Updated Charity Sector Guidance

OFSI has updated its Charity Sector Guidance.

Latest updates to our charity guidance include information on due diligence when using Informal Value Transfer Systems (IVTS) including Hawala systems, a reminder of the UK’s ownership and control policy, a specific section on Afghanistan and highlights of the relevant parts of OFSI’s enforcement approach.

OFSI has also produced supplementary guidance through its blog which can be accessed here.