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British Property Federation publishes new governance code for for-profit registered providers
The new code is tailored to the “distinct elements” of FPRPs’ structures, such as the fact that they are often part of wider groups of connected companies
The British Property Federation has today published a bespoke governance code of practice for for-profit registered providers of affordable housing.
The purpose of the new code is to promote good governance among for-profit registered providers (FPRPs), safeguard the interests of shareholders, customers, and other stakeholders, and protect the sector’s reputation.
While the code is informed by existing codes of governance used by the National Housing Federation, as well as the UK Corporate Code and the European Confederation of Directors’ Associations (ecoDa) code, the British Property Federation (BPF) has developed its own for FPRPs due to “the distinct elements of these organisations”.
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