Basic Search  |  Summaries  |  Advanced SearchPenalty: £0
Year: 2021
Date: 19 July, 2021
Offence Group: consumer-protection-related offences
Offence Type: consumer protection violation
Violation Description: Regulatory Notice served. The regulator has concluded that: Eldonian Community Based Housing Association Limited (Eldonian CBHA) is non-compliant with the Governance and Financial Viability Standard. It has failed to ensure that its governance arrangements are effective and have not complied with their own governance documents as part 1.1 of the standard requires. Eldonian CBHA is unable to demonstrate that it has an appropriate, robust and prudent business planning, risk and control framework in place in line with 2.4 of the Governance and Financial Viability standard. Eldonian CBHA has failed to ensure it is managing its affairs with an appropriate degree of skill, independence, diligence, effectiveness prudence and foresight (2.2 of the Governance and Financial Viability standard). Eldonian CBHA has failed to communicate with the regulator in a timely manner on material issues that relate to non-compliance with our standards (2.7 of the Governance and Financial Viability standard).
Agency: Regulator of Social Housing
Source of Data: (click here)