Role of the RICS

Question 1

What is the overarching role of the RICS?

Answer 1

It promotes and enforces the highest professional qualifications and standards in the development and management of land, real estate, construction and infrastructure

It is accountable to both members and the public

It is involved in policy influence and political engagement

Question 2

What are the three main roles of the RICS?

Answer 2

1. To maintain the highest standards of education and training
2. To protect consumers through strict regulation of professional standards
3. To be the leading source of information and independent advice on land, property, construction and associated environmental issues

Question 3

When was the Alison Levitt Review carried out?

Answer 3

2021

Question 4

When was the Lord Bichard Review carried out?

Answer 4

June 2022

Question 5

What was the purpose of the Bichard Independent Review?

Answer 5

1. Clarify the purpose of the RICS
2. Make recommendations on its governing structure
3. Provide proposals for the incoming leadership and governing body on the future culture and strategy of the institution

Question 6

What were Bichard’s key recommendations?

Answer 6

1. A renewed and increased focus on the public interest remit of RICS
2. Maintaining self-regulation
3. Increased focus on diversity and inclusion
4. Empowering and enabling members through greater support
5. Undertaking an independent review once every 5 years
6. A new, simplified, clear, accountable governance structure
7. Showing greater leadership on issues that matter most to society

Question 7

What is the aim for the RICS following the review?

Answer 7

To deliver a member-led public interest focussed RICS with 5 key themes of governance, strategy, people, culture and values and member service

Question 8

What are the 5 benefits of being an RICS member?

Answer 8

1. Status
2. Recognition
3. Market Advantage
4. Knowledge
5. Network