Transatlantic regulators to meet, Brown says

Third sector regulators in the US and the UK will meet to discuss bringing charities in the two countries closer together, Gordon Brown announced in a speech in the US.

He said US charities would get guidance on how to register and claim tax benefits in the UK.

The Prime Minister also revealed plans for philanthropic organisations from both nations to meet in New York to discuss projects in which they can work together.

He also said youth volunteering organisation v would work with its US equivalents to make it easier for young Britons and Americans to volunteer in each others’ countries.

The Charity Commission welcomed the opportunity to further develop its contacts with US regulators. “We would endorse this approach,” a spokeswoman said. “A vibrant charitable sector makes a significant contribution to any country, and we are always keen to work with regulators in other countries to support the development of this contribution internationally.”

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