The charity’s objects are to advance the Jewish religion, in particular as practised by Sephardi Jews.
Beth Yosef Foundation was placed under inquiry in December 2016, over concerns about its administration and the financial management of the charity.
The regulator has ongoing concerns surrounding financial matters, including potential liabilities and debts, as well as the management of conflicts of interest.
As a result, the Commission exercised its powers under the Charities Act 2011 to appoint an interim manager, Guy Hollander of Mazars, on 09 February 2021. His role will be to take on the management of the charity to the exclusion of its trustees.
The Commission’s inquiry continues.