On 22/12/21 at 11:15 AM GRAINNE CUFFE wrote in Inside Housing, According to her article:
The English regulator has placed a west London housing association under review for governance reasons.
The Regulator of Social Housing (RSH) confirmed today that it is examining Shepherds Bush Housing Group (SBHG) on problems that may influence its compliance in a regulatory notice published today.
The regulator is focusing on the governance component of the Governance and Financial Viability Standard, according to the statement.
Landlords who are being investigated for a compliance concern are placed on the regulator’s list of gradings under review until the investigation is finished and a new narrative regulatory judgement is released.
The 5,000-home landlord has a G2/V2 rating after being found to have broken the Home Standard last year due to electrical and asbestos safety issues.
“While we are disappointed to have been placed on the gradings under review list, myself, the executive team and the board are committed to improving our corporate governance at Shepherds Bush Housing Group.” stated Matt Campion, CEO of Shepherds Bush Housing Group,
“We are currently rated as G2/V2 and we are determined to maintain our current gradings.
“We understand the regulator’s reservations around our governance and we will be working closely with them in the coming weeks and will be doing everything we can to satisfy their concerns.”