Basic Search  |  Summaries  |  Advanced SearchPenalty: £0
Year: 2021
Date: 23 July, 2021
Offence Group: consumer-protection-related offences
Offence Type: consumer protection violation
Violation Description: Regulatory Notice served. The regulator has concluded that: Concept Housing Association CIC (Concept) is non-compliant with the governance and financial viability elements of the Governance and Financial Viability Standard. It has failed to ensure that it has effective governance arrangements in place that deliver its aims, objectives and intended outcomes for tenants in an effective, transparent and accountable manner. Concept has failed to demonstrate that it has an appropriate, robust and prudent business planning and risk and control framework in place. Concept has also not been able to demonstrate that it is managing its affairs with an appropriate degree of skill, independence, diligence, effectiveness, prudence and foresight. Concept has been unable to demonstrate how it can ensure its viability is maintained due the lack of a current business plan.
Agency: Regulator of Social Housing
Source of Data: (click here)