29 May 2014
Minister Fitzgerald welcomes first meeting of Charities Regulatory Authority
- Public Register of all Irish Charities to be established
- Charity Regulatory Authority to officially launch in October
Minister for Justice and Equality, Ms. Frances Fitzgerald, T.D., has welcomed the first meeting of the Charities Regulatory Authority which took place today (29th May).
The new Authority will operate as an independent regulator for the charity sector and will establish and maintain a new public register of all Irish charities. The Charities Regulatory Authority will be formally established on 16 October 2014 under the terms of the Charities Act of 2009.
Minister Fitzgerald said that the new Authority will play an important role in renewing public confidence in charities.
“I am pleased to welcome the members of the Authority to their new roles. The work of the Authority in the coming months and years will support the rebuilding of trust in our charities. Through their work, charities in Ireland play a vital role in our communities. With the establishment of a dedicated regulatory framework under the Charities Act, they will be supported in this role.”
Minister Fitzgerald continued: “The Authority also has an important responsibility to increase transparency across the charity sector. This is critical to the rebuilding of public confidence in our charities.”
Chairman of the Authority, Mr Conor Woods, Chairperson of Chartered Accountants Ireland Charity Committee, said: “It is an important step to have our first meeting today. The Board is excited about embarking on the road to implementation of the Charities Act 2009, stronger regulation, better transparency, and a clearer framework for compliance reporting for all charities in Ireland. We look forward to the next steps on the journey and to working with the charity sector in Ireland”.
(The temporary website of the Authority is at www.charitiesregulatoryauthority.ie)