We aim to support public confidence in charities and their work. Part of our role is to try and prevent problems from happening, by providing guidance and advice to charities. Where problems have occurred, we want to help minimise the impact to the individual charity and the charity sector overall. As part of this 'prevention' we are asking charities to start reporting Notifiable Events to us. This is when something serious has happened or is happening to the charity. We don't want to know about every event, only those that threaten to have a significant impact on the charity or its assets.
The new regime started on 1st of April 2016. In the first year, 111 charities approached us with serious situations which they had identified. We have: provided guidance; ensured trustees are acting in the best interest of the charity; assured trustees that they are progressing the situation correctly; referred serious instances to other regulatory bodies.
If you have any questions for us, please get in touch with us at firstname.lastname@example.org.
You can read more about the changes that Targeted Regulation brings, in our blog section.