Time to get to grips with governance
TPR is keen to raise standards of governance. There is currently no appetite to introduce minimum qualifications for trustees, or a formal CPD framework. Instead, TPR intends to get “back to basics” by:
- improving its online guidance for trustees
- making clear its expectations, particularly of chairs and professional trustees and
- taking enforcement action where trustees or managers are “unable or unwilling” to meet its
expected standards of governance and competence.
TPR’s new initiative and the impending changes to data protection legislation make now the ideal time for trustees to review their governance procedures and processes.