RICS General, Latest News & Changes Flashcards

1
Q

Why do you want to join the RICS?

A
  • To be regarded as working to the highest industry standards
  • To be regarded as a professional and well respected in my field
  • Technical resources to support my profession and enhance my future development
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2
Q

What is Modus?

A
  • External comms produced by the RICS on global matters across the RICS professions.
  • Used to be a magazine, now all digital.
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3
Q

What is the Royal Charter and when was it granted?

A
  • To maintain and promote the usefulness of the profession for the public advantage
  • 1881
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4
Q

What is Matrics?

A

• A facility for young RICS members or students to share and collaborate. For new members entering the profession

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5
Q

What is RICS Insights?

A

• Collaboration tool, through yammer for your chosen pathway.

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6
Q

What is AssocRICS?

A

• An associate member includes work-based experience. Seen as a steppingstone to MRICS status.

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7
Q

Why didn’t you go for AssocRICS?

A

I prioritised my university studies, and once I became eligible my goal was to become MRICS.

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8
Q

What is the red book?

A

RICS Valuation Global Standards

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9
Q

What is the role of the RICS?

A
  • Regulate and promote the profession
  • Maintain the highest educational and professional standards
  • Protect clients and consumers through strict code of conduct and standards
  • Provide impartial, advice, analysis and guidance.
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10
Q

What was the Carseberg Report 2005?

A

• Thorough internal and external view of the regulation of RICS.

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11
Q

How many RICS members are there worldwide?

A

• 130,000

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12
Q

How many pathways are there in the RICS?

A

• 22

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13
Q

What is the purpose of the Royal Charter?

A

• “Promote the usefulness of the profession for the public advantage in the UK and other parts of the world”

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14
Q

What is the RICS Address?

A

• Great Gorge Street, Parliament Square.

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15
Q

How many countries does it operate in?

A

• over 140

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16
Q

When was the RICS Formed?

A

• 1868

17
Q

When did it gain royal charter?

A

• 1881

18
Q

Who founded the RICS?

A

• John Clutton

19
Q

What are the headings of the RICS website?

A
  • News & insights
  • Upholding Professional standards
  • Training and events
  • Surveying profession
  • Products and services
20
Q

How much are RICS fees?

A
  • Annual fee - £354 first two years

* 539 for annual fee (MRICS)

21
Q

Who is the president of RICS?

A

Clement Lau

22
Q

Who is the CEO of RICS?

A

Richard Collins (interim CEO)

23
Q

What is the governance structure of the RICS?

A
  • Privy Council
  • Governing Council

Standards & regulations board, Management Board & Audit Committee.

24
Q

What are RICS standing orders?

A
  • Updated Oct 21

* Governance processes and procedures

25
Q

What has the RICS done recently with regards to net zero?

A

The RICS has joined a coalition of built environment bodies to developing a consistent approach to verifying buildings as net zero.