Money matters: The Institute of Chartered Accountants of Scotland, The Treasury and The Charity Finance Directors' Group

David Ainsworth's round-up of what's happening in the finance world.

The Institute of Chartered Accountants of Scotland has written to Nick Hurd, the Minister for Civil Society, warning him that a recently launched big society taskforce to simplify third sector regulation must consider how its proposals affect Scotland. Charity law is devolved in Scotland, so the taskforce is concentrating on England and Wales. But Icas warned that two main areas being considered, company law and Gift Aid, were UK-wide issues and the impact of any reform on Scottish law should be considered.

The Treasury is still considering reform of charity pooled funds, but has no immediate plans to publish any recommendations, according to a spokesman. The Treasury ran a consultation, which closed on 31 October, proposing that the regulation of common investment funds and common deposit funds should be taken from the Charity Commission.

The Charity Finance Directors' Group's south west & Wales conference will take place on 13 October in Bristol. Alun Michael, chair of the all-party parliamentary group on the community and voluntary sector, is the keynote speaker.

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