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With the rapid development of the internet and social media, crowdfunding activities have emerged internationally and locally over the past few years. Crowdfunding is an umbrella term describing the use of monetary contributions, obtained from a large number of individuals or organisations, to fund a project a business, a company, a loan or a donation, and other needs through an online platform. With this one-day workshop, the trainer will cover the following topics.

Equity crowdfunding (ECF)
Equity crowdfunding (ECF) is a common type of crowdfunding activities where investors usually invest in a project or a business (often a start-up) through an online platform, typically in return for an interest in shares issued by a company.
• How does ECF work?
• Risks associated with ECF
• Risk of bankruptcy of the issuer
• Liquidity risk/lack of secondary market liquidity for the equity investments
• Risk of conducting unlicensed activities
• How is ECF regulated in Hong Kong?
• Disclosure risks
• Risk of collapse, fraud or malpractice by the platform
• Cross-border risk
• Cyber security and Cyber-attacks
• Illegal activities, fraud and money laundering
• Legal issues and consideration for investors

Peer-to-Peer Money Lending
Peer-to-Peer (P2P) lending is a type of micro-financing activities conducted through an online platform, by matching people who have money to invest with people who are looking for a loan. Different forms of P2P lending have emerged, e.g., business lending and consumer (including student) leading.
• How does P2P lending work?
• Risks associated with P2P lending
• Default risk of the borrower
• Credit risk
• Liquidity risk/lack of secondary market liquidity for the loans
• Risk of conducting unlicensed activities
• How is P2P lending regulated in Hong Kong?
• Disclosure risks
• Risk of collapse, fraud or malpractice by the platform
• Cross-border risk
• Cyber security and Cyber-attacks, such as hacking, overloading a platform's infrastructure, confusing accounts, identity theft and/or stealing information including personal data.
• Illegal activities: fraud by parties making offers on the platform, money laundering or other illegal commerce that could lead to regulatory actions including suspension by relevant law enforcement agencies.
• Legal issues and concerns for investors

Speaker(s) Albert So
University Lecturer, Executive Committee Member of International Chamber of Commerce (Hong Kong), Accredited Mediator, Accredited Family Mediator, Arbitrator, Certified Anti-Money Laundering Specialist, Certified Financial Crimes Specialist, Member of Association of Certified Fraud Examiners, Honorary Legal Advisor of Tung Wah Group of Hospitals ( Long Love Integrated Family Services Centre )

BEng(Hons); LLB(Hons); PCLL(HKU); PGCert(Cambridge); ExeEd(Harvard); MHKIoD; FHKMAAC; FHKIArb; FRAS

Fellow of International Bar Association; Honorary Legal Advisor;
Chairman of Hong Kong Mediation and Arbitration Centre
Language Cantonese
Date and Time 2019/10/17 09:30 to 17:00
Venue Chamber Theatre, 22/F United Centre
Media Closed to media
Enquiries Kelly Leung
Tel: 2823 1239
Email: kelly@chamber.org.hk
Fee Event Cancelled
Members @ HK$1,600 / Non-Members @ HK$2,100
+$50 for booking offline
This event accepts Chamber Coupon (terms and conditions)
Members enjoy 30% discount with BOC HKGCC VISA Card
Notes - Bookings are only confirmed upon receipt of payment, on a first come first served basis.
- Booking transfer is allowed for corporate members with advanced notice, walk-ins are normally not accepted.
- The Chamber reserves the right to decline any booking or cancel the event. In such case, a full refund of the participation fee will be issued.
- No refund will be made for last minute cancellations or no-shows. If the booking is cancelled at least 3 days before the event, and in such cases the refund will be subjected to a 10% administration fee, or HK$100 deduction, whichever is higher.
- Members paying with their BOC HKGCC Visa Card will enjoy a 30% discount on their reservation. The discount is only applicable to the card holder, and does not extend to their guests. The discount cannot be used in conjunction with Chamber Coupons.
- A $50 handling fee per person will be charged for all offline bookings (e.g. fax, e-mail, post) for all Chamber events. Go online today by downloading our app or registering on the HKGCC website to save the environment and money.
- Priority is given to corporate members. The decision to accept or decline any booking shall be at sole discretion of the Chamber.