UCP 600: Uniform Customs and Practice for Documentary Credits - International rules governing the operation of Letters of Credit, widely adopted by Singapore banks
Bills of Exchange Act: Singapore Chapter 23 - Legislation governing negotiable instruments including bills of exchange, which are relevant to Letter of Credit transactions
Banking Act: Singapore Chapter 19 - Primary legislation regulating banking institutions and their operations in Singapore, including Letter of Credit services
Electronic Transactions Act: Singapore Chapter 88 - Legislation governing electronic transactions and digital documentation, relevant for e-presentations in Letters of Credit
Contract Law: Singapore Common Law principles governing formation and enforcement of contracts, applicable to Letter of Credit agreements
UN Convention on International Sale of Goods Act: Legislation governing international sale of goods transactions, often underlying Letter of Credit arrangements
Currency Act: Singapore Chapter 69 - Legislation governing currency matters and foreign exchange aspects of Letter of Credit transactions
Monetary Authority of Singapore Act: Singapore Chapter 186 - Establishes MAS authority and regulatory framework affecting banking operations including Letters of Credit
MAS Guidelines: Regulatory guidelines on risk management practices issued by the Monetary Authority of Singapore for banking operations
ABS Guidelines: Guidelines issued by the Association of Banks in Singapore relevant to Letter of Credit operations
AML/CFT Requirements: Anti-Money Laundering and Countering the Financing of Terrorism requirements applicable to Letter of Credit transactions
ISBP: International Standard Banking Practice - Detailed rules for examination of documents under UCP 600
Incoterms: International Commercial Terms - Standardized terms for international trade that affect Letter of Credit requirements and documentation
