New Corporate Governance Code for Housing Corporations
May 30, 2014
A committee chaired by Professor Mijntje Lückerath-Rovers will review and introduce the new Corporate Governance Code for Housing Corporations. This code provides directors and regulators of housing corporations with guidelines for good governance. The committee also includes representatives from Aedes and the Vereniging van Toezichthouders in Woningcorporaties (VTW) [Association of Regulators in Housing Corporations].
On entry into force of the code in 2006, it was agreed that a review would be carried out every three years. The last review was in 2011.
The committee reviewing the code this year consists of Professor Mijntje Lückerath-Rovers (independent chairman), Aedes board members Maria Molenaar and Rob Haans and VTW board members Denise Bakker and Marian Louppen. This review and the developments in the sector should lead to the introduction of a new version of the Governance Code.
The committee will seek the opinion of the members of Aedes and VTW on the code shortly after returning from the summer break. The findings and experiences of the Ministry of the Interior, CFV, WSW, SVWN and the Tenants' Association will also be included as part of the review.
The committee will also adopt the recommendations from the Aedes report Oversight with Bite, and the VTW recommendation Improving Quality of Internal Oversight of Housing Corporations. This also applies to the recommendation by the Halsema Committee and the final report of the Parliamentary Inquiry on Housing Corporations.
The new Corporate Governance Code for Housing Corporations will be presented this autumn during the members meetings, the Aedes Conference and the general meeting of the VTW.
Mijntje Lückerath, Governancecode (2014) - in Dutch