On this snapshot authorized replace, we report that on 25 Could 2022, in a written reply by Mr. Christopher Hui, the Secretary for Monetary Providers and the Treasury, to Legislative Council questions on crowdfunding, Mr. Hui confirmed that the Hong Kong Authorities is reviewing the regulation of crowdfunding in Hong Kong.
The target of the evaluation is to supply clearer regulatory necessities, and to strengthen the transparency and accountability of crowdfunding actions. The evaluation may even deal with strategies to forestall fraudulent crowdfunding actions for probably unlawful functions. The evaluation will embody a public session to be accomplished inside 2022