The UK Regulator of Social Housing (RSH) has published its latest annual report on sector risks — the Sector Risk Profile. The document analyzes the main challenges facing organizations that provide social housing, including financial sustainability, housing stock quality, and operational efficiency. The report's main conclusion is that sustainable and forward-looking strategic leadership plays a crucial role in organizations' ability to manage emerging risks. The regulator notes that social housing providers operate under growing pressure related to the need to maintain and repair housing stock, rising operational costs, and changing regulatory requirements. The report emphasizes the importance of boards of directors and organizational management having a clear understanding of their risks and having effective control and decision-making mechanisms in place. This enables organizations not only to respond to problems that have already arisen, but also to identify potential threats to financial and operational stability in advance. RSH continues to monitor the state of the sector and expects housing providers to demonstrate their ability to adapt to changing conditions while maintaining the quality of services provided to tenants. The publication of such reports is part of the regulator's regular oversight activities in the social housing sector and aims to increase transparency and accountability of organizations to tenants and the state.