Securities and Futures Act (SFA): Primary legislation governing securities, derivatives, and other capital markets products in Singapore. Critical for determining if the token qualifies as a regulated investment product.
Payment Services Act 2019 (PSA): Regulates payment systems and payment service providers in Singapore, including digital payment token services. Essential for token-related payment services and crypto exchanges.
Financial Advisers Act (FAA): Regulates financial advisory services, relevant if the token offering involves financial advice or recommendations.
MAS Guidelines on Digital Token Offerings: Regulatory guidelines issued by the Monetary Authority of Singapore specifically addressing digital token offerings and their compliance requirements.
Payment Services Regulations 2019: Subsidiary legislation under PSA providing detailed requirements for payment service providers and digital token services.
AML/CFT Notice PSN02: Anti-Money Laundering and Countering the Financing of Terrorism requirements specific to Digital Payment Token Service providers.
Companies Act: Primary legislation governing company operations in Singapore, relevant for corporate structuring and compliance.
Business Registration Act: Regulates business registration requirements in Singapore.
Consumer Protection (Fair Trading) Act: Protects consumer interests and ensures fair trading practices in token subscription arrangements.
Personal Data Protection Act (PDPA): Governs the collection, use, and disclosure of personal data in token subscription processes.
Electronic Transactions Act: Provides legal framework for electronic transactions and digital signatures, crucial for digital token agreements.
Income Tax Act: Governs taxation of income, including potential tax implications of token transactions and holdings.
Goods and Services Tax Act: Regulates GST treatment of digital payment tokens and related services in Singapore.
