Jump to content


BankFodder BankFodder


Alert for charities - use the regulated financial sector

style="text-align:center;"> Please note that this topic has not had any new posts for the last 694 days.

If you are trying to post a different story then you should start your own new thread. Posting on this thread is likely to mean that you won't get the help and advice that you need.

If you are trying to post information which is relevant to the story in this thread then please flag it up to the site team and they will allow you to post.

Thank you

Recommended Posts

Alert for charities - use the regulated financial sector


An alert from the UK's independent regulators of charities about using the regulated financial sector.


The UK’s three independent regulators of charities (Charity Commission for England and Wales, Office of the Scottish Charity Regulator and Charity Commission for Northern Ireland) are issuing this alert to charities to advise that the regulated financial sector should be used see end note 1.


It applies to a charity when it receives, holds, moves or uses money, particularly those moving funds internationally.


This alert is being published to raise awareness amongst charities – including their trustees, employees and volunteers – of the need to use bank accounts in the regulated financial sector and the benefits of doing so see end note 2.


It is the charity regulators’ view that all charities need to have access to, and use, a bank account in the charity’s name in the regulated banking system. Trustees need to be able to use banking facilities, where they are available, to safely receive, hold and move charity funds.


READ MORE HERE: https://www.gov.uk/government/news/alert-for-charities-use-the-regulated-financial-sector

How to Upload Documents/Images on CAG - **INSTRUCTIONS CLICK HERE**

FORUM RULES - Please ensure to read these before posting **FORUM RULES CLICK HERE**

I cannot give any advice by PM - If you provide a link to your Thread then I will be happy to offer advice there.

I advise to the best of my ability, but I am not a qualified professional, benefits lawyer nor Welfare Rights Adviser.

Please Donate button to the Consumer Action Group

Share this post

Link to post
Share on other sites

  • Recently Browsing   0 Caggers

    No registered users viewing this page.

  • Have we helped you ...?

  • Create New...