Regulators

Charity Commission calls for views on updated investment guidance

The regulator is consulting on draft guidance on responsible investments

The Charity Commission is calling for views and opinions on the updated draft guidance for responsible investments.

The regulator defines “responsible investments” as financial investments that align with a charity’s mission and purpose.

After an informal listening exercise last year found that how investment is outlined in its existing guidance does not give all trustees sufficient confidence in sustaining good practice, the Charity Commission announced a review in January of this year.

Set to run for six weeks, the consultation will be framed as a short survey and will close on 20 May 2021.

Paul Latham, director of communications and policy at the Charity Commission, said: “During the listening exercise we held last year, we learnt that many charities are interested in considering responsible investments but need more clarity around the regulatory position.

“We have worked hard to ensure our draft guidance is easy to understand and empowers trustees to make decisions that are right for their charity.”

He added: “I encourage trustees, charity staff, those involved in investment management, and anyone with an interest in how charities are run to take part in our consultation, to help ensure our final guidance is as clear and empowering as possible.”

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