Joint Communiqué from International Charity Regulator Leaders
Issued on November 4, 2024, at 17:22 UTC
Prelude:
In a historic gathering, leaders of international charity regulators met virtually on November 2-3, 2024, to discuss pressing issues facing the non-profit sector. The meeting was hosted by the Charity Commission of England and Wales, and attended by representatives from 25 countries.
Key Issues Discussed:
The regulators shared their experiences and perspectives on a range of topics, including:
- The impact of digital transformation on the charity sector
- The role of charity regulators in promoting transparency and accountability
- The challenges of cross-border fundraising
- The importance of protecting whistleblowers
- The need for collaboration and knowledge sharing among regulators
Joint Communiqué:
Following the meeting, the regulators issued a joint communiqué outlining their collective commitments to:
- Promote ethical and transparent practices: Regulators will work together to develop and implement best practices for charity governance and financial management.
- Foster innovation and collaboration: Regulators will encourage the development of innovative new technologies and partnerships that can enhance the effectiveness of the non-profit sector.
- Protect the public interest: Regulators will collaborate to ensure that charities operate in the best interests of the public and that public trust in the sector is maintained.
- Share knowledge and expertise: Regulators will establish mechanisms for sharing information, research, and best practices on a regular basis.
- Support emerging trends: Regulators will monitor and respond to emerging trends in the non-profit sector, such as the increasing use of technology and the rise of cross-border philanthropy.
Additional Commitments:
In addition to the joint communiqué, the regulators also agreed to:
- Establish a standing working group to coordinate their efforts on cross-border fundraising.
- Develop a common framework for protecting whistleblowers.
- Host a global conference on ethics and governance in the non-profit sector in 2026.
Significance:
This joint communiqué represents a significant milestone in the collaboration between international charity regulators. It demonstrates the regulators’ commitment to working together to strengthen the non-profit sector and protect the public interest. It also sends a clear message to charities that they must adhere to the highest standards of ethical and transparent behavior.
Conclusion:
The meeting of international charity regulator leaders was a productive and important step towards improving the regulation of the non-profit sector. The joint communiqué outlines the commitments of the regulators to promote ethical practices, foster innovation, protect the public interest, and share knowledge. These commitments will help to ensure that charities operate effectively and transparently, and that the public can continue to trust the sector.
Joint communique from International Charity Regulator leaders
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