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Life beyond red tape

Life beyond red tape. Claer Lloyd-Jones Chief Executive Tenant Services Authority. Context. Macro economy and the housing market Constraints on public expenditure Social housing and welfare reform Minimising the burden of regulation Co-regulation and localism Strength of the sector.

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Life beyond red tape

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  1. Life beyond red tape Claer Lloyd-Jones Chief Executive Tenant Services Authority

  2. Context • Macro economy and the housing market • Constraints on public expenditure • Social housing and welfare reform • Minimising the burden of regulation • Co-regulation and localism • Strength of the sector

  3. The new Regulatory Framework - April 2010 • Co-regulation • Economic regulation • Consumer regulation • Minimising the burden

  4. Review of Social Housing Regulation • Economic and consumer regulation functions to be transferred to the HCA • Independent Statutory Regulation Committee • Maintaining lender, investor and sector confidence is vital • Consumer regulation to be backstop • Localist solutions to tenants’ problems

  5. Maintaining confidence and continuity • Appointments to Board and Committee • Defining the role of the Regulation Committee and how it will operate • Transferring staffing and resources • Reforming the Regulatory Framework

  6. Reforming the Regulatory Framework • Setting the regulatory framework - standards • Registering providers of social housing • Analysing the social housing market to inform our approach to regulation and risk • Ensuring private registered providers are well governed, viable and deliver value for money • Intervening where there is ‘serious detriment’

  7. Economic regulation Economic regulation: Questions for Boards • What strategic choices have you made about how you use your resources? • How have you defined your VFM objectives? • How are you delivering value for money? • Risk appetite and alignment with objectives

  8. Implications for providers and tenants Co-regulation and Localism: questions for Boards and Councillors • What is our commitment to accountability and to involvement of our tenants? • How is this reflected in the decisions we make? • Is our approach to local offers effective? • Was our report to tenants useful and informative? • How do we know?

  9. Summary • More challenges, more risk • Boards and elected officials as leaders • Co-regulation – working in partnership

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