The regulator is "not interested in entering the boardroom" of housing associations

Speaking at The Housing Community Summit in September, Jonathan Walters of the RSH said: "We are really clear that this is a question about accountability, not about control. The regulator is not interested [...] in entering the boardroom and controlling what you do.  That is your job. You get paid to do that, or you volunteer to sit on the board to do that.”  He added: “Those are difficult decisions, and we, as a regulator, cannot prejudge what the right answers are for you, for your communities, and for your organisation.  But what we can, I think, reasonably expect is that you are accountable for how you make those decisions. That you make those decisions in a really considered and robust way. That you think about the trade-offs.”