Governance Update

At the recent Extraordinary General Meeting, it was agreed to convert Action Porty to a Community Benefit Society (while still retaining our charitable status). The main benefit of this will be to enable us to raise funding through a community shares issue. Following the EGM, Action Porty submitted an application for registration (along with a copy of our new draft rules and other documentation) for approval to the Financial Conduct Authority. We expect to hear about the outcome of our application, from the FCA, within the next few weeks.