Liverpool-based landlord deemed non-compliant by regulator after ‘basic level’ failures

Around the same time, the regulator received information which indicated that there was no executive team in the organisation following the retirement of the chief executive and finance director, while all but one of the management committee members had also recently resigned.

The executive positions are now being covered by interim officers and recent attempts to add new independent members to the management committee were in breach of the organisation’s rules, the judgement said.

The regulator said it has “identified a serious breakdown in the governance, operations and control framework of the provider at the most basic level, which impacts upon the provider’s ability to operate effectively and within vires, potentially putting tenants and social housing at risk”.

According to the judgement, Eldonian has now appointed consultants to senior management positions on an interim basis to “assess its current position in respect of compliance against our regulatory standards”.

“The regulator will continue to engage with Eldonian CBHA as it seeks to become compliant with the regulatory standards and will consider whether any further regulatory action is required,” the judgement said.

Eldonian CBHA declined to comment.