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Hugh Thomas . Independent Chair of the Regulatory Board for Wales Regulation in Wales. Introduction and context. The Essex Report and Review Developed alongside the sector Terms of reference set for the Regulatory Board for Wales (RBW) Accountability at all levels.
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Hugh Thomas Independent Chair of the Regulatory Board for Wales Regulation in Wales
Introduction and context • The Essex Report and Review • Developed alongside the sector • Terms of reference set for the Regulatory Board for Wales (RBW) • Accountability at all levels
Core regulatory principles • Strong accountability • A citizen focused approach • Proportionate to risk • Transparent links between risk and response • Consistent across the sector • Promoting improvement and learning
Key framework elements • Self assessment by Housing Associations • Performance standards • Relationship management approach • Annual regulatory assessment • A Strong voice for the service user
Unique policy context of Wales opposed to England • Relationship management approach • Unique Welsh position • Portfolio allocation of HAs to Senior Regulation Managers • Building a soft and hard intelligence base • Learning the specific circumstances of particular HAs
How far has the Regulator travelled? • Consultation to date indicates strong sector support for the framework • Further consultation on operational approach to Regulation • Finalising the Regulators approach to performance standards • First meetings of the Regulatory Board and Tenants Advisory Panel imminent • Taking forward the ‘unique’ Welsh approach