Thursday, 11 September 2008

4 areas of improvement - COC review of 7 religious groups

http://www.straitstimes.com/Breaking%2BNews/Singapore/Story/STIStory_277387.html
Straits Times, 11 Sep 2008


The first review of 7 religious groups with annual incomes of over S$10 million each has been completed by the Commissioner of Charities, and they have found 4 areas that need looking into. This review is intended to "help the groups improve on the way in which they are run."
  • proper procedures when giving loans
  • measures to manage potential problems arising from "conflict of roles" (board & staff)
  • procedures to manage conflict of interest situations;
  • donations given to external parties
See also
Governance of 7 religious groups to come under scrutiny - Straits Times (23 Oct 2007)
http://skillfulshepherds.blogspot.com/2007/10/governance-of-7-religious-groups-to.html

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