Ethics Flashcards
1
Q
6 principles of the Bribery Act 2010?
A
- Proportionality
- Top level commitment
- Risk assessment
- Due diligence
- Communication
- Monitoring/review
2
Q
What is RICS registration?
A
Registration denotes that a firm will follow the rules of conduct, proving confidence to the public they will meet high professional standards
RICS self regulating body
RICS has seat I’m privy council, advising government on relevant matters
3
Q
Who can apply for RICS regulation?
A
- a firm proving surveying service to the public in the Uk
- minimum 25% RICS member
4
Q
What are the requirements when registering a firm with RICS regulation?
A
Comply with rules of conduct for firms:
- Interpretation
- Communication
- Professional behaviour
- Competence
- Service
- Training/CPD
- Complaints handling
- Clients money
- Pii
- Advertising
- Solvency
- Arrangements if sole practitioner
- Use of designations
- Information to RICS
- Co-operation
5
Q
What must a registered firm do?
A
- inform RICS of any finding against regulation
- infirm RICS of any insolvency
- notify head of regulation with any material changes within 7 days
- pay annual fees and any associated costs
6
Q
Why would the RICS refuse a regulation application?
A
- if firm has been refused registration within 12 months
- if firm has been de-registered within 12 months
7
Q
What can you do if your firm is unsuccessful in applying for regulation?
A
Can be submitted for review to panel within 28 days
