Basic Search  |  Summaries  |  Advanced SearchPenalty: £0
Year: 2021
Date: 18 June, 2021
Offence Group: consumer-protection-related offences
Offence Type: consumer protection violation
Violation Description: Regulatory Notice served. This regulatory notice supersedes the notice published on 31 July 2019 and is a result of intensive regulatory engagement with Brent Community Housing Limited (BCH).The regulator has concluded that: BCH remains non-compliant with the Governance and Financial Viability Standard. It has not managed its resources effectively to ensure its viability can be maintained and has not ensured its governance arrangements are effective. BCH has not been able to demonstrate that it has managed its affairs with an appropriate degree of skill, independence, diligence, effectiveness, prudence, and foresight. BCH has failed to ensure that it has an appropriate, robust, and prudent business planning, risk and control framework that ensures sufficient liquidity at all times.
Agency: Regulator of Social Housing
Source of Data: (click here)