The Regulator of Social Housing has today (8 April 2021) published the results of an independent survey of registered providers about the In-Depth Assessment (IDA) process.
The survey shows that providers consider IDAs to be an important element of regulating the economic standards and praised the professionalism and conduct of RSH's IDA teams. Providers also indicated in the survey that they made changes as a result of the IDA process, most commonly in the areas of stress testing and mitigation planning, risk management and board reporting.
The findings provide helpful feedback to RSH about providers' experience of the IDA process, and in response to these and its own internal reviews, RSH will continue to evolve and adapt its approach to IDAs.
Maxine Loftus, Director of Regulatory Operations, said:
We welcome the results of this survey of providers which shows that providers value the IDA process and the way in which it is carried out. We are grateful to those who took part in the survey and we will take into account their feedback, as well as our own internal reviews, as we continue to develop our approach.
