التفاصيل البيبلوغرافية
| العنوان: |
Regulating donation-based crowdfunding platforms in Hong Kong: A trust law framework. |
| المؤلفون: |
Jing, Hui |
| المصدر: |
Common Law World Review; Sep2024, Vol. 53 Issue 3, p132-152, 21p |
| مصطلحات موضوعية: |
CROWD funding, GIFTS, FIDUCIARY responsibility, REASONABLE care (Law), TRUSTS & trustees |
| مستخلص: |
With the advance of technology, several crowdfunding platforms have emerged in Hong Kong to host informal public donation appeals. Unlike charitable crowdfunding activities, these appeals focus on crowdfunding to provide relief to specific individuals or groups in need. Due to the recent emergence of online informal public donation appeals and their lack of public benefit, regulatory bodies have not paid much attention to their regulation. However, recent media coverage highlighting scandals of maladministration of donation funds in the context of informal public donation appeals has impelled regulators to establish a systemic framework to govern crowdfunding platforms that host informal public donation appeals. This article addresses two main aspects of this topic. First, it discusses the operation of crowdfunding platforms that host informal public donation appeals and the risks associated with them. Second, it explores the feasibility of utilising trust law to regulate the administration of donation funds by these crowdfunding platforms. [ABSTRACT FROM AUTHOR] |
|
Copyright of Common Law World Review is the property of Sage Publications Inc. and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) |
| قاعدة البيانات: |
Complementary Index |
Full Text Finder