Charity Commission for England and Wales: News
The Charity Commission published its five year ‘Statement of Strategic Intent’ setting out their five key strategic objectives as follows
- holding charities to account
- dealing with wrongdoing and harm
- informing public choice
- giving charities the understanding and tools they need to succeed
- keeping charity relevant for today’s world.
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The Commission have also published their updated governance framework, coinciding with three new members joining the board; Tony Cohen, Ian Karet and Nina Hingorani-Crain. A key change is that the CEO, Helen Stephenson, has joined the board.
The Charity Commission has published updated safeguarding guidance to help charities and trustees better understand their legal duties around protecting people.
Review of Charity Reserves Policies
The Charity Commission’s recent review of charity reserves found that only 22% of charities in the sample quoted a reserves figure calculated in accordance with their guidance indicating an incomplete understanding of reserves and could lead the trustees to make poor decisions about the charity’s finances.
Review of total return regulations
The Charity Commission has published the result of their review of the total return regulations – thank you to those of you who provided us with feedback, which informed our response to the consultation (via the Charity Investors Group). The Commission are not proposing any significant changes to the regulations.
New Civil Society Minister
Mims Davies MP has been appointed as the new Minister for Civil Society, taking over from Tracey Crouch MP, who resigned in protest at a delay to the cut in maximum stakes for fixed odds betting terminals. She is also responsible for social enterprise, youth, sport, loneliness, horse racing, gambling and lotteries.
NCVO: Guide for Charities on Brexit
NCVO have published a new factsheet setting out the main Brexit considerations for voluntary organisations in the UK and suggesting practical steps that charities can take to prepare for the post-Brexit environment.
Civil Society Futures
Civil Society Futures was a two year independent inquiry into the future of civil society in England. It has published its final report ‘The story of our times: shifting power, bridging divides, transforming society’.
Charity Digital Code
A new Charity Digital Code has been published aiming to help charities increase impact, develop skills and improve sustainability through digital.
A new code of best governance practice has been launched for Scottish charities. The Scottish Governance Code for the Third Sector was developed by a group including SCVO, OSCR and the Scottish Government. It sets out five core principles: organisational purpose, leadership, board behaviour, control, and effectiveness.
Updated investment guidance for Scottish Charities has been published by OSCR.