The Charity Commission, the independent regulator of charities in England and Wales, has announced that its next public meeting will be held on 7 June 2016 at the Metropole Hotel in Llandrindod Wells, Wales.
William Shawcross, Chairman of the commission and board member Eryl Besse will open the meeting followed by a range of presentations from senior staff and external speakers. The meeting will focus on how charities can improve their financial resilience. Sessions will include:
managing your finances – 15 key questions to ask
improving the way your charity works
digitisation of the commission.
The sessions will be followed by a group discussion on current issues facing trustees, in which trustees can share real-life problems and potential solutions. Attendees will also hear an update on the commission’s activities and have the opportunity to ask questions before the meeting concludes.
The event is free to attend and is aimed at providing charity trustees, employees and advisers with best practice guidance and encouraging good governance.
The meeting will take place from 11am to 3pm at the Metropole Hotel, Temple Street, Llandrindod Wells, LD1 5DY. The full agenda is available on the Charity Commission’s website via the public meetings page.
To confirm your attendance, please email PublicMeetings@charitycommission.gsi.gov.uk. Places are limited and will be allocated on a first-come, first-serve basis. Please note that only two attendees per organisation will be permitted to attend. Members of the press are also welcome to attend the event and are asked to register their interest with the press office directly. Further information on this event is available at
Agendas, papers and minutes of the for public meetings can be found at https://www.gov.uk/government/collections/charity-commission-public-meetings#charity-commission-previous-public-meetings
The Office of Financial Sanctions Implementation (OFSI), part of HM Treasury, has been launched to help the private sector understand and comply with the financial sanctions.
Their principle aims of the OFSI are to:
increase awareness of and compliance with financial sanctions
ensure that sanctions breaches are detected and addressed
The UK government imposes financial restrictions on persons and entities as part of its domestic counter-terrorism regime, as well as those persons proscribed by the United Nations and/or European Union. Further information about the OFSI can be found at https://www.gov.uk/government/organisations/office-of-financial-sanctions-implementation/about
The financial sanctions list imposes financial restrictions on individuals, organisations and governments as part of the UK’s government’s foreign policy and national security regime. The consolidated list of financial sanctions includes those individuals, organisations and governments designated by the UK government, the European Union and the United Nations.
Those included on the list come from a wide range of nationalities and currently reside in a wide range of countries, including UK nationals.
So how does the sanctions list affect members?
Whether you are working in practice or business, you need to consider your likely exposure to individuals, organisations and governments on the sanctions lists.
You should also check whether the key beneficial owners or the intended recipient of funds form a transaction you are undertaking are subject to the restrictions. You can check your clients, employees and other individuals you are doing business with directly with the publicly available sanctions list or by using an online verifier such as Equifax, which is part of Anti-Money Laundering Compliance Company ("AMLCC") package available to members as part of their member benefits.
It is a criminal offence to breach a financial sanction, without an appropriate licence or authorisation from HM Treasury. HM Treasury treats all breaches of financial sanctions seriously, and expects you to fully comply with all current and future financial sanctions. If a breach of financial sanctions has come to your attention or if you wish to self-disclose a breach, the breach should be reported to HM Treasury via their website form.
The IFA has been asked by HRMC to complete a survey on how well HMRC communicates with members on the issue of cyber security, including how impactful their communications are and what else HMRC might need to do to help promote good online behaviours, educate, and keep members alert to cyber security issues.
If you have any feedback on this, please email firstname.lastname@example.org by close of play on Wednesday 18 May. Thank you for your help.
The IFA is part of a group of professional bodies, spanning law and accountancy, which have pledged to continue their work to tackle bribery, corruption, tax-evasion, money laundering and the financing of international terrorism, as leaders from across the world gather in London for an anti-corruption summit.