Professional Standards Flashcards
Please explain your understanding of how the RICS define Professional Standards vs Practice Information?
Following the Bichard Review and its recommendations, the RICS have introduced two new definitions or Professional guidance which are now split into Professional Standards and Practice Information.
These supersede the former definitions including Professional Statements, Guidance Notes and Codes of Practice ect.
Professional Standards - set out requirements or expectations for RICS members and regulated firms with a focus on baseline expectations for competence and ethical behaviour.
Mandatory requirements (using the word “must”) that must be complied with.
Recommended best practices (using the word “should”) that suggest optimal approaches but recognize acceptable alternatives
Practice Information - set out supporting guidance to advise surveyors in delivering specific services or working in specific areas of practice. The guidance is not mandatory and does not provide explicit recommendations. Practice Information can refer to processes, toolkits, checklists, insights, research and technical information or advice.