Conduct Erhics - Gifts and hospitality Flashcards

1
Q

What should be considered regarding gifts and hospitality?

A

Proportionality

Timing

Value.

Having a company register in place to record offers and where accepted.

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2
Q

Can you give an example where you have been offered gifts?

A

At the post-contract project review. The structural timber supplier brought the project team a tape measure and pair of socks each.

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3
Q

Does the RICS take a stance on gifts or hospitality?

A

Rule 1 - 1.2 - members and firms does not allow themselves to be influenced by others. (work referrals, gifts and hospitality/payments)

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4
Q

How does your company manage Gifts/Hospitality?

A
  • We are to exercise good judgement and consider that the benefits are reasonable in value, auditable, and appropriate to the occasion and the roles of those involved (especially public officials)
  • Record the item and ensure senior management are included.
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5
Q

When would you not accept a gidt/hospitality?

A

Never:

  • Anything illegal, indecent, or offensive in any way
  • Gambling
  • Anything which could incite improper advantage or influence over a business relationship
  • never request anything
  • anything associated with conflicts of interest.
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