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WHAT IF AN EVENT HAPPENS?
The fact that you have identi ed a risk and included it on the risk register, does not mean it simply will not happen! If it happens, then it reinforces the reason why you included it on the register. However, if it happens and it is clear you had identi ed the risk, set out the action to control the risk but then never implemented the actual actions, this may be problematic.
If an event occurs, then it is likely to fall into the category of a serious incident, and should be reported to the Charity Commission in the usual way. If the incident involved, or could result in, a signi cant loss of funds or a risk to your property, work, bene ciaries or reputation then this should be reported to The Commission immediately.
When making a serious incident report to The Commission, you will need to outline what steps you have taken to prevent the incident occurring, or to prevent it occurring again in the future. If you have a clear outline of planned action in your risk register, then you will be able to refer this to The Commission and be able to show that not only was the risk anticipated, you had taken planned corrective action to prevent it happening, but it happened anyway.
ARE THERE ANY ISSUES FOR ME PERSONALLY AS A TRUSTEE, IF A CLAIM IS BROUGHT AGAINST THE CHARITY?
Potential claims will fall into one of two main categories, civil claims and criminal claims. The extent to which trustees are involved depends upon how your charity is structured.
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