethical practices, and professional behavior for insurance intermediaries
MAS Notice FAA-N01: Notice on Recommendations on Investment Products, including requirements for fair dealing and transparent commission structures
MAS Guidelines on Fair Dealing: Guidelines ensuring fair dealing outcomes in financial services, including transparent commission arrangements
Employment Act: Labor law considerations to ensure the commission split agreement doesn't inadvertently create an employment relationship
Central Provident Fund Act: Considerations regarding mandatory contributions if the relationship could be construed as employment
Contract Law of Singapore: General contract law principles governing the formation and enforcement of agreements in Singapore
Electronic Transactions Act: Legal framework for electronic contracts and signatures if the agreement is executed electronically
Personal Data Protection Act 2012: Requirements for handling personal data in the context of commission arrangements and client information
MAS Notice 314: Anti-money laundering and counter-terrorism financing requirements affecting commission payments and tracking
