The updated version of the Charity Governance Code has been
published today.
The new Code sets out the principles and recommended practice
for good governance for charities and is designed as a tool to
support continuous improvement.
Charities are encouraged to meet the principles and outcomes of
the Code by either applying the recommended practice or explaining
what they have done.
The Charity Commission has announced that it has withdrawn its
Hallmarks of an Effective Charity guidance and will instead refer
people to the new Code, even though meeting all the recommended
practice in the Code is not a regulatory requirement.
Consultation on changes to the Code, which was previously called
the Code of Good Governance, began last year.