The Revised Code Of Governance For Charities

1. Introduction

On 4 April 2023, the Charity Council published the revised Code of Governance for Charities and Institutions of a Public Character (the Code). The Code aims to raise the standards of governance in the charity sector and instil confidence in Singaporeans to give and support charities and their causes.

The Code is formulated after a public consultation and four (4) dialogue sessions with 134 charities and will take effect from the financial year of charities beginning on or after 1 January 2024.

This article will highlight and discuss the principle-based approach reflected in the Code, with the introduction of clearer guidelines to strengthen the governance practices of charities in Singapore, as well as some of the key amendments brought about by the Code.