Guidelines for charities that go into business ready by next year

In its 2018 annual report, the Commissioner of Charities said it will provide "guidance" to charities that engage in non-charitable activities, such as setting up business subsidiaries.
In its 2018 annual report, the Commissioner of Charities said it will provide "guidance" to charities that engage in non-charitable activities, such as setting up business subsidiaries.ST PHOTO: JASMINE CHOONG

SINGAPORE - The review of guidelines for charities that venture into business is expected to be completed next year, the charities watchdog told The Straits Times, and it will consult stakeholders in the sector while doing so.

The Commissioner of Charities (COC) Ang Hak Seng is enhancing the guidelines, first published in 2011, "to better protect charities' interests when they embark on business activities".

Please or to continue reading the full article. Learn more about ST PREMIUM.

Enjoy unlimited access to ST's best work

  • Exclusive stories and features on multiple devices
  • In-depth analyses and opinion pieces
  • ePaper and award-winning multimedia content