1. Life beyond red tape Claer Lloyd-Jones Chief Executive Tenant Services Authority

2. Context Macro economy and the housing market Constraints on public expenditure Social housing and welfare reform Minimising the burden of regulation Co-regulation and localism Strength of the sector

3. The new Regulatory Framework - April 2010 Co-regulation Economic regulation Consumer regulation Minimising the burden

4. Review of Social Housing Regulation Economic and consumer regulation functions to be transferred to the HCA Independent Statutory Regulation Committee Maintaining lender, investor and sector confidence is vital Consumer regulation to be backstop Localist solutions to tenants’ problems

5. Maintaining confidence and continuity Appointments to Board and Committee Defining the role of the Regulation Committee and how it will operate Transferring staffing and resources Reforming the Regulatory Framework

6. Setting the regulatory framework - standards Registering providers of social housing Analysing the social housing market to inform our approach to regulation and risk Ensuring private registered providers are well governed, viable and deliver value for money Intervening where there is ‘serious detriment’

7. Economic regulation Economic regulation: Questions for Boards –What strategic choices have you made about how you use your resources? –How have you defined your VFM objectives? –How are you delivering value for money? –Risk appetite and alignment with objectives

8. Implications for providers and tenants Co-regulation and Localism: questions for Boards and Councillors –What is our commitment to accountability and to involvement of our tenants? –How is this reflected in the decisions we make? –Is our approach to local offers effective? –Was our report to tenants useful and informative? –How do we know?

9. Summary More challenges, more risk Boards and elected officials as leaders Co-regulation – working in partnership