Office of the Scottish Charity Regulator considers publishing some charity accounts

The regulator says in its email bulletin it will consult the sector when it has identified its preferred option

Office of the Scottish Charity Regulator
Office of the Scottish Charity Regulator

The Office of the Scottish Charity Regulator is considering publishing some charity accounts on its register, it has announced.

The regulator currently does not publish Scottish charities’ accounts on its register, whereas the Charity Commission does so for charities in England and Wales.

However, the OSCR says in an email bulletin today that, as part of a review of how it monitors accounts submitted to it, it would be working with the sector to develop "wider new proposals". 

"We are, for example, giving active consideration to the options for publishing some charity accounts on the register – we’ll provide regular updates," it says.

As part of its review, the regulator says, it is hoping to become "more targeted" in the use of its resources to encourage compliance with charity law.

It says that part of this would entail the OSCR contacting charities that submit accounts with deficiencies or errors to explain how the accounts should be prepared for the next year, rather than asking for a resubmission. It would only ask for resubmission in cases where it could not find the information required for the register to be updated, it says.

A spokesman for the OSCR said it had not set a prescriptive timetable for the changes, but they would be made on a phased basis. "We will consult the sector once we have identified our preferred options," he said. "We’ll also be issuing regular updates."

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