Government seeks views on future regulation of charity pooled investments

The government is consulting on whether to move the regulation of charity pooled investment and deposit funds away from the Charity Commission, and more fully within the scope of FSA regulation.

There is a specific proposal to set up a new type of Authorised Investment Fund only open to charity investors, whilst preserving the existing generous UK tax regime.
 
The consultation runs until 31st October.

The consultation is being led by HM Treasury, supported by the Office of the Third Sector, the Financial Services Authority, and the Charity Commission.

The consultation document is available from HM Treasury website.