Uncertainty remains despite the announcement of the members of the Homes and Communities Agency regulatory committee
The unveiling this week of the members of the regulatory committee of the Homes and Communities Agency might not set pulses racing at first glance, but it should.
This is the final piece of the jigsaw to prepare the HCA to be the new face of regulation in England. The four people joining committee chair Julian Ashby clearly bring different skills to the table, although there will be some rumblings that the appointments of Piers Williamson - the chief executive of an organisation involved in arranging finance for housing associations - and Richard Moriarty - a former head of regulation at the Tenant Services Authority - are a little too cosy.
Of greater concern, though, is the fact that the four individuals have only been appointed for 12 months. This is not standard governance practice and, while it provides flexibility if things are not going well, it is hardly a ringing endorsement of what secretary of state Eric Pickles has claimed is a ‘strong committee’. If it’s strong, back it to do its job - the last thing we need in regulation is more uncertainty.