Client Care Flashcards
1
Q
In what year was the RICS Professional Statement, Client Money Handling, 1st Edition, published?
A
2019
2
Q
What is the purpose of the RICS Professional Statement, Client Money Handling, 1st Edition, 2019?
A
The overall objective of this professional statement is that RICS members and RICS regulated firms understand their obligations to ensure:
- client money is kept safe
- client money accounts are used for appropriate - purposes only
- RICS-regulated firms have the appropriate controls and procedures to safeguard client money
In accordance with the RICS Client Money Protection Scheme Rules
3
Q
What are the two RICS Client Money Protection Schemes, and who must join them?
A
- RICS Client Money Protection Scheme for Surveying Services
- RICS Client Money Protection Scheme for Property Agents
All RICS Regulated Firms must join the relevant scheme
4
Q
SAY’s CPO?
A
