We have completed a review of the treatment of charitable and religious organisations under the non-bank deposit takers regime. As a result, regulations have been made excluding smaller charitable and religious organisations from the regime and providing larger organisations of this type with a transitional period to comply with specified aspects of the regime.
20 August 2013
We published a document seeking stakeholder feedback on a proposal to declare small charitable and religious organisations outside of the definition of Non-bank Deposit Taker.