The new Fundraising Regulator plans to formally launch in the first week of July, a spokesman has confirmed.
The timing would mean that Stephen Dunmore, interim chief executive of the regulator, had fulfilled his aim of assuming control for the regulation of fundraising within six months of his taking on the role in January.
A spokesman for the regulator confirmed that the Code of Fundraising Practice would transfer from the Institute of Fundraising to the new Fundraising Regulator in a month’s time – in the same week that the IoF holds its annual Fundraising Convention – and that any complaints about fundraising practices after this date would go to the new regulator, rather than the Fundraising Standards Board.
The FRSB is likely to close down soon after.
The Fundraising Regulator spokesman said that a discussion paper about the regulator’s plans to charge a levy to charities to pay for its upkeep would be published before the regulator’s launch. He was unable to confirm the date for this but said the consultation would seek views from the sector and others.
Lord Grade, interim chair of the regulator, first announced that the regulator was planning to launch such a consultation in March. He said at the time that it would take place in May.
The idea of charging a levy to charities that spend at least £100,000 a year on fundraising first came from the Etherington review, which reported in September.