Regulator trails proposals to support RSL governing body members

Michael Cameron

The Scottish Housing Regulator has said its proposals for its new regulatory framework will aim to support RSL governing body members, recognising their important role and unique contribution to the sector.

The Regulator said it wants to help governing body members get the assurance they need that their organisations are well-run, and so can deliver what tenants, people who are homeless and other service users need and want at a price they can afford to pay.

In the past few days, the new regulatory framework has been addressed by the Regulator’s chief executive Michael Cameron and director of regulation Ian Brennan.

Mr Cameron told the Scottish Federation of Housing Associations’ (SFHA) annual governance conference in Glasgow: “It’s more important than ever that governing body members in RSLs assure themselves that they are focusing on the right things, managing risk, and delivering what their tenants and service users want and need at a price they can afford to pay.

“The changes we’re proposing to the regulatory framework are aimed at helping them do just that.”

Ian Brennan
Ian Brennan

Meanwhile, Mr Brennan told an audience of financial professionals at the Scottish Social Housing Annual Conference: “Our analysis tells us that sector finances remain strong. But it also tells us that there are challenges ahead.

“So it’s more important than ever for governing bodies to assure themselves that they are focussing on the right things, managing risk and delivering what their tenants and service users want and need at a price they can afford to pay.

“The changes that we are proposing to the regulatory framework are designed with an eye to a sustainable future for regulated bodies. And we will work with the sector to build upon existing strengths to sustain a culture of self-awareness, assurance and transparency.”

The Regulator will launch its consultation on its regulatory framework in October.

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