Conduct Rules, Ethics & Professional Practice Flashcards
What are the 5 RICS Professional & Ethical Standards?
- Act with integrity
- Act in a way that promotes trust within the profession.
- Always provide a high level of service.
- Take responsibility.
- Treat others with respect.
What does Ethics mean to you?
Ethics means doing the right thing, even if it is not the easiest route to take.
What does Integrity mean to you?
It means being honest, straightforward, and impartial.
What does taking responsibility mean to you?
Being accountable for my actions, and having the courage to do what I believe.
What are the principles for better regulation?
PACTT Proportionality Accountability Consistency Targeting Transparency
What are the rules of conduct for members?
- Interpretation
- Communication
- Ethical Behaviour
- Competence
- Service
- CPD
- Solvency
- Information to the RICS
- Cooperation with RICS
What are the rules of conduct for firms?
- Interpretation
- Communication
- Ethical Behaviour
- Competence
- Service
- CPD
- Solvency
- Information to the RICS
- Cooperation with RICS
- Complaints handling procedure
- Managing clients money
- Professional indemnity Insurance
- Advertising
- Arrangements to cover incapacity or death of a sole practicioner
- Use of designation
What are the rules of conduct for firms that differ from those for members?
- Complaints handling procedure
- Managing clients money
- Professional indemnity Insurance
- Advertising
- Arrangements to cover incapacity or death of a sole practicioner
- Use of designation
Why do we have rules?
To ensure a consistent, high standard of professionalism anywhere in the wortld
Why do you want to be a member of the RICS?
- I want to become a member of an internationally
recognised and respected professional group. - It will provide me with significant career opportunities,
continuous professional development and networking
possibilities. - It is the epitome of professionalism and knowledge
within the construction industry.
Is there legislation relating to anti-bribery?
- The bribery Act 2010
What does this legislation cover?
- Active (giving) and passive (receiving) of a bribe
- Makes it illegal to bribe a foreign official
- Makes it illegal to not prevent bribery on behalf of a
commercial organisation.
What are the 6 prevention principles of the Bribery Act?
- Top level commitment
- Due diligence
- Training
- Monitoring
- Proportionality
- Risk Assessment
How can you play your part in preventing bribery in the construction industry?
- By being open and honest about what may be constituted as a bribe.
Can a gifr from a contractor be considered a bribe?
- Yes it can. It would depend on the circumstances and the gift in question.
Tell me about your companies gift policy
- Must submit anything accepted or given to a
contractor or client to the online gift register. - Limit of £250 as to what we can give and receive.
- We are never to accept cash, gift vouchers, valuable
items or frequent gifts.
What is the modern slavery act?
- It was introduced in 2015.
- It is an act of parliament designed to combat modern
slavery in the UK and consolidate demand for migrant
workers.
What are the CPD Requirements for members of the RICS?
- To complete 20 hours of CPD per calendar year. This must be made up of 10 hours of Formal CPD and 10 hours of Informal CPD.
When do you have to complete your CPD by?
- 31st December every year.
What is Formal CPD?
- Formal CPD is that which has a clear learning outcome from the session. e.g. a seminar or presentation.
What is informal CPD?
- Informal CPD is more about generally learning e.g. reading Modus.
