Handling Clients' Money

Question 1

What is the RICS Professional Standard for Client Money Handling?

Answer 1

RICS Professional Standard: Client Money Handling, 2019

Question 2

What are the SIX main areas in the RICS PS: Client Money Handling, 2019?

Answer 2

1. Holding client money
2. Providing information to clients
3. Receipts of all client money
4. Payments from client accounts
5. Accounting records and controls
6. Compliance