Basic Search  |  Summaries  |  Advanced SearchPenalty: £0
Year: 2023
Date: 13 September, 2023
Offence Group: consumer-protection-related offences
Offence Type: consumer protection violation
Violation Description: Regulatory Notice served. The regulator has concluded that: a) Windrush Alliance UK Community Interest Company (Windrush) is non-compliant with the governance and viability elements of the Governance and Financial Viability Standard. b) Windrush has not been able to demonstrate that it has managed its affairs with an appropriate degree of skill, independence, diligence, effectiveness, prudence and foresight. c) Windrush has failed to ensure that it has an appropriate, robust and prudent business planning, risk and control framework and that it has managed its resources effectively to ensure its viability can be maintained. d) There is a lack of assurance that Windrush has not inappropriately advanced the interests of third parties in its lease deals, connected party transactions and payments to both internal and external individuals. e) Due to weaknesses in its governance arrangements, Windrush has not been able to provide the necessary assurance that it complies with the Home Standard. f) Windrush has not been able to provide the assurance that it is compliant with the Rent Standard.
Agency: Regulator of Social Housing
Source of Data: (click here)