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Name | Symbol | Market | Type |
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Beyond.hs 51 | LSE:63SQ | London | Bond |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
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0.00 | 0.00% | 0 | - |
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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