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Regulator closes compliance case against UK billionaire's charity

News Team, 01/08/2023

The Charity Commission has closed its regulatory compliance case into the Jim Ratcliffe Foundation, concluding that the charity’s activities further its purposes and that there is no further role for the regulator.

The commission opened its case to assess whether grant funding provided by the charity towards construction of Club Des Sports Courchevel’s (CDS) ski clubhouse was in furtherance of its charitable purposes.

The CD...


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