How should a board manage risk?

  • Careful monitoring of the activities and performance of the organisation, underpinned by a good understanding of the activity.

  • A comprehensive, thorough, risk management process that is regularly updated and reported to the board.

  • Strong awareness of the implications of all decisions the board makes, including the possible effect on reputation and finance.

The Charity Commission requires charities to report serious incidents. If a serious incident takes place within a charity, it is important that there is prompt, full and frank disclosure to the Commission. The charity needs to report what happened and, importantly, let the Commission know how it is dealing with it, even if the charity has also reported it to the police, donors or another regulator. This updated guidance (June 2019) guidance helps charity trustees identify serious incidents. It also explains how to report them and what to report: https://www.gov.uk/guidance/ho...

A new advice line specifically for charity whistleblowers opened on 3 June 2019. Created by the Charity Commission (with funding from Department for Digital, Culture, Media and Sport), the advice line is operated independently by the specialist whistleblowing charity Protect. It provides confidential advice to callers to help them decide what to do about raising a serious concern about their charity, including whether and how to raise their concerns with the Commission: https://www.gov.uk/guidance/re...

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