Ethics, Rules of Conduct and professionalism (Level 1) Flashcards
What is the primary obligation of a Chartered Surveyor within the UK legal system?
To operate within the UK legal system and adhere to RICS Rules of Conduct for members and firms.
What are the RICS Bye-Laws and Regulations, and why are they important?
They are mandated by the Royal Charter and ensure professionalism, integrity, and ethical behaviour.
What is the RICS ‘Black Book’?
A collection of Guidance Notes and Professional Statements outlining professional standards for surveyors.
Why must Chartered Surveyors stay up to date with RICS Professional Statements?
To maintain competence and ensure compliance with industry standards.
How do the RICS Bye-Laws apply to professional practice?
They provide the legal and ethical guidelines that members must follow in their day-to-day duties.
What is the significance of the RICS Rules of Conduct for members?
They set the ethical framework for surveyors to follow, ensuring accountability and integrity.
Why is professionalism essential for Chartered Surveyors?
It builds trust with clients, maintains the profession’s reputation, and ensures ethical practices are followed.
What is the Royal Charter in relation to RICS members?
It mandates the regulation and governance of Chartered Surveyors, ensuring they operate to high standards.
What is the role of Professional Statements within RICS?
They are formal guidelines that set out mandatory professional conduct for surveyors.
How can a Chartered Surveyor ensure they remain competent in their role?
By staying informed of updates to RICS standards, continuously learning, and adhering to professional best practices.
What are the RICS Rules of Conduct?
- Must be honest, act with integrity and comply with professional obligations.
- Must maintain professional competence and ensure that services are provided by competent individuals with the necessary expertise.
- Must provide good quality and diligent service.
- Must treat others with respect and encourage diversity and inclusion.
- Must act in the public interest, take responsibility and act in a way that promotes trust in the profession.
What is the RICS CPD policy?
Members must complete 20 hours of Continuing Professional Development (CPD) annually, with at least 10 hours being formal learning
What is the RICS motto?
‘Est modus in rebus’ or ‘There is measure in all things’
How is the RICS structured?
RICS is organised into 6 professional groups (e.g., Construction, Valuation) and is governed by the Governing Council, with committees handling standards, governance, and regulation globally.
