Source · Select Committees · Housing, Communities and Local Government Committee
Recommendation 21
21
Ensure registered providers' boards and executives possess sufficient expertise in their financial models.
Recommendation
Furthermore, the Regulator must ensure that, as part of its governance ratings, it examines whether registered providers’ boards and executive teams have individuals with sufficient expertise in the financial models the provider is using. Registered providers must demonstrate that they properly understand any capital markets and financial products they are exposed to. (Paragraph 101) The result of financial pressure: fewer new homes
Government Response
A response document is linked to this report, dated 28 November 2024. Response attribution to this conclusion has not been verified. Read the response document ↗