Following passage of The Regulation of Registered Social Landlords (Wales) Act 2018, the Office for National Statistics (ONS) has completed an assessment of Registered Social Landlords (RSLs) in Wales. The review has been completed in the context of international rules laid out in the European System of Accounts 2010 and the accompanying Manual on Government Deficit and Debt 2016.
ONS has concluded that RSLs in Wales are private, market producers and as such they will be reclassified to the private non-financial corporations (S.11002) sub-sector for the purpose of national accounts and other economic statistics. This classification takes effect from 13 June 2018, the date the regulations came into force. The reclassification has been communicated in a letter, sent on 27 June 2018.
Related downloads
- Welsh Registered Social Landlords notification letter 2018 (118.7 kB pdf)