The Institute of Chartered Secretaries and Administrators is incorporated and governed by Royal Charter. Royal Charters are awarded to bodies that work in the public interest and can demonstrate pre-eminence, stability, and permanence in their field. ICSA’s Royal Charter was granted in 1902 and has been subject to a number of revisions throughout subsequent years. Recently in 2015, ICSA’s byelaws were revised and updated and subsequently passed by Her Majesty’s Privy Council on 20 January 2016.
The Royal Charter continues to signal the vital role that we play in developing and supporting governance professionals. Members who complete their professional qualification can refer to themselves as ‘chartered’ – a by-word for professional competence.
As a chartered body, the ICSA is not directly subject to the laws and codes of practice relating to companies. Instead, our constitution, governance, and operational arrangements are set out in our Royal Charter and Byelaws. As best practice, we voluntarily apply the provisions of the UK Corporate Governance Code in preparing our annual report and accounts where it is reasonable to do so.
In most of the nine divisions local service companies have been established to administer the operations of the ICSA. In such cases, the companies are subject to their local companies’ legislation. Please refer to the websites of each division to find out more about their local governance.
The Charter in its current form refers to the Royal Charter of 22 June 1966 and the Supplemental Charter of 10 September 1971 as amended under article 21 by Order of the Privy Council dated 5 March 2014.
The byelaws of 5 March 2014 with amendments on 20 January 2016, supercede the byelaws as allowed by the Lords of Her Majesty’s Most Honourable Privy Council on 13 December 1999.
Reports of the Council of the Institute of Chartered Secretaries and Administrators