The Rise of Chartership

PARN Global News Article - 24 June 2014

The Rise of Chartership

The rate of professional bodies achieving Chartered status has risen markedly since 2000, particularly in the UK and Commonwealth countries where the Chartered ‘brand’ is well recognised.

The British monarch granted land to the Church through Royal Charters from early medieval times and from the 8th century to lay people. The most famous Royal Charter, the Magna Carta, was signed by King John in 1215 under pressure from the
Since then monarchs have granted various rights or powers in perpetuity in this way, generally through the Privy Council. Before the establishment of the process for registering limited liability companies, a Royal Charter was the only way an incorporated body could be formed.
Now most of the current 900 organisations with Royal Charters are cities, theatres, universities, charities and professional bodies. Professional bodies have an additional way of using the Chartered kitemark by also gaining the right to confer Chartered status on members who can then call themselves Chartered professionals.
According to the Privy Council website, ‘New grants of Royal Charters are these days reserved for eminent professional bodies or charities which have a solid record of achievement and are fi nancially sound. In the case of professional bodies they should represent a field of activity which is unique and not covered by other professional bodies. At least 75% of the corporate members should be qualified to first degree level standard. Finally, both in the case of charities and professional bodies, incorporation by Charter should be in the public interest.’

Read the Full Article...

You can read the full feature article online in the 2014 Professional Body Sector Review to see which professional bodies have recently achieved Chartered status plus read interviews with Diane Burleigh OBE, CEO of CILEx, and Sally Hayns, CEO of CIEEM: