ACEVO calls for radical change to charity rules
ACEVO (Association of Chief Executives of Voluntary
Organisations) recently published a report which claims that
charity regulating needs a radical 'rebalancing' in order to meet
the appropriate demands of the present day.
The report, entitled 'Public Impact Centred Regulation for
Charities' was produced by the Taskforce on Better Regulation, and
states that regulation should promote enterprise, professionalism
and increasing charity transparency and accountability. It claims
that charity regulation is too 'top-down' and appeals for a greater
extent of intra-sector review as opposed to governance from above,
as well as a commission in order to identify unnecessary regulation
and removal of the newly introduced 'fit and proper persons'
test.
It is stated in the report that the Charity Commission needs to
provide guidance about new methods of capital investment so as to
encourage charities to be less risk-averse.
The report advises that there should be more research carried
out into how charities measure the impact of their work, in
addition to a standardised method for reporting on this.
