New Code of Practice announced for four crowdfunding platforms in Singapore

New Code of Practice announced for four crowdfunding platforms in Singapore

Yahoo Singapore·2018-01-24 00:10

Four major crowdfunding platforms in Singapore will adopt a Code of Practice that will make online fundraising safer, Minister for Culture, Community and Youth Grace Fu announced on Tuesday (23 Jan).

The four platforms are Give.asia, Giving.sg, The Ray Of Hope Initiative and SimplyGiving.

The Code of Practice for Online Charitable Fund-raising Appeals was developed by the industry together with the Commissioner of Charities. It comprises best practices for crowdfunding platforms based on ensuring the legitimacy, accountability and transparency of charitable appeals hosted on the platforms.

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Singapore Policy Charity Crowdfunding