Charities - The Importance Of Philanthropy For Wealth

Introduction

Charities have been in the headlines recently. Revelations about Oxfam aid workers shone a light on the charities sector and highlighted certain failings where the sector has not lived up to the required standards imposed by the public. The gesture of "giving" is an important aspect of society and it evokes betrayal if charities abuse their position. Much of the fallout has focussed on how charities are currently regulated and managed, which has enabled failings to happen. So what is the position in Jersey in respect to the regulation of charities?

Charities (Jersey) Law 2014

The Charities Law was introduced in 2014 and provides a framework by which charities in Jersey will be regulated. It applies to companies, trusts, foundations, fidéicommis and incorporated associations.