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Delivering improvements to the regulatory framework for housing associations

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The primary focus of this paper continues to be the risks that may cause an RSL to fail to meet the Performance Standards as set out in the Regulatory Framework 2017.
This revised Regulatory Framework seeks to improve and strengthen our approach to regulation.
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Following publication of the interim evaluation of the Regulatory Framework report, the strategic action plan was agreed between representatives of the Regulatory Board, Community Housing Cymru, the Welsh Government and other stakeholder interests and approved by the Regulatory Board on 25 July 2013.

The Regulatory Board and the Welsh Government welcome the findings of the report. They are committed to working with the sector in driving change and delivering the improvements identified. In particular, in developing a more risk based approach to regulation, in changing the way in which regulatory assessments are undertaken and reported and in our commitment to co-regulation.

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