Turning the 2026 Sector Risk Profile into an assurance framework

In her recent article ‘Having a chit-chat with AI about the 2026 Sector Risk Profile’ Sue Harvey described how the social housing sector awaits the autumn publication of the regulator’s Sector Risk Profile (SRP) to help its understanding of the evolving risk landscape. For the Campbell Tickell risk team, the Profile informs our work with boards, audit committees and risk teams to strengthen risk management in a world of increasing complexity and uncertainty. 

 

From Sector Risk Profile to assurance framwork

As CT welcomes Chris Mansfield from Hargreaves Risk and Strategy (HRS) to our ranks, we wanted to explore how he uses the SRP26. 

For the last seven years Chris has provided HRS clients with a detailed checklist that turns the SRP into an assurance framework. His report sets out the assurance housing associations need in order to demonstrate that they are managing the identified risks effectively. His report groups the requirements by theme, showing the scope and type of evidence needed in each area. 

Assurance requirements by theme 
  • Governance 
  • Financial planning 
  • Asset management 
  • Supported housing 
  • Treasury 
  • Technology 
  • Insurance 
  • Data integrity 
  • Rent setting  
  • Fraud  
  • Development and sales 
  • Tenant vulnerability  

 

Identifying gaps and strengthening assurance

Chris’s clients use the report to identify gaps in their risk registers or existing assurance frameworks, as well as to update those documents to reflect how the risks have changed over the past year. It helps risk management and strategic oversight teams act as a critical friend to risk owners by asking for meaningful evidence of effective controls in those specific areas. 

A housing association that can provide positive assurance across these areas will be better placed to demonstrate effective control of its risks, achieve its strategic goals and maintain a positive regulatory status. 

Read Chris Mansfield’s report on SRP26 assurance requirements here. 

 

Read the Sector Risk Profile assurance framework report

To discuss this article or the risk briefing, please contact please contact our risk team at: risk@campbelltickell.com

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Turning the 2026 Sector Risk Profile into an assurance framework

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