GCH Statement of Compliance

Our regulator, the Regulator of Social Housing (RSH), publishes a Regulatory Framework and Regulatory Standards.

• The Regulatory Standards comprise of the Economic Standards (namely the Governance and Financial Viability, Value for Money and Rent Standards) and the Consumer Standards (namely the Tenant Involvement and Empowerment, Home, Tenancy and Neighbourhood and Community Standards).
• One of the core Economic Standards is Governance and Financial Viability. This requires Registered Providers (RPs) to have effective governance arrangements in place that deliver their aims, objectives and intended outcomes for tenants and potential tenants in an effective, transparent and accountable manner. It also requires RPs to manage their resources effectively, to make sure their viability is maintained whilst ensuring that social housing assets are not put at undue risk.
• As part of being regulated by the RSH, GCH has been given a rating for governance, as assessed against the Governance and Financial Viability Standard.
• GCH maintains a G1 governance and V2 financial viability rating, throughout the financial year ended 31 March 2019.
• Each year the RSH requires RPs to assess their compliance with the Governance and Financial Viability Standard and provide assurance to customers and stakeholders that the RSH specific expectations are being complied with.
• We have undertaken an annual review of compliance. The Board is assured that GCH is compliant with the Regulatory Framework including the Governance and Financial Viability Standard and its accompanying Code of Practice.

Excellence in Governance – The GCH Board subscribes to the National Housing Federation Code of Governance 2015 and complies with all of the principal recommendations therein.