Britain's charity watchdog said Thursday that it was launching an investigation into Sentebale, the charity Prince Harry set up in memory of his mother, Princess Diana.

Prince Harry has announced his resignation from a charity he cofounded in 2006 to honor his mother, the late Princess Diana.

The Charity Commission’s goal is “to determine whether the charity’s current and former trustees, including its chair, have fulfilled their duties and responsibilities under charity law.” Harry released a statement welcoming an inquest into the organization he co-founded in honor of his late mother,