Ethics - Role of the RICS

Question 1

What does the RICS promote and enforce?

Answer 1

The highest professional qualifications and standards in the development and management of land, real estate, construction and infrastructure (RICS, 2020)

Question 2

What are the THREE main roles of the RICS?

Answer 2

1. To maintain the highest standards of education and training
2. To protect consumers through strict regulation of professional standards
3. To be the leading source of information and independent advice on land, property, construction and associated environmental issues (RICS 2015)

Question 3

How does the RICS protect consumers and businesses?

Answer 3

By ensuring the utmost level of professionalism is employed across the built and natural environment.

Standards documents lay out the ethical conduct and competence-related standards for the profession.

By working to RICS standards, professional members and RICS regulated firms deliver confidence and transparency.

RICS ensures these standards are upheld by the profession through system of independently led regulation. (RICS 2020)