< Back to results

HCA focuses on transparency

Thu 13 Aug 2015

Smaller social housing providers who miss financial reporting deadlines can now expect to be named on the sector regulator's website.

The Homes and Communities Agency (HCA) has started publishing regulatory notices relating to those organisations with 1,000 homes or less that do not submit their accounts on time.

Bronwen Rapley, deputy director for investigation and enforcement at the body, told Inside Housing that the submission of accounts gives us "evidence of viability", adding "it is about transparency".

She insisted that while the HCA aims to be proportionate in how it deals with smaller organisations, those who continually fail to hand in the required information must expect enforcement action.

Regulatory notices are shorter than regulatory judgments and are only published wither when a provider with fewer than 1,000 units fails to comply with required economic or consumer standards.

Just this week, Dame Bertha Lopes Almshouses, Almshouses of William & Rebecca Pearce, Brent Community Housing, Charity of Sarah Jane Wood & Mary A Garnett, Harman Atwood for Almshouses and Curates House, Joseph Chariott’s Charity, the Abbeyfield Dorcas Society, the Abbeyfield Wallasey Society, and the Butlin & Elborow Housing Trust were named on the HCA for filing their accounts late.

For further information on any of the points raised in this article please contact James Duncan, Louise Leaver or Patricia Umunna in our Social Housing Finance Department

Filter News :


Upcoming Events :

Latest developments in law & practice for Local Government

Tue 28 Nov 2017

Minerva House, 5 Montague Close, London SE1 9BB

Read more

Winckworth Sherwood’s ‘outstanding’ team encourages ‘challenging and thought-provoking debate’.

Chambers and Partners UK