Regulator thinking of penalties for late report submissions

The internal review team at the Charity Commission is considering imposing penalties on charities that miss the deadline for submitting annual reports to the regulator.

Commission figures show that only 62 per cent of charities file their reports on time. Last year, 13 of the top 200 charities failed to meet the deadline.

Commission chair Geraldine Peacock said last week that it doesn't have power to enforce deadlines: "We can rap people on the knuckles and say you can do better, but we don't have any sanctions."

Peanlties are being considered as part of a wider review launched by the commission in October. A report is expected in the New Year.

The Commission attempted to tackle late account submissions a year ago by naming and shaming charities on its website.

See Hot Issue, p17 and Editorial, p19.

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