Charity Commission Probes FIA Foundation Over FIA Ties and Conflicts

TL;DR Summary
The Charity Commission for England and Wales has opened an official inquiry into the FIA Foundation, issuing a temporary order restricting certain transactions without written approval. The probe will examine the Foundation’s relationship with the FIA, potential conflicts of interest in grants, and whether the charity’s property is at risk, with scope possibly expanding. The Commission says the inquiry does not imply wrongdoing and the trustees will cooperate; nine of the twelve trustees also hold senior FIA roles, raising independence concerns.
Topics:world#business#charity-commission#conflicts-of-interest#fia-foundation#governance#grants#notetrimmed
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