A group of Anthony Collins Solicitors (ACS) experts from across our various client sectors have gazed into their crystal ball and given us a view on how 2021 is looking.
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.
Luton Borough Council was prosecuted by the HSE late last year following an incident at a high school in which an assistant headteacher was attacked by a pupil and left with life-changing injuries.
This ebriefing looks at the proposal to set out 'public procurement principles' in the proposed procurement legislation.
Happy New Year - our first newsletter of 2021! Throughout this year we will continue to bring you news and developments relating to the charities sector.
Local authorities should be wary of reserving contracts for local suppliers, as recommended by Procurement Policy Note (PPN) 11/20. Other contracting authorities may want to maximise their use of this
Most housing practitioners have perhaps been waiting for this news since the latest lockdown was announced by the Prime Minister on 4 January 2021.
Climate change and biodiversity is an area where significantly faster changes are needed on a global and local basis.
Chris Lloyd Smith, Adrian Leonard and Lisa Whitehouse discuss the planning opportunities available to owners of businesses and how to prepare for unforeseen events.
In their 3rd podcast of the series, Chris Lloyd-Smith and Maria Ramon discuss a number of problems with and difficulties that can arise in mediation and the mechanisms they use to overcome them.
Our previous round-up began by sharing the news that two vaccines had shown very promising test results. Here we are, not even a month later, and the first vaccines have already been administered!
To receive invitations to our events, as well as information and articles on legal issues and sector developments that are of interest to you, please sign up to Newsroom.