Assessment of capacity to take on new Y business and development opportunities is robust Carries out detailed and robust stress Y testing of financial plans against a range of scenarios, identifying appropriate mitigation strategies Before taking on any new liabilities, Y ensures obligations are fully understood and demonstrates consideration of how the likely impact on current and future business and regulatory compliance will be managed PS4.0 Clearly evidenced self evaluation and N Document produced for Regulator’s Develop existing and robust self-evaluation statement of compliance attention and scrutiny against new performance standards staff, Board, tenant and stakeholder feedback (March 2018) PS5.0 A track record of achieving positive outcomes, responding appropriately to new challenges and performance issues Demonstrates how the board assures Y itself of current performance and drives continuous improvement 5.2 Demonstrates how lettings make the Y Review feedback from local authorities in best use of available housing, stakeholder survey (June 2017) compatible with the core purpose of the Ensure LA partnerships tackle issues such Registered Social Landlord as homelessness, welfare reform and challenging/vulnerable applicants (March 2019) Keep schemes under review in light of welfare reform and review u35 pilot (August 2017) PS6.0 Delivering value for money in all areas of the business
Assessment of capacity to take on new business and development opportunities is robust Carries out detailed and robust stress testing of financial plans against a range of scenarios, identifying appropriate mitigation strategies Before taking on any new liabilities, ensures obligations are fully understood and demonstrates consideration of how the likely impact on current and future business and regulatory compliance will be managed Y Y Y PS4.0 Clearly evidenced self evaluation and statement of compliance N Document produced for Regulator’s attention and scrutiny Develop existing and robust self-evaluation against new performance standards staff, Board, tenant and stakeholder feedback (March 2018) PS5.0 A track record of achieving positive outcomes, responding appropriately to new challenges and performance issues Demonstrates how the board assures itself of current performance and drives continuous improvement 5.2 Demonstrates how lettings make the best use of available housing, compatible with the core purpose of the Registered Social Landlord Y Y Review feedback from local authorities in stakeholder survey (June 2017) Ensure LA partnerships tackle issues such as homelessness, welfare reform and challenging/vulnerable applicants (March 2019) Keep schemes under review in light of welfare reform and review u35 pilot (August 2017) PS6.0 Delivering value for money in all areas of the business
Annual-Statement-of-Compliance.docx