UCP 600: Uniform Customs and Practice for Documentary Credits - The internationally recognized rules governing letters of credit operations, published by International Chamber of Commerce
Bills of Exchange Act: Singapore legislation (Chapter 23) governing negotiable instruments including aspects of documentary credits
Banking Act: Singapore legislation (Chapter 19) governing banking operations and regulatory requirements for letter of credit issuance
Singapore Contract Law: Common law principles governing contractual relationships and obligations in Singapore
MAS Guidelines: Regulatory guidelines issued by Monetary Authority of Singapore affecting banking operations and trade finance
AML/CFT Regulations: Anti-Money Laundering and Countering Financing of Terrorism regulations applicable to trade finance transactions
International Sanctions Compliance: Requirements for compliance with international trade sanctions and restrictions
Doctrine of Strict Compliance: Legal principle requiring exact compliance with letter of credit terms and conditions
Autonomy Principle: Legal principle establishing that letters of credit are independent from the underlying commercial transaction
Doctrine of Independence: Principle establishing that the letter of credit is separate from the underlying sales or other contract
Fraud Exception: Singapore law provisions regarding fraud as an exception to letter of credit payment obligations
ISBP: International Standard Banking Practice - Guidelines for examination of documents under UCP 600
SWIFT Standards: Standardized messaging formats and protocols for letter of credit communication between banks
