Reviewing and appealing a regulatory decision: a consultation paper
Last updated: 18 Dec 2015
- Consulting body:
- Scottish Housing Regulator
- Period of consultation:
- Runs from 13 November 2015 to 15 January 2016
- CML action:
- Response submitted
This paper builds upon the discussion paper issued by the Regulator in September 2015 which we responded to and contains no surprises although it does outline timescales for the review and appeal processes.
Read the consultation paper
Whilst understanding the reasons behind introducing a review/appeals process we are firmly of the view that the SHR has to continue to be able to exercise its professional judgement and regulatory discretion to maintain lender confidence in the RSL sector. We believe that our members will look to be able to take whatever action they consider appropriate having established fully all the facts notwithstanding that a review or appeal may be in process.
Read the full CML response to this consultation in the downloads section below.