The Federation is going to work with members and stakeholders to revise its Code of Governance.
As announced at our Governance Conference on 12 June, the Federation is set to lead a revision of our Code of Governance later this year.
The current Code of Governance was published in 2015. Since then, there have been a number of changes in the external and regulatory environment that are affecting our sector.
Like many sectors, we are also coming under increasing scrutiny and are facing questions around transparency, accountability and trust. We are addressing some of these questions through our Together with Tenants work, which includes a proposal to add a new requirement in the Code of Governance to value the voice and experience of tenants and residents.
Our sector is facing other challenges and changes that we would like to address through a revised code, including information rights and an enhanced focus on consumer rights.
We therefore believe now is the right time to revisit our current Code of Governance with our members and stakeholders and explore how we can revise it to strengthen the sector’s governance.
We are in the early stages of considering how the revision will take place, but we do know that it needs to be transparent and involve an open consultation to gather views from our diverse membership and associated stakeholders.
We will also be convening a number of member and stakeholder groups to guide and shape this work.
The timing for this still needs to be agreed, but we anticipate launching a consultation in the autumn, with a view to publishing the new Code next spring.
As part of this process we want to engage with as many members and stakeholders as possible. We will be launching an open consultation later this year, and convening member and stakeholder groups. If you would be interested in being involved further in the process, or have any questions, please get in touch with Paul Bayly, Head of Governance and Compliance.