Disciplinary Procedures

Question 1

When might disciplinary procedures be triggered?

Answer 1

Allegation

Or been informed by third party to RICS

Question 2

What are the three levels of disciplinary action?

Answer 2

Action by Head of Regulation
Regulatory Tribunal
Appeal Panel

Question 3

What is the first step of formal investigation?

Answer 3

Head of Regulation formal investigates.

Question 4

Head of Regulation can initiate what four actions if disciplinary actions is required?

Answer 4

Serve a fixed penalty notice
Make a regulatory compliance order
CPD sanctions
refer matter to disciplinary panel

Question 5

What is a regulatory compliance order?

Answer 5

Document that states what a member or firm must take or desist from taking certain actions.

Question 6

What is action by Regulatory Tribunal?

Answer 6

More serious breaches
Can consider a hearing is required
50% of members of the panel are not RICS members

Question 7

What are the penalties available to the Disciplinary Panel?

Answer 7

Issue a compliance order
An unlimited fine per breach but proportional to the offence
Impose conditions upon future RICS registration
Expulsion from membership or firm
Publication of the results of the hearing in Modus or on the RICS website

Question 8

What should fees negotiations avoid?

Answer 8

Price Fixing, Pirce cutting
No undercutting is allowed
In line with the Ethical Standards