2 - Bichard Review

Question 1

Why was Lord Bichard Review commissioned to the RICS?

Answer 1

Following internal review of internal governance failings, RICS commissioned Lord Bichard to undertake a further review to:

Clarify purpose responsibility public Make recommendation proposals of RICS

Question 2

There were 36 recommendations from Lord Bichard, what were the 7 key areas? (June 2022)

Answer 2

• D&I
• Younger members
• Independent review of RICS’ governance every 5 years.
• Sustainability/climate change.

Question 3

What were the 5 Future Foundations published by RICS in November 2023 following the Bichard Review?

Answer 3

1. Vision
2. Mission
3. Strategic Goals
4. Values
5. A world Class Organisation