The CQC will conduct reviews on a monthly basis of all of the information they hold about services and will use these reviews to prioritise its activity.
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.
In June 2021 the Education and Skills Funding Agency ESFA issued its annual update to their Academies Financial Handbook. The purpose of this briefing is to summarise the changes and any particular ac
From 30 September 2021, the costs of issuing certain applications in the Family Court will increase, following the implementation of the Court Fees Order.
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Thomas Starkey has been recruited to help lead Anthony Collins Solicitors housing practice, with the remit of growing ACS’ Manchester office and property team.
The monthly round-up from the Anthony Collins Solicitors charities team.
Since GDPR has come into effect, many companies have struggled to comply with GDPR. In this ebriefing, we look at the shocking data breach at Hackney Council.
The High Court has ruled that retrospective changes to the LGPS exit credits regime were lawful – and gave some helpful guidance around the new discretion to pay an exit credit.
The Government has brought forward draft laws to allow independent schools to close the Teacher’s Pension Scheme to new joiners but to allow existing members to continue.
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