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Appendix C1 Tier 2 Information Requirements / continuedCurrent CodeRequirementAdditionalFinancialStandardRequirementsfrom 2017Cash flow projections where loan finance does not exceed acertain threshold 9 3 8AHB complies with charities requirements 3AHB complies with conditions of approved body status 3AHB has a number of Board policies in place including membership,membership renewal, code of conduct, conflict of interest and aregister of interests3No individual may be elected or appointed as director / trustee orsenior employee of an AHB where they have a material interest /benefit arising from AHBs operations.3Maintenance of a Risk Register identifying key risks, likelihood ofthem occurring and proposed actions to mitigate risk 3Alert Regulation Office of Notifiable events 3Meeting with Regulation Office annually on request 3Financial and Business ManagementHave a Finance Committee3to be phased outHave an Audit and Risk Committee 3Have a tax clearance certificate 3Have a sinking fund 3Perform regular stock condition surveys and ensure they areexternally validated 3Submit the Annual Report (if available) and Financial Statements(with Directors Report) / accounts 3Have an external audit process in place 3Submit audit management letter and management responses 3Have an asset register 3Have a strategic direction 3No longer required8. In the 2017 calendar year the Annual Return Form relating to the 2016 Financial Year will issue and will have to be completed in accordance with theCombined Code and Financial Standard provisions.9. Guideline threshold; If Borrowings exceed €1.5M or loan financed stock exceeds ¼ of total stock, then a full business plan and accompanying30 Year Financial Projections will be required.xxivHousing Agency Regulation Office