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Regulatory Board for Wales publishes review of governance

The group responsible for scrutinising Welsh housing associations has published a review of governance in the sector.

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Picture: Getty
Picture: Getty
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Regulatory Board for Wales publishes review of governance #ukhousing

CHC launches new code of governance for Welsh sector #ukhousing

More progress needed on governance in Wales, says RBW #ukhousing

The review, carried out by the Regulatory Board for Wales (RBW), examines the progress made on governance since 2013 and outlines recommendations for further improvements.

Housing associations have made strides to increase the skills and involvement of board members since the last review five years ago, it found, but some are still failing to communicate the work of their boards to tenants and staff effectively.

It comes as the sector’s representative body, Community Housing Cymru (CHC), launches a consultation on a new code of governance today.


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Helen White, chair of the RBW, said: “The housing association sector aspires to be the best governed sector in Wales. This review provides a range of opportunities for everyone involved in housing associations in Wales to work together to realise that aspiration.

“The RBW together with CHC will be setting up a governance thought leadership group to support this, and over the next year will also be carrying out an important piece of work looking at tenants and service users role in governance.”

The new code is based on seven principles for good governance, such as leadership, transparency and diversity. It will be open to sector views for eight weeks.

“Big ambitions require strong leadership. We are no longer talking about process but culture. No longer prescribing a checklist but a set of principles that organisations and boards will interpret and adopt in the best way to fit the purpose and mission of their particular organisation,” said Stuart Ropke, chief executive of CHC at the organisation’s governance conference.

“We are in a time of huge uncertainty and challenge. But in a time when housing associations in Wales can make a bigger difference than ever before as we strive to make Wales a place where good housing is a basic right for all.”

Housing associations in Wales have committed to doubling their development rate over the next 20 years to deliver 75,000 homes.

The other principles in the new code of governance are: including organisational purpose, integrity, decision-making, risk and control, and board effectiveness.

Update: at 17.02pm, 08/03/18 A comment from Helen White was added to the story.

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