Moneylenders Act (Cap. 188): Primary legislation that regulates moneylending businesses, sets requirements for interest rates and loan terms. Particularly relevant if either party is a licensed moneylender.
Banking Act (Cap. 19): Governs banking operations and lending practices. Essential consideration if the lender is a banking institution.
Civil Law Act (Cap. 43): Contains Section 6 regarding interest rates and establishes rules on contractual capacity and enforceability.
Singapore Contract Law: Based on Common Law principles, governs basic contract formation, validity, and enforcement requirements.
Consumer Protection (Fair Trading) Act: Provides protection for consumers against unfair practices, applicable if the borrower is a consumer.
Personal Data Protection Act 2012: Governs the handling and protection of personal data in agreements, establishing privacy requirements.
Unfair Contract Terms Act (Cap. 396): Establishes restrictions on unfair terms and limitations on exclusion clauses in contracts.
MAS Guidelines: Monetary Authority of Singapore guidelines for regulated financial institutions, including compliance with lending regulations.
AML/CTF Requirements: Anti-Money Laundering and Counter-Terrorism Financing requirements including KYC obligations and transaction reporting requirements.
