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ARTICLE · 17 APRIL 2020

FAQs - Risk Mitigation For Charities

Wrigleys Solicitors LLP
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Active risk management is a key duty of charity trustees. The Covid-19 pandemic is an example of a risk arising.

United KingdomCorporate/Commercial Law

Active risk management is a key duty of charity trustees. The Covid-19 pandemic is an example of a risk arising.

The Charity Commission has extensive and helpful guidance to be found at CC 26 - Charities and Risk Management. Although charities will not have prepared specifically for the current circumstances they should have had in place a disaster management plan.

What immediate actions should trustees be taking?

On the basis there is a plan trustees should be both implementing this and, in parallel, be reviewing it to ensure it is sufficiently extensive.

Given the necessity for remote working, there should be clear delegated authority to staff or individual trustees to make key decisions quickly. Lines of authority and decision making should account for possible unavailability through illness.

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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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