CIC regulation

Community Interest Companies (CICs) are subject to strict rules about political activity. Arguably, they are stricter than the rules for charities. Yet the CIC Regulator has just 1% of the funding of the Charity Commission and celebrates the fact that last year it didn't need to use its regulatory powers at all. 

Plans to merge the CIC Regulator with Companies House look ill-conceived. The public often confuses CICs with charitable counterparts and Companies House has little experience of investigating and regulating political activity. 

As this article says, it would be in the public interest for the differences between CICs and charities to be made clearer and for the already loose regulatory framework for CICs not to be loosened further.