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  1. #1
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    Oct 2016
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    New code to ensure legitimacy of fund-raisers on crowdfunding sites

    As crowd fund-raising websites become a more popular way of raising funds, the Commissioner of Charities (COC) is working on a set of best practices for these platforms to follow to ensure a high level of trust and integrity in the charity sector.

    The new Code of Practice will highlight the recommended practices for crowdfunding sites, such as conducting due diligence to ensure the legitimacy of fund-raising appeals and ensuring transparency by providing status updates on donations received, among other things.
    http://www.straitstimes.com/singapor...dfunding-sites

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