PracticePeople In PracticeWorld Trade Centre fund launched

World Trade Centre fund launched

The Charity Commission yesterday registered the World Trade Centre Disaster Fund as a new charity following an application by the Institute of Financial Services.

Founders claim the fund had been set up to help those in need in New York and Washington and to help those who suffer in similar tragedies.

‘The very close relationships both commercial and personal, between those who work in the financial services industry in the United Kingdom and the United States, mean that the effects of this atrocity are felt as closely in this country as they are across the Atlantic,’ said Sir Edward George, governor of the Bank of England and a trustee of the new fund.

Other trustees behind the move are Lord Levene, vice chairman of Deutsche Bank and chairman of IFSL and a former Lord Mayor of London and Peter Mimpriss, a senior partner at law firm Allen and Overy.

Simon Gillespie, director of operations at the Charity Commission, said the tragic events in the US had prompted swift action from the government body, which exists to give public confidence in the integrity of charity.

‘The Commission has acted quickly in registering this charity to ensure much needed assistance can be given as soon as possible,’ he said.

Links

Five PwC staff among terrorists’ victims

UK consultants in New York horror

Commission urges charities to comply

Related Articles

Is inefficiency stealing your time and money?

Accounting Firms Is inefficiency stealing your time and money?

6m Emma Smith, Managing Editor
CIMA elects new president

Institutes CIMA elects new president

6m Emma Smith, Managing Editor
Transparent currency trade: How to achieve costs visibility

Governance Transparent currency trade: How to achieve costs visibility

6m Emma Smith, Managing Editor
Introduction to KPMG UK’s new leadership team

Accounting Firms Introduction to KPMG UK’s new leadership team

6m Emma Smith, Managing Editor
EY appoints head of UK Infrastructure Asset Intelligence practice

Accounting Firms EY appoints head of UK Infrastructure Asset Intelligence practice

8m Emma Smith, Managing Editor
FRP Advisory expands operation with new office, partner appointments

Accounting Firms FRP Advisory expands operation with new office, partner appointments

10m Emma Smith, Managing Editor
Magma Group announces merger, partner promotions

Accounting Firms Magma Group announces merger, partner promotions

10m Emma Smith, Managing Editor
MHA MacIntyre Hudson advises on management buy-out

Accounting Firms MHA MacIntyre Hudson advises on management buy-out

10m Emma Smith, Managing Editor