Article summary
The Institute of Chartered Accountants of Scotland (ICAS) has responded to the Scottish government’s consultation on reviewing Scottish charity regulation which closed on 22 July 2024. ICAS has called for a comprehensive review considering the time that has passed since the Charities and Trustees Investment (Scotland) Act 2005 came into effect. ICAS expressed that the review should build on the reforms of the Charities (Regulation and Administration) Act 2023 and should consider what changes are needed to ensure regulation is effective, meets the future needs of the sector and maintains public trust and confidence.
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