20 October 2020 more...
PlaceShapers respond to CLG review of HCA’s regulation.
The key points made in the PlaceShaper submission include:
- We believe in the need for the social housing sector to be regulated and are supportive of the coregulatory approach to regulation adopted in recent years.
- We also agree that regulation provides important comfort to our lenders and hope to
see a continuing resulting benefit of this in respect of borrowing costs.
- We believe it important that the regulator has and will continue to have enforcement powers and the resources needed to ensure that the highest risk providers cannot be allowed to fail. This is where we believe the regulatory focus should lie going forward.