Disciplinary Proceedings Flashcards

1
Q

What is the RICS complaint procedure?

A

Complain > RICS
Commence investigation?
Is person liable?
Punishment?
Disciplinary proceedings;

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2
Q

What could be deemed as an offence to the rules / ethical standards?

A

Failure to use a complaints handling procedure
Conflicts of interest
Misuse of clients’ money
Failure to answer correspondence
Criminal convictions

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3
Q

What are the possible disciplinary proceedings?

A

Regulatory compliance order - Formal written agreement between RICS and member/firms
Fixed Penalty - Administrative fine issued by the RICS for failure to provide RICS information
Panel Hearing - For serious breaches - Panel of 8 members, 8 lay members and chairperson
Expulsion

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4
Q

What is a regulatory compliance order?

A

A Regulatory Compliance Order is an agreement between RICS and a Regulated Member that they are liable for disciplinary action

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5
Q

What are the types of regulatory compliance orders?

A
  • Caution
  • Reprimand
  • A requirement that the Regulated Member gives one or more undertakings as to future conduct
  • A requirement that the Regulated Member takes or stops taking certain actions within a specified period of time
  • Conditions on the Regulated member’s continued membership of RICS
  • Conditions on a Regulated Members registration for regulation
  • A requirement that the Regulated Member pays a fine of up to £2000 per breach
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6
Q

What happens before a Regulatory Compliance Order is issued?

A

Member/firm in question admits that they have fallen short of the standards expected
Agrees to an appropriate sanction
Take steps to meet the standards expected and/or to prevent it happening again

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7
Q

What three actions can be imposed after the end of the investigation stage?

A

Caution and Fixed Penalty
Deregistration
Expulsion

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8
Q

When are fixed penalties applicable?

A

1) When a member/firm does not provide information requested by the RICS
2) When a member does not complete CPD

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9
Q

When is a disciplinary panel applicable?

A

Where the RICS deems this after the investigation stage with sufficient evidence

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10
Q

What sort of breaches would expulsion be suitable for?

A

Continuous failure to meet rules / standards
Fraud
Conviction
Incompetence (continous)
Discrimination
Mismanagement of clients money

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11
Q

How are disciplinary breaches published?

A

Published on the RICS website to “name and shame” those people

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12
Q

What happens if CPD is not complete?

A

Fine
Fine, Caution, named on the RICS website
Referral to Disciplinary Panel

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13
Q

How are disciplinary proceedings triggered?

A

Complaint
Information received or established
Not adhering to rules of conduct

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