Turning the Sector Risk Profile into an assurance framework
As CT welcomes Chris Mansfield from Hargreaves Risk and Strategy to our ranks, we wanted to explore how he uses the SRP26.
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This report sets out the key changes in the RSH’s Sector Risk Profile between 2025 and 2026 and lists all of the requirements on organisations and boards framed in terms of assurance requirements that boards should seek to ensure that they are managing their risks effectively and complying with all regulatory requirements.
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This detailed analysis is intended to support the risk management and strategic oversight function of RPs in their role as a critical friend to risk owners, challenging them to provide meaningful assurance that key risks have been identified and are being managed effectively.
About the report
As CT welcomes Chris Mansfield from Hargreaves Risk and Strategy 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.
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.
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