Ethics - Background Of RICS

Question 1

When was RICS founded?

Answer 1

RICS was founded in 1868

Question 2

What is the current membership numbers of RICS?

Answer 2

Current membership is over 140,000 qualified and trainee members

Question 3

How many levels of membership does RICS have?

Answer 3

4 levels of membership:

1. FRICS
2. MRICS
3. AssocRICS
4. Trainee/Student

Question 4

Who is the current Chief Executive Officer of RICS?

Answer 4

The current Chief Executive Officer is Justin Young

Question 5

Who is the current President of RICS?

Answer 5

The current President is Tina Paillet FRICS with effect from 1st January 2024. This position also chairs Governing Council

Question 6

What is required to become a Fellow of RICS?

Answer 6

To become a Fellow, you need to provide evidence of achievement of FOUR Fellowship characteristics, which include:

• 5 or more years at MRICS
• A leadership role
• Professional/technical achievement/
  academic achievement
• Raising the profile of the RICS

A portfolio of professional achievement to support the application is required to include your CPD record

Question 7

What is the current Governance Structure of the RICS?

Answer 7

Under the terms of its Royal Charter, RICS is governed by various internal councils and boards.

Governing council has over 20 members, providing management and strategic direction.

Question 8

How many specialist professional groups are there that cover property, land and construction?

Answer 8

17 specialist professional groups.

Each group has an elected board and is responsible for outlining standards of competence and practice.