Regulation ensures the excellent performance and reputation of housing associations and co-operatives in Scotland and provides assurances to tenants, service users and lenders.
All housing associations and co-operatives are regulated by the Scottish Housing Regulator (the SHR). The SHR’s Regulatory Framework outlines the powers and duties of the SHR, as per the Housing (Scotland) Act 2010. The SFHA liaises closely with the SHR and represents members’ views in responding to any SHR consultations or the production of any SHR publications.
The Scottish Housing Regulator is currently reviewing its Regulatory Framework. This process will take place over the course of 2018, and began with a Discussion Paper in January outlining its initial thinking. The SFHA response to the Discussion Paper is available in the downloads section beneath this article, or by clicking on the link below:
The SHR took on board a number of points highlighted in the SFHA response and - to further shape aspects of its proposals - SHR asked SFHA to help it put together a small Working Group of members and other key stakeholders, which met four times over the course of the summer. SFHA also put in place its own Regulatory Sounding Board of members – which the SHR attended in September, and the SHR attended the first meeting of our Chairs’ Forum in October to discuss its proposals further. As well as this, SFHA circulated the SHRs initial Social Housing Charter Indicator proposals to its practitioner forums for comment in advance of a separate meeting between the SHR, SFHA and members of the forums.
Following all of this initial discussion, SHR issued its formal consultation paper and draft regulatory framework in October, seeking responses by 14 December 2018.
Both are available via the links below:
The framework document links to various additional revised regulatory guidance, such as Notifiable Events guidance, Group Structures guidance and revised Charter Indicators - all of which also form part of this consultation. These are all collected as a consultation package, available via the below link:
The SHR is aiming to publish the revised Regulatory Framework in February 2019, coming into force in April 2019.
Over the course of November, SFHA will hold three free consultation round table events (details below) in conjunction with the SHR and GWSF (for the Glasgow event).
SFHA will also hold a meeting of its Regulatory Sounding Board of members in early December to discuss feedback received at these events, and its final response.
All SFHA members will receive a copy of a final draft SFHA response in early December, for comment by 11th December 2018. This will allow SFHA enough time to make any significant and material amendments necessary prior to submission of our finalised response on 14 December.
An SFHA briefing note on the consultation, along with templates to help submit any more detailed comments you may have to SFHA, is available in the downloads section beneath this article.