The Charity Commission has launched a regulatory compliance case into Princess Eugenie's Anti-Slavery Collective, citing "concerns" about how the organisation has been spending its funds.
A spokeswoman for the watchdog confirmed to GB News on Wednesday: "We have opened a regulatory compliance case into Anti-Slavery Collective to continue assessing concerns raised with us about charitable spending.
"As part of this, we will be engaging further with the charity's trustees."
The regulator has not established a timeline for completing its enquiries. Importantly, this action does not constitute a statutory inquiry, and no findings or conclusions have yet been reached.
Princess Eugenie of York and Julia de Boinville at The Anti Slavery Collective's inaugural Winter Gala in 2023
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GB News has contacted the Anti-Slavery Collective for a comment.
This regulatory action marks an escalation in the Commission's scrutiny of the charity, which Eugenie established alongside Julia de Boinville in 2017.
In March, a spokeswoman had told the People's Channel: “We are assessing concerns raised in the media about charitable spending at The Anti-Slavery Collective to determine what role there is, if any, for the Commission.”
Reports from October claimed the organisation had accumulated £1.5million in donations during the previous financial year, yet distributed minimal amounts, carrying forward £1.3million.
Princess Eugenie speaking about her work as Director of the Anti-Slavery Collective at the UN Headquarters in 2018
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A substantial portion of that income originated from a major London gala held in 2023.
The charity's most recent accounts, covering the year to April 5, 2025, show donations plummeted to just £48,000, while salary expenditure reached £191,537, twice the amount allocated to actual charitable programmes.
Earlier this year, Eugenie ended her seven-year patronage of a separate organisation, Anti-Slavery International.
The charity said: "After seven years, our patronage from HRH Princess Eugenie of York has come to an end.
Princess Beatrice, Sarah Ferguson, and Princess Eugenie at The Anti Slavery Collective's inaugural Winter Gala
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"We thank the princess very much for her support for Anti-Slavery International.
"We hope that she continues to work to end slavery for good and deliver freedom for everyone."
No explanation was provided for the departure, though it came after the US Department of Justice released the Epstein files, which intensified scrutiny of her father, Andrew Mountbatten-Windsor's, connections to the late convicted sex offender.
Mr Mountbatten-Windsor has consistently denied any wrongdoing.
Ed Sheeran, Lord Harry Dalmeny and Princess Eugenie at The Anti Slavery Collective's inaugural Winter Gala
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Being mentioned in the Epstein files is not an indication of misconduct.
The princess has endured a turbulent period, with her parents losing their royal titles and being evicted from Royal Lodge in Windsor.
Despite these challenges, Eugenie recently announced she is expecting her third child with husband Jack Brooksbank, due this summer.