Mutual Evaluation Report 2018: Rated ‘Compliant’ on Recommendation 8 and ‘High’ on IO10
The 2017 National Risk Assessment assessed the risk of abuse of nonprofits for terrorism financing as ‘low’ . It also flagged the issue and impact of bank derisking on charities. The earlier 2015 National Risk Assessment had assessed NPO risk to terrorism financing as ‘medium’.
The Charities (Protection and Social Investment) Bill was introduced in the House of Lords on 28 May 2015. The bill would protect charities from people who present a risk of abuse, and give the Charity Commission for England and Wales new and tougher powers to tackle serious abuse of charities. The bill would also give charities a new legal power to invest their funds in a way that provides a financial return and furthers the charity’s aims.