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In the coming weeks OSCR will be asking charities to submit details for each of their charity trustees. To help charities prepare for this, and the other important changes that will be introduced this year, I have created a practical guide incorporating a checklist with recommended steps to take now. You can access it here:…
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The Scottish Government’s recent announcement that it will introduce regulations to raise the audit income threshold for Scottish charities from £500,000 to £1,000,000 later this year is undoubtedly beneficial and long overdue. This is excellent news for many organisations as it will alleviate a significant administrative burden and potentially allow more funds to be directed…
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New Identity Verification Rules for Directors and Company Officers Significant changes are coming this year regarding the verification of the identity of directors, company secretaries, persons with significant control (PSCs), and those submitting filings on behalf of a company. These updates are aimed at improving transparency and security within corporate governance. Voluntary Verification from April…
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As a professional adviser to the Scottish charity sector, I have been contemplating the necessary governance safeguards organisations need to adopt to effectively harness Artificial Intelligence (AI). The increasing integration of AI into various software platforms has become impossible to ignore. I believe it is now essential for organisations to agree their position on AI…
