The Johnny Depp -v- News Group Newspapers trial concluded last week and has been widely publicised and reported on around the World.
The Regulator of Social Housing has, this week, published a revised 'Regulating the Standards', largely to take into account the new Value For Money (“VFM”) Standard (which came into force on 1 April).
Key changes within the new 'Regulating the Standards' include:
- Updates to reflect the requirements of the new VFM Standard and accompanying Code of Practice, including how VFM compliance will be assessed as part of an In-depth Assessment;
- The clarity that 2017/18 accounts must be based on the requirements of the new VFM Standard, but recognition (which is likely to be welcome) that this may not be possible for all reporting requirements of the new Standard;
- An increased emphasis on Financial Forecast Returns providing details of all an RP’s planned activities, including projected development activity, and results of stress testing against the financial forecast; and
- Following on from the large number of RP “regrades” to V2 late last year, greater clarity on how a V2 grading is viewed by the Regulator, including some of the characteristics the Regulator feels may be shared by RPs at V2 (such as a weaker financial profile with less headroom against covenants or a significant financial event in the short term that could change the profile of the organisation).
The Regulator’s approach to the regulation of consumer standards, and its guidance on its approach to intervention, enforcement and use of powers, remain unchanged.
For more information
For further information relating to the revised 'Regulating the Standards', please get in touch with Gemma Bell.
On 30 June 2020, Boris Johnson announced radical changes to the planning system.
Six months after the first recorded case of COVID-19 in the UK, it is clear that charities, community organisations and volunteers have played a huge role in the UK’s response to the COVID-19 pandemic
This article is further to our previous e-briefing (published on 22 July 2020) where we informed you that there are new temporary measures (a new Practice Direction PD55c) that have been brought into deal with possession claims, following the stay being lifted on possession claims on 22 August 2020.
A podcast from Alex Loxton and Sumi Begum from our housing litigation team, discussing injunction applications and the courts approach in light of COVID-19 and the ban on possession proceedings.
We have asked colleagues in the Employment Law team to highlight what they think is key to managing a redundancy programme well.
The use of video remote witnessing of Wills will become law.
There’s no doubt about it, the COVID-19 pandemic has placed incredible pressure on the NHS.
Chancellor Rishi Sunak’s £3.8 billion SDLT giveaway may bring benefits for registered providers of social housing, according to ACS experts in the sector.
We finally have some detail about what will happen after the end of the possession stay/evictions ban on 23 August 2020.
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