Regulator ends statutory intervention
We are pleased to announce that following a recent review of our engagement with the Scottish Housing Regulator they have decided to end the Statutory Intervention.
A statement from our Management Committee states;
"The Management Committee of Molendinar Park Housing Association is pleased that the SHR has ended its statutory appointments at this time. We were very pleased to welcome new members to the committee at our recent AGM and are grateful for the support that we have received from the appointees. The committee has identified a programme of priorities and actions for the coming months and we look forward to making sustained progress, whilst continuing to deliver excellent services to tenants and service users. We very much appreciate the support that our communities have demonstrated for the association over the last months."
A statement from the SHR press release:
Christine MacLeod Director of Regulation (Governance and Performance) said “Molendinar Park acted appropriately by reporting its governance failure to us when it became known and has worked openly with us to rectify this problem. We will continue to engage with Molendinar Park as it carries out an independent review of its compliance with our Regulatory Standards of Governance and Financial Management”
You can see the full press release at the SHR website here
You can also see our updated regulation plan here