Regulator announces new focus on protecting charity assets and reputations
Scotland’s charity regulator has announced changes to the way it monitors and reviews the country’s 24,000 charities – and has called on the remaining 20 per cent of the sector not already signed up for its online services to make sure that they do so in the coming year.
OSCR – The Office of the Scottish Charity Regulator – is taking steps aimed at focusing its resources more effectively on those areas that require its attention, based on its 10 years’ experience. In the coming year it will also highlight to Ministers areas where additional powers would improve its effectiveness and further reinforce public confidence. The changes have been widely welcomed by the charity sector, in the regulator’s biggest consultation effort to date.
From 1 April, OSCR also will increase the financial information it makes available on the Scottish Charity Register, by starting to publish annual reports and accounts for larger income charities and charities that are Scottish Charitable Incorporated Organisations (SCIOs).
OSCR’s Head of Engagement, Dr Judith Turbyne, said that the regulator’s new approach reflected its experience and would allow it to focus its resources more effectively.
‘We have found over the past ten years that the great majority of charities operate as they should, and we believe that the time is right to now focus our effort on those areas that deserve our attention,’ she said. As a public body, we’re tasked with being as effective and efficient as possible with the resources that we have. Our new approach has been welcomed by the sector and will provide more information and transparency for the public, greater efficiency and impact for us as Regulator, and keep reporting requirements straightforward for smaller charities,’ she added.
‘From 1 April, charities will notice a change in the questions we’re asking on the annual return form as we start to gather different information that will better inform our work and, ultimately, support public confidence in the sector,’ she added. ‘If charities can do one thing to get ready, I would urge them to sign up for our online services if they haven’t already done so.’
Dr Turbyne added that the Regulator would publish new guidance and support material for charities, and would work with local support organisations such as Third Sector Interface groups to help charities understand and adopt the changes. The Scottish Charity Regulator held its biggest ever consultation of the sector to discuss its proposals, and has developed its plans and technical systems over the past 12 months. Its new approach will see the regulator targeting its attention more on identified risk areas, and will provide more information and transparency for the public on charities and their work.
Further information about Targeted Regulation and OSCR Online is available at www.oscr.org.uk