RICS Structure Flashcards

1
Q

What is the meaning of the RICS motto

A

Est modus in rebus - there is measure in all things

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2
Q

What is the mission statement of the rics

A

To quality and equip their members to offer the highest standards of professional service

To promote and enforce standards

To lead solutions to the major challenges facing the built environment through professional expertise

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3
Q

How is the RICS structured

A

The RICs was founded in 1868 with the Royal Charter being granted by the privy council in 1881

The RICS is self regulated and internally monitored meaning that is it not regulated by the government or external parties

The Bye Laws determine how the RICS is regulated

The governing council manage and agree the strategy for the RICS
Two branches sit underneath governing council

· Standards & Regulation Board
“. RICS Board
—- Professional Group Panels
— Other board committees such as the Audit, Risk Assurance and Finance Committee”

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4
Q

Standards and regulation board

A

Authority to create rules and policy
Registration, investigations,

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4
Q

What is the Brooke review and what does it cover

A

The Brook Review of 2005 was carried out to examine the doubts of RICS members over the benefits of professional membership. It covers the regional and national governance, involvement of junior members, review of guidance and support offered to members.

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5
Q

Who is the President of RICS?

A

Tina Paillet - enhance member value and engagement; attract a diverse next generation; strengthen trust in the profession; lead and influence on sustainability.

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6
Q

Who is the president elect?

A

Justin Sullivan

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7
Q

Who was the Vice President?

A

Nicholas Maclean

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