Scottish Housing Regulator updates MoU with charity regulator
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Michael Cameron
The Scottish Housing Regulator (SHR) and the Office of the Scottish Charity Regulator (OSCR) have today published an updated Memorandum of Understanding (MoU) which sets out how they will work together to regulate charitable Registered Social Landlords.
SHR and OSCR have distinct statutory responsibilities in relation to the regulation of charitable RSLs. The MoU describes the practical arrangements both regulators have put in place to co-ordinate their activities and deliver joined-up regulation of charitable RSLs.
The MoU maintains the ‘lead regulator’ model for charitable RSLs. This means that SHR will lead on the regulation of charitable RSLs whilst also ensuring that OSCR meets its legal duties.
Michael Cameron, chief executive of SHR, said: “SHR and OSCR developed this updated MoU to maintain our effective collaboration and to streamline regulatory requirements for charitable RSLs. The MoU explains how SHR and OSCR will work together to keep the requirements for charitable RSLs proportionate.”
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