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63SQ Beyond.hs 51

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Name Symbol Market Type
Beyond.hs 51 LSE:63SQ London Bond
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  0.00 0.00% 0 -

Beyond Housing Ltd Regulatory Judgement and Regulatory Notice (0236B)

28/09/2022 12:17pm

UK Regulatory


Beyond.hs 51 (LSE:63SQ)
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TIDM63SQ

RNS Number : 0236B

Beyond Housing Ltd

28 September 2022

28 September 2022

Beyond Housing Ltd

Regulator of Social Housing (RSH) - Regulatory Judgement and Regulatory Notice

On Wednesday 28 September 2022, the Regulator of Social Housing (RSH) downgraded Beyond Housing's governance judgement from G1 to G2.

In March 2022, Beyond Housing made a self-referral to the regulator relating to errors on rents charged for some of its homes and has been found to have breached the Rent Standard (Regulatory Notice published on 28 September 2022 refers).

The RSH noted Beyond Housing continues to meet the requirements on governance set out in the Governance and Financial Viability Standard and confirms its existing V1 grading for viability. However, following the reactive engagement, needs to improve some aspects of its governance arrangements to support continued compliance.

Links to the RSH Regulatory Notice and Judgement can be found on the Beyond Housing website

https://beyondhousing.co.uk/regulatory-change-to-g2/

For further information, please contact:

Lyn Peacock, Director of Governance/Company Secretary (lyn.peacock@beyondhousing.co.uk)

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(END) Dow Jones Newswires

September 28, 2022 07:17 ET (11:17 GMT)

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