What is Regualtion · Introduction to Regulation’s Governance Development project The Right Stuff...
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Regulation Update
Transcript of What is Regualtion · Introduction to Regulation’s Governance Development project The Right Stuff...
Regulation Update
What have we been doing this year…..
Priority:
• Regulatory Judgement Reports – 18 so far,
around 10 this quarter
• Managing 7 cases of regulatory concern
What else:
– Embedded new operating model – regulated self
assurance
– Hearing the tenants Voice
– Continuing Health and Safety
– PAC – final update – all recs completed
– Supported RBW/RAG
– Communications
– Filling vacancies – RBW and our team
What’s coming up:
• Domain regulation – tenants
• Circulars/Guidance
• WB procedure review
• Working with sector on rent affordability,
Schedule 1, global accounts, VFM
• Review of regulatory framework
• More lessons learned reports
• Data – satisfaction, what else?
• Regulation performance/assurance report
• Affordable Housing Supply Review
• More specific assurance reports from you
Introduction to Regulation’s Governance
Development project
Regulatory Concern Cases – currently 7 cases where
judgement is non “standard”.
5 RSLs have increased judgements and 2 are in the
Intervention category. 3 of those have non standard
judgements for financial viability.
Introduction to Regulation’s Governance
Development projectThe Right Stuff – Improving Housing Association Governance in Wales 2018Opportunities for the Regulator“The Regulator should continue to place an increased emphasis on governance…..” “The Regulator should provide further clarity to the sector on regulatory expectations in relation to governance.”Opportunities for the RBW“Continue to develop its role in supporting the drive towards better governance.”Opportunities for CHC & the sector“Formal recognition that effective governance is vital……..”Opportunities for individual HA’s“Regularly – at least annually – review governance effectiveness…..” and “……at least every three years, a formal and comprehensive review of governance effectiveness…….”
Governance Support Contract
21 November 2019
Ceri Victory-Rowe, Senior Consultant, Campbell Tickell
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What we’ve been asked to do
Provide expert governance support services to the Welsh Government social housing regulation team…
This will involve working collaboratively with Welsh Government to:
• Further develop the regulatory approach to assessing governance
• Enhance the skills and knowledge of the regulation team
• Ensure regulatory responses are as effective as possible and drive improvement
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Who we are
Ceri Victory-Rowe, Senior Consultant
James Tickell, Partner
Annie Field,Consultant Researcher
Tamsin Stirling, Associate Consultant
Walis George, Associate Consultant
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The plan
Research Development Listening & Testing TrainingImplementatio
n
Project management
Communication
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Research
• Risks and opportunities
• Key stakeholders and their views
• How WG assesses governance at the moment
• How other regulators do this
• Learning from cases where things have gone wrong
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Development
• Governance assessment model
• Risk and proportionality matrices
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Listening and testing
• Stakeholder engagement
• Pilot
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Training
• Governance training for the regulation team
• Training in using the governance assessment model
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Implementation
• Reflection
• Feedback
• Continuous improvement
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Questions for you
• What are the opportunities / benefits?
• What are you concerned about?
• What are the key things a governance assessment model should capture?
• How does something like this fit with a regulated self-assessment model?
Thank You
© Campbell Tickell, 2018. Please contact [email protected] for permission to reproduce any of this material.
Telephone 020 8830 6777 Recruitment 020 3434 0990
@CampbellTickel1
Ceri Victory-Rowe
07738 715075
