Charity Governance CodeThe new Code of Governance for Charities sets standards for small and large charities. It follows a year-long review by a steering group of charity sector umbrella bodies. The code is voluntary but the Charity Commission has withdrawn its own code and will urge charities in England and Wales to use this new one instead. Some of the recommendations include boards ensuring that trustees are recruited openly and fairly, receive induction and training and that charities identify and manage risk. Smaller charities with an annual income of less than £1 million will be expected to follow a simpler version.

The new Code can be accessed here

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s