Conduct Rules, Ethics And Professional Practice Flashcards
When was the RICS founded?
1792 it was a surveyors club. In 1881 the RICS received its Royal Charter from Queen Victoria
What is the role of the RICS?
To regulate and promote the profession
Maintain the highest educational and professional standards
Protect clients and customers
Provide impartial advice, analysis and guidance
What is the RICS motto?
Est Modus in Rebus - there is measure in all things
How many countries does the RICS operate in?
146 countries
Where is the RICS headquarters?
12 Great George Street, Parliament square, london
Who forms the governing council?
President
President-Elect
Senior vice-president
Senior independent governor
4 strategy seats
14 market seats
Who is the current president?
Clement Lau Frics
Who is the pressure elect?
Ann grey frics
What firms are regulated by the RICS?
Firms with over 50% of their partners as members of the RICS
Firms which have applied
What is Rule 1 in the rules of conduct?
Members and firms must be honest, act with integrity and comply with their professional obligations, including obligations to RICS
What is Rule 2 in the rules of conduct?
Members and firms must maintain their professional competence and ensure that services are provided by competent individuals who have the necessary expertise
What is Rule 3 in the rules of conduct?
Members and firms must provide good-quality and diligent service
What is Rule 4 in the rules of conduct?
Members and firms must treat others with respect and encourage diversity and inclusion
What is rule 5 in the rules of conduct?
Members and firms must act in the public interest, take responsibility for their actions and act to prevent harm and maintain public confidence in the profession
What is new in the new Rules of Conduct?
The main areas are:
Sustainability
Handling data
Diversity and inclusion
